Capitalizing China

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Key item features

Title Context: Capitalizing China
Primary Contributor: Joseph P. H. Fan, Randall Morck
System ISBN Index: 9780226237244
Language Presentation: English (US Standard)
Page Manifest Extent: Standard Printing Edition Count pages

Description

China's economic boom over the last two decades has taken many analysts by surprise, given the ongoing role of central government planning. Its current growth trajectory suggests that the size of its economy could soon surpass that of the United States. Some argue that continued growth and the expanding middle class will ultimately exert pressure on the government to bring about greater openness of the financial market. To better understand China's recent economic performance, this volume examines the distinctive system it has developed: market socialism with Chinese characteristics.