Conclusion

Author:

Massot Pascale

Abstract

Abstract The empirical focus in this book is China’s impact on global commodity markets, but the conclusions point to broader patterns we can expect as China attempts to carve out a position of market power that is commensurate with its size in the global economy. The Conclusion presents six broader lessons we can draw from this book to reflect on the ongoing integration (the advance and, at times, retreat) of the Chinese economy with the global economy: the heterogeneity of China’s behavior and impacts abroad, the importance of unintended consequences, the resonance between domestic and global market institutions, market vulnerability as seen from China, the question of market fairness and, finally, the return of market power, including via the re-emergence of economic nationalism and the attendant much-needed problematization of the concept of “open markets.”

Publisher

Oxford University PressNew York

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