Chinese Manufacturing

Paper Summary:

This paper discusses the twenty year history of an unprecedented process of economic reform in China and explores the formidable challenges that remain. It also analyzes two long term considerations, namely, how China's economy reflects the impact of domestic and international change.

From the Paper:

"In early China, much of its population lived in a simple society consisting of isolated villages in which peasants survived solely on the fruits of their own labors. Frequently peasants only purchased necessary goods such as salt, and cooking utensils. Most goods which were sold (if at all) were close to their place of origin, which was usually no more than 100 miles away. But there was also a smaller, less frequent long distance type of trade, one which catered to the wishes and needs of the social and economic elite. Goods such as choice teas, porcelains, and the finest woven textiles were shipped to these elites. Books, stationary and sugar were among other luxury items often shipped long distances. For much of the early years of China, its people made and grew products for their own needs and survival."

More papers on Chinese Manufacturing:

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