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Zhang Publishes Two Books
Zhang
Dr. Kevin Honglin Zhang
Kevin Honglin Zhang, Associate Professor of Economics, recently published two new books:  China as World Factory and China and the Challenge of Economic Globalization: The Impact of WTO Membership. These books provide a thorough analysis of China and its role in the world economy. Few countries have integrated into the world economy as fast—or as dramatically—as China has since 1978. Within the next decade, China will become the largest exporting nation; this will have an effect not only on the global economy but also on individual people. “The U.S. is the largest exporting market for China,” Dr. Zhang remarked, “and China is the fastest growing market for the United States. The United States is the second-largest trade partner to China, and China is likely to become the second-largest trade partner to the United States this year.”

China as the World Factory brings together a team of leading international scholars to provide an analytical framework for assessing the potential and prospects of China as a world factory. They present the latest development of Chinese industrial competitiveness in the global market and examine the policy implications of China as the world factory. China and the Challenge of Economic Globalization: The Impact of WTO Membership, coauthored with Hung-Gay Fung and Changhong Pei, is a timely study of China’s rapidly changing economy after entering the World Trade Organization. It provide an in-depth analysis of the path China is taking in the globalization process and an understanding of the risks and opportunities that market participants will encounter in the process.  "Since joining the Department of Economics, Processor Zhang's major research focus has been on the effects of foreign direct investment on the Chinese economy," stated Dr. James Payne, Chair of the Department of Economics. "His work has covered a wide range of issues within this area and has helped economists better understand the process of economic development in China."
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