Book
China and the Global Economy since 1840

This is a study of the long-run evolution of the relationship between China and the world economy. The book presents an original interpretation of the country's socio-economic processes in the past 150 years, focusing on China's interaction with the expanding capitalist world economy. The author argues that the general thrust of China's quest for development or 'modernization' has been to catch up with the wealthy nations of the West, and goes on to explain the changing paths and outcomes. The book proceeds chronologically from China's mid-nineteenth-century incorporation to the world economy, starting from a semi-colonial state to the Maoist state-led industrialization after 1949, and to the post-Mao liberalization and reintegration. By carefully examining the patterns of development in these three major periods of the nation's history, it addresses fundamental issues pertaining to the making of modern China. This rigorously argued book will be a timely and much debated contribution, as the `rise of China' in the twenty-first century has become an issue of our time.

Table of contents
  1. 1. Introduction
    Aiguo Lu
  2. Part I: Westernization (1840-1949)
    2. The Westernization Movement
    Aiguo Lu
  3. Part I: Westernization (1840-1949)
    3. Foreign Trade
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  4. Part I: Westernization (1840-1949)
    4. The Dual Structure of the Economy
    Aiguo Lu
  5. Part I: Westernization (1840-1949)
    5. Falling Behind: The Lessons
    Aiguo Lu
  6. Part II: Delinking and Self-reliance (1949-78)
    6. The Formation of a Strategy for Catching Up
    Aiguo Lu
  7. Part II: Delinking and Self-reliance (1949-78)
    7. Industrialization
    Aiguo Lu
  8. Part II: Delinking and Self-reliance (1949-78)
    8. Trade and Trade Performance
    Aiguo Lu
  9. Part II: Delinking and Self-reliance (1949-78)
    9. Outcome: A Mixed Package
    Aiguo Lu
  10. Part III: Reintegration (1978 and Beyond)
    10. A Different Game
    Aiguo Lu
  11. Part III: Reintegration (1978 and Beyond)
    11. Economic Restructuring
    Aiguo Lu
  12. Part III: Reintegration (1978 and Beyond)
    12. The State
    Aiguo Lu
  13. Part III: Reintegration (1978 and Beyond)
    13. The Overseas Chinese Capitalist Diaspora
    Aiguo Lu
  14. Part III: Reintegration (1978 and Beyond)
    14. Catching Up?
    Aiguo Lu
  15. Part III: Reintegration (1978 and Beyond)
    15. Conclusion
    Aiguo Lu
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