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Although the state is still a major economic actor in China's cities, it is widely recognized that the rapid expansion …
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In February 1985, Hui Tong Urban Co-operative Bank, China's first new private bank since 1949, opened for business in … Chengdu City in Sichuan Province. The author explores the new bank against the backdrop of China's general financial reform …
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The "Wenzhou model" is a controversial one in China. Wenzhou is characterized by its lively private or unofficial …
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Three phases of enterprise autonomy policy, their unintended consequences, and the corresponding policy adjustments from 1978 to 1983 are examined. The relative influence of the past policy coupled with the changing balance between the central and local powers in the policy-making process in the...
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