Abstract -- Introduction -- Key steps taken by China to set off an industrial revolution -- Shedding light on the nature and cause of the industrial revolution -- Why is China's rise unstoppable? -- What's wrong with the Washington consensus and the institutional theories? -- Case study of Yong...

China is undergoing its long-awaited industrial revolution. There is no shortage of commentary and opinion on this dramatic period, but few have attempted to provide a coherent, in-depth, political economic framework that explains the fundamental mechanisms behind China's rapid...