Regional Powerhouse

China's economic rise has captured the world's imagination. At the forefront has been the Greater Pearl River Delta, a region consisting of Hong Kong, Macao, and part of Guangdong Province, whose unique and complex complementarities have created a regional powerhouse of global importance. How did the Greater Pearl River Delta region become home to one of the world's leading manufacturing centers and one of the world's leading business cities? Why is the Greater Pearl River Delta region likely to remain in the vanguard of China's economic emergence? What opportunities and challenges does the region present for companies and economies around the world? Regional Powerhouse: The Greater Pearl River Delta and the Rise of China answers these questions and provides unique insights into one of the world's most dynamic regional economies.

The authors show how the Greater Pearl River Delta region has benefited from China's economic opening by combining the international orientation, business experience, and financial muscle of Hong Kong and Macao with the land, labor, and skills of the Chinese Mainland. They show how this combination has created an increasing number of world beating industries that have attracted companies and business people from all around the globe. They show how China's accession into the WTO strengthens the region's position in the national and international economies. Finally, they show how the region's trajectory will lead it to even greater prominence in the future. Regional Powerhouse: The Greater Pearl River Delta and the Rise of China sets forth why business people, policy makers, and analysts from around the world need to understand this most intricate and dynamic of regions.