 Coping with the Dragon: Western Relations with ChinaFilippo Andreatta Chapter 8 in After the Asian Crises, 2000, pp 158-172 from Palgrave Macmillan Abstract: Abstract The issue of the West’s relations with China is becoming increasingly central to the post cold war world. Sometimes, this importance is overrated due to the psychological interdependence of the CNN age, which attributes global importance to local events. For example, during the financial turmoil in the summer of 1998, it seemed at one time that global stability depended on China’s ability to avoid devaluation of the yuan, while in fact China’s share of world trade accounts for merely two per cent of the total. Similarly, the common fallacy of futurologists, which project current trends indefinitely in the future, has raised the issue of China becoming the largest economy in the world in the space of the next two decades, even if current growth rates are unsustainable in the medium run. The larger and more developed it will become, the more difficult it will be to make it grow at double-digit rates. Measured in constant dollars, China’s GDP is today only about a third smaller than Italy’s, while its per capita GDP is about four times smaller than Korea’s. Keywords: Foreign Policy; Foreign Affair; International Security; Asian Crisis; International Issue (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-333-98298-3_8 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.