"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 … notable also for placing China's economy in interesting comparative contexts, discussing it in relation to other transitional …

China's current account surplus has declined to around a quarter of its pre-crisis peak. While this is a major … reduction in China's external imbalance, it has not been accompanied by a decisive shift toward consumption based growth … of the national economy. The heavy reliance on investment raises questions about how durable the compression in the …

"The book is a key reading which provides a comprehensive and systematic overview of the contemporary Asian economy … and result of these new and complex economic dynamism in Asia. Understanding the Asian economy cannot be achieved without …

Frontmatter -- Advance Praise for The China Paradox, Second Edition -- Advance Praise for The China Paradox, First … China -- Chapter 2 Early Attempts at Industrialization: The Empire and the Republic -- Chapter 3 The First Decades of the … to Do with the State-Owned Enterprises? -- Chapter 6 The Private Economy Emerges Unannounced -- Chapter 7 Huawei: A …