Introduction

Tracy Dathe, Volker Müller and Marc Helmold
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Tracy Dathe: Macromedia University
Volker Müller: European Chamber of Commerce
Marc Helmold: IU International University of Applied Sciences

Chapter 1 in Business Opportunities and Risks in China, 2023, pp 1-2 from Springer

Abstract: Abstract In December 1978, under the leadership of Deng Xiaoping, the Chinese Communist Party (CCP) determined the ‘Reform and Opening-Up Policy’ at the Central Work Conference, the Third Plenary Session of the Eleventh Central Committee. The shift in the overall strategic focus of the Chinese policymakers towards economic growth marks the beginning of a historical process of integration of the Chinese market into the global. However, Western countries’ expectation of China ‘change through trade’ has failed. The economic reform did not lead to a change of the political system in China.

Date: 2023
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DOI: 10.1007/978-3-031-31933-4_1

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