The growth of Chinese economy and analysis on the industrial competitiveness of Korea and China

Jung-Dong Park

Global Economic Review, 2002, vol. 31, issue 2, 65-87

Abstract: China has propelled towards joining the WTO for almost fifteen years since 1986, and, at last, it joined in late 2001. China's membership in the WTO is expected to bring about tremendous changes to the overall economic environment, structures of trade and industry, as well as her foreign policy. In this article, we will consider China's powerful economic growth by studying the performance and economic issues of its last 20 years, review the major changes due to China's WTO membership, which has notably become an important economic issue, and analyze the industrial competitiveness of Korea and China. Lastly, important suggestions for Korea's economic policy from the economic growth of China and future prospects will be extracted.

Date: 2002
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DOI: 10.1080/12265080208422894

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