The emergence of China a new global economic player is one of the most significant developments of contemporary world. Will the rise of China lead to the restoration of her historical leadership over the global economy? Will China fail to realize her development ambition because of the serious and developing social and environmental problems? What are the implications of the rise of China for the rest of the world and for the global system as a whole? This course discusses the economic interactions between China and the modern world system over the past two centuries and evaluates the future trends.