Accounting standards in China

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Title: Accounting standards in China
Author: Ball, Ray; Robin, Ashok; Wu, Joanna
Abstract: Since China adopted its open-door policy and embarked on a path to economic reform more than two decades ago, the world has witnessed a stunning transformation, GDP growth has averaged 8 percent per year, exports have grown 15 percent per year, the state's share of industrial output has shrunk from 78 to 28 percent, China has attracted $300 billion of foreign direct investment, and individual and foreign portfolio investment have become considerably more significant. China is now an active participant in the increasingly integrated world markets.
Record URI: http://hdl.handle.net/1850/8170
Date: 2001

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