We see industrialization in China the last 150 years as an ongoing process through which firms acquired and deepened … seriously limit benefits. For a latecomer like China, modern industry initially finds its most success in more labor …-intensive products and processes. China's experience shows that government can both support and obstruct this process. Our review of long …

"This comprehensive overview of the modern Chinese economy by a noted expert on China's economic development offers a … both an engaging, broadly focused introduction to China's economy since 1949 and original insights based on his own …-1949 economy and the industrialization, reform, and market transition that have taken place since, the book examines …