Introduction To The Chinese Economy

This comprehensive overview of the modern Chinese economy by a noted expert from China offers a quality and breadth of coverage. In this book, the author provides an introduction to China's economy since 1949 and original insights based on his own extensive research. China’s economic juggernaut continues to astound the world year after year. Even in the face of the US financial crisis, China continued to drive strong economic growth. But what are the factors behind the success? This concise introduction to the modern Chinese economy from noted expert Rongxing Guo provides many of the answers. Based extensively on the author’s research, the book analyzes the social, economic, and political history of China and the effect of reform at local, regional, and national levels. In the course of his analysis the author addresses both the positive and negative consequences of the transformation. Written by one of China’s top economic scholars, An Introduction to the Chinese Economy offers the reader fascinating insights into the most significant transformational event of the 21st century. The book will be an essential resource for scholars, business people, policymakers, and general audiences throughout the world. It is also suitable for classroom use in undergraduate courses. This comprehensive overview of the modern Chinese economy by a noted expert from China offers a quality and breadth of coverage. In this book, the author provides an introduction to China's economy since 1949 and original insights based on his own extensive research. The book sets out to analyze and compare the operational mechanisms of the Chinese economy between the pre- and post-reform periods and through national, regional and local dimensions. Both positive and negative consequences of the Chinese economic transformation have been clarified. A multiregional comparison of the Chinese economy is conducted in terms of natural and human resources, institutional evolution, as well as economic and social performances. At last, some key issues relating to the inherent operational mechanisms of and the dynamic patterns of the Chinese economy are also discussed.