The task of economic rebalancing is likely to demand much of the new Xi Jinping–Li Keqiang administration's energy and attention. Rebalancing entails implementation of large changes to fundamental economic policies, such as removing lingering price controls and opening up the closed financial...

This issue of uChinese Economic Studies/u translates an important collection of fundamental articles on Chinese economic planning. These materials, which were intended to provide a basic introduction to the principles and techniques of economic planning being developed during China's First...

This double issue of uChinese Economic Studies/u completes the translation of an important collection of fundamental articles on Chinese economic planning. The articles were originally published in two series of lectures in uChi-hua ching-chi/u (Economic Planning), the official journal of the...

"Had Chairman Mao died in 1956, there would have been no doubt that he was a great leader of the Chinese people, a respected, loved and outstanding great man in the proletarian revolutionary movement of the world. Had he died in 1966, his meritorious achievements would have been somewhat...

China faces major challenges in sustaining its economic growth in a period of weak global recovery, particularly in Europe. In 2009 China's net exports of goods and services dropped precipitously, resulting in a substantial drag on economic growth. To overcome this drag China launched a massive...

The Chinese banking system has improved significantly over the past decade, but in one critical respect, it appears to have regressed. The People's Bank of China controls interest rates in a way that has led to significant financial repression--low and now negative real return on deposits--as...

China's decision to transition away from growth driven by investment and a growing global trade surplus toward one more dependent on domestic consumption is laudable. But to date China's initiatives have been too modest to change its underlying growth dynamic. China's external surplus continues...

Over the past five years China has emerged as the world's largest global surplus economy; indeed by 2007-08 the size of its surplus relative to its GDP was of a magnitude unprecedented for a large trading economy. This development is especially surprising since in the first twenty-five years of...

More than two and a half years have passed since China announced a number of changes to its foreign exchange regime in July 2005. During this period, the debate on the pros and cons of China's exchange rate policy, which had begun in earnest several years earlier, intensified. This important new...

China has emerged as an economic powerhouse (projected to have the largest economy in the world in a little over a decade) and is taking an ever-increasing role on the world stage. China's Rise: Challenges and Opportunities will help the United States and the rest of the world better comprehend...