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This book focuses on the systematic change in the global economy accompanying the rise of China. In this constellation the two centers of the global economy and financial system, the U.S. and China, would ideally cooperate, and the global economy could benefit from having two economic and financial centers.
China's trade surplus is an essential question, but there are many popular misconceptions about it, a fact that prompted the creation of this book, On China's Trade Surplus. It will help readers to understand the manner in which China's foreign trade and China's role in global trade have developed, and to how to benefit from trade with China.
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