China and the global economy : national champions, industrial policy, and the big business revolution / Peter Nolan.

Includes bibliographical references (pages 233-234) and index.

Pt. I. China's ambitions: Building the 'national team'. Lessons from historical experience. Building the 'national team'. Case studies. Internal difficulties in building the 'national team' -- Pt. 2. The challenge of the global big business revolution. General features of the business revolution. Consolidation in selected sectors during the business revolution. The 'external firm': an ever-larger sphere of co-ordination and planning. Inequality in the regional distribution of firms that lead the business revolution. Revolutionary change in business systems outside the US. The third technological revolution. The global revolution in financial services -- Pt. 3. China enters the WTO: Choices and prospects. Can large Chinese firms compete on the global level playing field? Strengthening China's industrial policy? China joins the WTO: abandoning industrial policy? Prospects(i): The 'optimistic' view. Prospects(ii): The shock of defeat. Prospects(iii): An alternative outcome?