Amazon.com description: Product Description
: Chinaâs prosperity is at the core of the emerging Platinum Age of global economic growth. Rapid economic growth has been underpinned by expansion in its domestic markets, and the integration of domestic and international markets in goods, services, capital, labour and foreign exchange. Global commodity prices have reached historic highs, while Chinaâs capital outflows have helped to hold down interest rates worldwide. Linking markets, both domestic and international, has been key to Chinaâs success. In sustaining its strong economic growth, China has become one of the worldâs most voracious consumers of energy. The challenge now facing the government and people of China is in achieving cooperation with the international community to avert the costsâboth economic and environmentalâof accelerating energy consumption. ChinaâLinking Markets for Growth gathers together leading scholars on Chinaâs economic success and its effect on the world economy into the next few decades.