40 Years Since Deng Xiaoping’s Reforms: The Chinese Economy’s Challenges and Prospects
40 Years Since Deng Xiaoping’s Reforms: The Chinese Economy’s Challenges and Prospects

Author(s): Damian Wnukowski
Subject(s): National Economy, Governance, Economic history, Political history, Economic policy, International relations/trade, Economic development
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: People’s Republic of China; Chinese economy; Deng Xiaoping’s economic reforms; opening the market; EU countries cooperating with China;
Summary/Abstract: After four decades of gradually opening the Chinese economy to the world and at the beginning of the Xi Jinping’s second term in office, China’s authorities are announcing deep reforms, including increasing market access for foreign entities. Despite strengthening Xi’s power, one should expect a further, selective opening of the market depending on the strength of Chinese enterprises in specific industries and their development needs. The announcements of the reforms provide an opportunity for the EU to put pressure on improving the situation of companies from Union countries operating in China.

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