The transformation in the political economy of China's economic relations with Japan in the era of reform
Prior to the signing of the Long-Term Trade Agreement (LTTA) in 1978, management of China’s economic relations with Japan was centrally planned. The LTAA agreement, however, allowed the two countries to develop special bilateral economic relations, with China relying heavily on Japan for capital and technology to fuel its modernisation drive and Japan depending on China’s energy and raw materials to enhance its economic security. But China’s marketoriented reforms led to a transformation of...[Show more]
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