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Paperback Effects of China's New Silk Road on the Participating Economies Book

ISBN: 1636480306

ISBN13: 9781636480305

Effects of China's New Silk Road on the Participating Economies

After two decades of rapid economic growth, based on export and foreign investments inflow, a major shift in the economic strategy of China was made in 2001. A set of basic principles was called Go Global. The focus shifted from exports as a driver of economic growth, to domestic consumption, and from FDI inflow to FDI outflow due to the need to place surplus capital. Go Global strategy has transformed China from a participant to one of the main promoters...

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