ABSTRACT

China has quickly opened up its economy in the past twenty years. As a result of the economic reforms, it has become the largest foreign direct investment (FDI) recipient developing country since 1993, and its trade accounts for about 40 per cent of total gross domestic product (GDP). But China is still not fully ‘opened’, and international pressures persist in that direction. A consensus seems to be growing within the Chinese population: China has to open its doors to catch up with the process of globalization and become a constructive and equal partner in the world market; but at the same time, China has to decide which path to choose (strategies, game tactics, etc.) taking into account its own interests, its own calculation of costs and benefits, its own capability of dealing with risks and negative impacts, and, therefore, being fully independent from the calls of multinationals, foreign powers and other international interest groups.