China: Linking Markets for Growth

China: Linking Markets for Growth

Edited by: Ross Garnaut, Ligang Song orcid
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China’s prosperity is at the core of the emerging Platinum Age of global economic growth. Rapid economic growth has been underpinned by expansion in its domestic markets, and the integration of domestic and international markets in goods, services, capital, labour and foreign exchange. Global commodity prices have reached historic highs, while China’s capital outflows have helped to hold down interest rates worldwide. Linking markets, both domestic and international, has been key to China’s success.

In sustaining its strong economic growth, China has become one of the world’s most voracious consumers of energy. The challenge now facing the government and people of China is in achieving cooperation with the international community to avert the costs–both economic and environmental–of accelerating energy consumption.

China–Linking Markets for Growth gathers together leading scholars on China’s economic success and its effect on the world economy into the next few decades.


ISBN (print):
ISBN (online):
Publication date:
Aug 2007
ANU Press
China Update Series
Asia Pacific Press
Business & Economics; Social Sciences: Politics & International Studies, Social Policy & Administration
East Asia

PDF Chapters

China: Linking Markets for Growth »

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  1. Linking markets for Chinese growth (PDF, 83KB)
  2. Mature Chinese growth leads the global Platinum Age (PDF, 213KB)
  3. Marketisation in China: progress and contribution to growth (PDF, 363KB)
  4. Facing protectionism generated by trade disputes: China’s post WTO blues (PDF, 240KB)
  5. Component trade and China’s global economic integration (PDF, 265KB)
  6. Service sector reform options: the experience of China (PDF, 297KB)
  7. Integrating China’s agricultural economy into the global market: measuring distortions in China’s agricultural sector (PDF, 118KB)
  8. Regional labour market integration since China’s WTO entry: evidence from household–level data (PDF, 180KB)
  9. How much have the wages of unskilled workers in China increased? Data from seven factories in Guangdong (PDF, 315KB)
  10. Domestic market integration and inter–regional growth spillovers (PDF, 443KB)
  11. Foreign direct investment in China: trends and characteristics after WTO accession (PDF, 193KB)
  12. China’s demand for energy: a global perspective (PDF, 475KB)
  13. Crouching bull, hidden bear: the Chinese equities markets in fat years and lean years (PDF, 186KB)
  14. How effective are China’s capital controls? (PDF, 226KB)
  15. Reforming China’s exchange arrangements: monetary and financial sovereignty, sequencing and the foreign exchange market (PDF, 241KB)
  16. China’s real exchange rate (PDF, 307KB)
  17. An externally dependent economy and real estate bubbles (PDF, 530KB)
  18. Economic opening and domestic market integration (PDF, 484KB)
  19. Stepping stones to market integration: the role of economic and technological development zones (PDF, 257KB)
  20. The implications of China’s economic transformation for modern economics (PDF, 233KB)

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