Abstract
China’s maxim of trusting in its own strength may well be the vital clue to an understanding of its foreign trade policy. In the fifties two-thirds of the Chinese foreign trade was conducted with Comecon states, above all the Soviet Union. After the break with the Kremlin Peking decided on a widely diversified, multilateral policy for its foreign trade. “To make foreign things serve China” became the motto.
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References
David L. Denny, International Finance in the People’s Republic of China, in: China, Reassessment of Economy, Economic Joint Committee, Washington 1975, p. 669.
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Institute for Asian Affairs.
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Dohmen, H. China’s foreign trade policy. Intereconomics 11, 197–201 (1976). https://doi.org/10.1007/BF02929005
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DOI: https://doi.org/10.1007/BF02929005