In This Review

China's Economic Opening To The Outside World
China's Economic Opening To The Outside World
By Jonathan R. Woetzel
Praeger, 1989, 208 pp.

Against a strong historical background, Dr. Woetzel, a consultant to McKinsey's Hong Kong office, shows how the ups and downs of the new openings in trade and investment are intimately linked to divided counsels, interests and practices among the Chinese. He has interesting interview material on Western ventures and concluded-before the events of May and June 1989-that the challenge for the new line in external relations "is to promote change without turbulence."