Gradual change has been a hallmark of the Chinese reform experience, and China's success in its sequential approach … Chinese economy has flourished. Growth has averaged nine percent a year, and China is now a trillion dollar economy. China has … this, China remains poor and the reform process unfinished. This book takes its defining theme from Deng Xiaopeng's famous …

China, like other middle income countries, is facing the challenges of the next stage of development as its leaders … China is facing in the transition from middle to high income: the management of inequality. In particular, we explore the … of its population. To meet this goal, we describe two challenges that China faces in the light of rising wage rates and …