. Studying 700 manufacturing firms in the Yangzi region, the authors argue that the engine of China’s economic miracle … private enterprise economy. Yet private enterprise in China emerged in spite of impediments set up by the Chinese government …. How did private enterprise overcome these initial obstacles, to become the engine of China’s economic miracle? Where did …

7: Domestic and International Imbalances -- Chapter 8: Summary: Government and Economic Development in China. …This book, a bestseller in China with over a million copies sold, depicts the role played by the Chinese government in … China‘s economic development. It explains how the Chinese government has gradually established and improved market …