China's Economic Growth: Towards Sustainable Economic Development and Social Justice
This two-volume book addresses the economic transformation occurring in China at present. The author investigates China's domestic and international policies, the impact of these policies on economic growth, and their effect on the quality of life for the
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John Joshua
China’s Economic Growth: Towards Sustainable Economic Development and Social Justice
John Joshua
China’s Economic Growth: Towards Sustainable Economic Development and Social Justice Volume II: The Impact of Economic Policies on the Quality of Life
John Joshua Independent scholar Shun Cheng District, Fushun-City, China
ISBN 978-1-137-59434-1 ISBN 978-1-137-59435-8 (eBook) DOI 10.1057/978-1-137-59435-8 Library of Congress Control Number: 2016957708 © The Editor(s) (if applicable) and The Author(s) 2017 The author(s) has/have asserted their right(s) to be identified as the author(s) of this work in accordance with the Copyright, Designs and Patents Act 1988. This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Cover illustration: © Sean Pavone / Alamy Stock Photo Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Macmillan Publishers Ltd. The registered company address is: The Campus, 4 Crinan Street, London, N1 9XW, United Kingdom
Preface, Volumes I and II
During the pre-colonial period, the regions of South Asia, South-East Asia and East Asia were highly integrated. However, during the colonial period, Europeans took control of trade and siphoned off the profits to Europe. After the end of the colonial period, East Asia and South Asia began to re-engage with each other. China is not the first country to grow at a rapid rate. Japan experienced similar growth from the mid- 1950s until 1973; during that period, Japan’s real gross domestic product (GDP) expanded fourfold over a period of 15 years (Ito and Weinstein 1996, p. 206). The commonly held view is that China is a fast-growing economy with a large amount of foreign direct investment. China’s economy is thought to be largely based on exports consisting of labour-intensive products. However, this view is a generalization derived from statistical calculations and empirical findings. Extrapolations of trends into the fu
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