China, the United States, and the Global Economy
Chinese and American scholars and practitioners presented papers at the second of four annual conferences organized by RAND in Santa Monica, and the China Reform Forum (CRF) in Beijing. This book contains those edited papers. The second conference was held at RAND on November 9-10, 1999, with about 30 participants including the authors and their discussants. The topics discussed include China's World Trade Organization membership, the outlook for the U.S. and Chinese economies, and Sino-U.S. security relations — topics that are no less relevant now than they were at the time of the 1999 conference. The second CRF-RAND conference and the editing and other requisites for readying the original papers for publication could not have been accomplished without the generous support of several organizations and individuals. These include — besides the China Reform Forum and RAND — the Committee of 100 and Henry Tang, the Hoover Institution and John Raisian, the Capital Group Companies and Gina Despres, Lombard Investments and Joseph Chulick, the UCLA Center for International Studies and Richard Rosecrance, the Zhejiang Gateway International Investment Company and James Bitonti, the Overland Group and Fred Liao, and Roy Doumani. None of these organizations or individuals bears any responsibility for the content of the wide-ranging views and policy suggestions presented in the book.
Table of Contents
China, the United States, and the Global Economy: Introduction and Overview
Outlook for the Global Economy
Trends and Prospects in the Global Economy
World Economic Restructuring and China’s Economic Transformation
Outlook for the U.S. Economy
Can the United States’ Economic Success Continue?
Trends and Prospects in the Chinese Economy
China’s Economic Growth: Recent Trends and Prospects
The Chinese Economy in Prospect
The Role of Foreign-Invested Enterprises in the Chinese Economy: An Institutional Foundation Approach
China’s Macroeconomy: Expanding Domestic Demand and Interim Reforms
U.S.-China Economic and Security Relations
China and the World Economy: The Short March from Isolation to Major Player
American Interests in and Concerns with China
Sino-U.S. Economic and Trade Relations
U.S.-China: Bonds and Tensions
List of Participants
Biographical Summaries of Chapter Authors
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