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China 2020 : China engaged - integration with the global economy (Английский)

China was closed economy until 1979. As a result of open-door policies and reforms, its relationship with the rest of the world has been transformed and its growth has accelerated. According to projection scenarios, China would become the second largest trading nation in the world. The economic welfare benefits of China's liberalization and entry into the multilateral trading system would be large, with benefits to China alone estimated at more than...
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