What is it about?
In this research work, the author focuses on the analysis of the liberalization of foreign trade policy of emerging China in the world economy. In accordance with the foreign trade policy theory further trade liberalisation and improved framework policies would increase trade and promote growth. It must be emphasized that openness to trade is associated with higher incomes and growth and there is a need for new approaches to trade cooperation in the light of the forces that are currently re-shaping international business.
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Why is it important?
What indicates the importance and innovativeness of the research is the presentation of the technical progress in P.R.China and the benefits resulting from the liberalized Chinese foreign trade policy.
Perspectives
The key of trade developments within the broader socio-economic context is especially the rise of global supply chains, the general shift of trade power away from the West towards Asia.
Professor PhD DSc Zdzisław W. Puślecki
Uniwersytet im Adama Mickiewicza w Poznaniu
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This page is a summary of: Ekonomia XXI Wieku, Ekonomia XXI Wieku, Wroclaw University of Economics,
DOI: 10.15611/e21.
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