Is China becoming the "workshop of the world" in the same way as Britain and the United States once were; or is China – as some multinational companies believe – simply a processing segment in global production networks? This book examines China’s role in the international division of labor: it analyzes the scale and scope of China’s manufacture; the type and relative sophistication of its exports in the world market; and its position in the global value chain. It shows that China monopolizes industrial production by being the processing center of world.