China and the United States: two superpowers in the global economy

In recent decades, China has been increasingly seen as a land of seemingly limitless opportunity for transnational corporations and economic growth. In the early 1990s, China's late leader, Deng Xiaoping, welcomed multinationals into many strategic industries. Since then, this country has grown to become the world's second largest economy, behind only the United States. This book uses the latest economic and business information to show how the business and economic environments of China and the United States are intertwined, and offers a detailed account of how multinationals from the United States have been incorporated into the Chinese economy.Bringing together contributions by a number of well-known scholars from both China and abroad, this volume, as part of the Transnational Corporations Council of Studies series, allows the reader to navigate multinationals' interactions with the Sino-American economy.