Wirtschaftliche entwicklung und außenwirtschaftliche verflechtung der VR China

Since the beginning of the reforms in 1978, China has experienced a profound change of its social and economic order. The People's Republic has grown into the world's third biggest economic power trailing the United States and Japan. Today, China belongs to the world trade and capital import nations. It is considered as the biggest market for consumer and capital goods in the future. However, in this context it is often overlooked that the growth process is accompanied by considerable social and economic problems. The essay describes economic and regional strategies behind the economic reforms, analyses the extent and origin of foreign investment and as well as the impact in China's provinces and regions.