Foreign Trade Reform

Victoria Mantzopoulos and Raphael Shen

Chapter Chapter 5 in The Political Economy of China’s Systemic Transformation, 2011, pp 81-110 from Palgrave Macmillan

Abstract: Abstract Faced with embargo imposed by the West after taking over the reign from the Nationalist government in 1949, China’s communist leaders relied on the former members of the Warsaw Pact. Among the Warsaw Pact nations, the former USSR was the nation that China most relied on for military assistance and economic relationships.1 Soviet advisers were quick to oblige China to model its economic system after that of their own. China’s policy for foreign economic relations, therefore, patterned closely after that of its “big brother,” the former USSR.

Keywords: Foreign Investment; World Trade Organization; Foreign Trade; Trade Balance; Open Door Policy (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-11934-5_5

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DOI: 10.1057/9780230119345_5

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