"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 …

effects of the monetary policies of the US Federal Reserve, the European Central Bank and of the People's Bank of China on the …

interplay between the macro-economic imbalances, notably in the relationship between the USA and China, and the more micro … book. In the disputes about the relative culpability of China and the USA for current macro-economic problems, they tend to …, from the future of the renminbi to that of the United States. They wisely urge that, as China's rise continues, the United …

role of monetary policy -- 5. The post-crisis world -- 6. China's prospects and challenges -- 7. The US external position …