The China-Hong Kong Connection: The Key to China's Open Door Policy

by Yun-Wing Sung

Overview

This book is a scholarly yet highly readable account of the "middleman" role that Hong Kong has played in China's Open Door Policy. Dr. Sung develops a "Theory of Intermediation" to explain the paradoxical situation by which Hong Kong's role as intermediary in China's commodity trade is becoming more prominent in spite of the fact that since the development of the Open Door Policy in 1979, China has established many direct diplomatic, commercial and transportation links with the outside world. The book makes an important contribution to understanding China's various phases of economic reform and its interactions with global economic markets. Dr. Sung predicts that China's demands on Hong Kong's capacity as intermediary will increase dramatically after the handover in 1997.

Product Details

ISBN-13:	9780521108980
Publisher:	Cambridge University Press
Publication date:	02/19/2009
Series:	Trade and Development
Edition description:	Reissue
Pages:	200
Product dimensions:	5.51(w) x 8.50(h) x 0.47(d)

Table of Contents

1. The open-door policy; 2. The pivotal role of Hong Kong; 3. The institutional setting; 4. Evaluation of the open-door policy; 5. Hong Kong as a financier; 6. Hong Kong as a trading partner; 7. Hong Kong as middleman; 8. Summary and conclusions.

Editorial Reviews

"...this book gives a timely and objective appraisal to the increasingly inter-dependent relationships between Hong Kong and China. The author's effort in assembling, organizing and interpreting the seeming unmanageable Chinese and non-Chinese data is admirable. While thebook is economic in its orientation, the insights are often directly relevant to international business students, teachers and practitioners alike. It is without doubt a valuable addition to one's collection of literature in this area." Journal of International Business Studies

"...a useful academic discussion of Hong Kong's role in China's open-door decade." Madelyn C. Ross, China Business Review

"A stimulating little book." Penelope Hartland-Thunberg, Journal of Comparative Economics

From the Publisher