01169pab a2200193 454500 180718b2008 xxu||||| |||| 00| 0 eng d Lo, Dic Globalisation meets its match: lessons from China's economic transformation 2008 p.97-102. 27 Dec The sustained and rapid growth of the Chinese economy in the last three decades has been in sharp contrast to the prolonged stagnation in most parts of the non western world. the persistence of a mixed economic system despite market reforms further contradicts the orthodox doctrines of globalization. This study argues that China's economic transformation has been mainly based on productivity improvement and is thus to a significant extent a real development. It has been achieved mainly through process of "governing the market" by a set of structural-institutional factors that are china-specific but can be of general importance for the development worldwide. - Reproduced. Globalization - China Globalization Zhang, Yu Economic and Political Weekly N 80798 80798 80798 0 0 0 0 IIPA IIPA 2018-07-19 Volume no: 43, Issue no: 52 AR81258 2018-07-19 2018-07-19 AR