This book investigates the critical role of China's export policies and performance in its post-1978 economic reforms. It critically evaluates the Stalinist model's opposition to developing countries' global economic engagement while simultaneously highlighting the limitations of an 'export-led' development strategy. The author posits that substantial participation in international trade is indispensable for achieving desired economic growth, even for a nation as large as China. The analysis begins with a survey of China's export evolution prior to the reforms, particularly during the Mao era, before delving into the post-1978 shifts in trade theory and export promotion policies.

This book is positioned as a valuable resource for academics in international trade and development economics, as well as for the business community, particularly those with joint ventures in China or facing significant export competition from China. The analysis is grounded in rich material and careful examination, offering insights into one of the crucial aspects of China's post-Mao economic transformations. The work critically assesses both the benefits of global economic integration and the potential drawbacks of an over-reliance on export-led growth. It provides a detailed historical and theoretical framework for understanding China's economic trajectory.