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The US and China are in fact each other's most important partner in trade among many aspects. In this book, Lau looks through various economic statistics of the past few decades and shows us that while the real effects of the China-US trade war in 2018 are not negligible, they are relatively manageable for both nations.
This text includes an overview of the Chinese economic reform, which commenced in 1979, identifying the factors responsible for its success. Alternative scenarios for the development of the Chinese economy in the 21st century are also presented and interpreted.
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