CONTENTS -- Acknowledgments -- Preface -- List of Tables -- List of Figures -- Chapter 1 China's Industrial Revolution -- 1. Understanding China's Economy -- 2. Sustainable Rate of Growth: Accelerated Rate of Growth -- 3. Challenges Ahead: A Macroeconomic Agenda -- 4. China's Economic Reform: Industrialization and Internationalization -- 5. Progression of China's Industrial Revolution -- 6. Inflow of Foreign Direct Investment: A Digression -- 7. Sources of FDI: A Digression Continued -- 8. China is Aware of Challenges Ahead -- 9. Macroeconomic Agenda -- 10. China's Macroeconomic Structure: The People's Bank of China (PBOC) & the Government Budget: The Case for Restructuring -- 10.1 The People's Bank of China & China's Monetary Policy -- 10.2 Exchange Rate -- 10.3 China's National Budget and Fiscal Policy -- 11. Economic Regionalization -- 12. Conclusion -- Chapter 2 China's Economic Presence -- 1. The Chinese Economy -- 2. The Socialist Market Economy -- 3. Industrialization and Internationalization -- 4. Privatization and Industrialization -- 5. The Service Sector of China -- 6. WTO's 143'd Member: Dimension of the Chinese Economy -- 7. Challenges Ahead: Ownership of the Means of Production in China's Socialist Market Economy: China and Asian Economic Community -- 8. Conclusion -- Chapter 3 China and Asian Continental Economic Community: Intra Community Macro- and Microeconomic Parameters -- 1. Interdependence of Globalism and Regionalism -- 1.1. The Post- WWlI Infrastructure of Globalization and New World -- 1.2. The European Union (EU) -- 1.3 Will the EU Survive the Challenge of Political Integration? -- 2. Asia-Pacific Economic Cooperation (APEC) -- 3. Can the EU Be a Learning Model? -- 3.1. Unity in Diversity: Pan-European Culture and Civilization -- 3.2. Intra-EU Micro- and Macroeconomic Agenda.

3.3. The Principle of Inclusion, Not Exclusion -- 3.4. EU's Competitively Larger Economic Base: EU vis-a-vis USA -- 3.5. Shares of World Trade for Member Economies of EU and the Euro-Regime -- 3.6. Richer and Poorer Member Economies in E U Compact -- 3.7. Freedom of Labor Movement -- 3.8. Fluctuations of Exchange Rate: Euro vis-&is US Dollar -- 4. Asian Economic Community (AEC) -- 4.1. The Map of Asia is as Real as the Map of Europe -- 4.2. Membership of the AECMust Be Anchored in the Principle of Inclusion -- 4.3. Uniformity of the Level of Industrialization of the AECMembers -- 4.4. Asian Continental Economic Base in Terms of Its Shares of World Output and Trade -- 5. Conclusion -- Chapter 4 Foreign Direct Investment (FDI) in China-An Economic Appraisal: A Structural Change -- 1. China's Economic Reform and Structural Change of the Chinese Economy -- 2. Special Economic Zones (SEZs) -- 3. Sources of FDI into China -- 4. FDI Inflow into China by Sector: The Focus on the Industrial and Manufacturing Sector -- 5. The Real Estate Boom -- 6. Transport, Post and Telecommunication Services in the Tertiary Sector -- 7. FDI Inflow into China by Regions: Productivity Analyses -- 8. Productivity Analyses: FFE in China's Manufacturing Sector -- 9. China's Foreign Trade: A Great Leap Forward -- 10. Inflow of Foreign Investments into China and Economic Impact -- 11. Job and Employment Proffie in China's Investment and Industrialization Plan -- 12. Investment in Fixed Assets: Capital Construction and Innovation -- 13. China's Socialist Market -- Chapter 5 China's Money and Financial Market -- 1. The PBOC and Major Banks of China -- 2. China's Financial Market -- 3. Foreign Banks and Financial Institutions in China -- 4. Joint Venture Securities Companies -- 5. China's Growing Consumer Credit Market -- 6. The Challenge to Reconstruct the Financial Sector.

7. Exchange Rate: the Chinese Yuan as a Floating Currency -- Chapter 6 The Foreign Sector of the Chinese Economy -- 1. Trade Relations and Economic Cooperation -- 2. China's Top 10 Trading Partners, Trade Destinations and Commodities in Trade: Export-Import-led Growth Model -- 3. China and United States Trade -- 4. China's Trade Account and the Value of Foreign Trade by FFEs 1999-2001 -- Chapter 7 China's Industrial Revolution and Beyond -- 1. China's Economic Structure as of 2004 -- 2. China's Interregional Economic Gaps -- 3. China's Income Distribution and the Gini Coefficient Index -- 4. Comparison of China, India, Japan, and US: Health, Transportation, and Technology -- 5. Village Level Industries in China's Primary Sector -- 6. Education: Science and Technology -- 7. China and the USA -- 8. Selected Issues for China -- 8.1 Super-power Paradigm -- 8.2 Walls, Walls, and More Walls Against Foreign Businesses -- 8.3 China's Statistics -- 8.4 Corruption -- 8.5 Bad Loans and Banking Crisis -- 9. China and the Rest of the World -- 10. Concluding Remarks -- Bibliography -- Internet Sources -- Data Sources -- Index.