This paper investigates the institutional reason underlying the change in the trajectory of economic growth in post-reform China, and argues that the trajectory of growth was much more normal during the period of 1978-89 than in the post-1989 era. In the former period, growth was largely induced...

Based on the theoretical and empirical research of economists in the past decade, this article intends to address the following issues about the effects of China’s economy on the global economy: What impact does China’s fast-growing economy have on the global trade flow and trade pattern?...