China: Transition to a Market Economy (Studies on Contemporary China)

Author: Joseph C. H. Chai
List Price: $45.00
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ISBN: 0198294301
Publisher: Clarendon Pr (October, 1998)
Sales Rank: 860,716
Average Customer Rating: 5 out of 5

Customer Reviews

Rating: 5 out of 5
Highly Recommended!
China is still an enigma to many business people and investors who wonder about the extent to which the country really will participate in a market economy. This book provides a strong, yet concise, review of the history and results of China's transition from a planned economy to a market economy. Author Joseph C. H. Chai covers the Chinese government's reform efforts across several economic sectors, including agricultural, industrial, financial, trade liberalization and foreign direct investment. The chapter on non-state sector business fully rounds out Chai's portrait of the current state of the Chinese economy. We [...] recommend this fascinating book to anyone who wants a scholarly review of the economic issues facing China before, during and after market economy reforms. The better your knowledge of economics, the more useful this book will be to you, but even so, it will intrigue any reader who has more than a passing interest in China.


Rating: 5 out of 5
A thorough overview of China's economic reform
The research of J.C.H. Chai is best described as solid and thorough. He utilizes a sound methodology to consider "what reforms have been conducted" "why reforms were conducted" "were the reforms effective in acheiving their purpose". This balanced approach is a welcome change to the popular style of writing to force one's own personal viewpoint on the success of China's economic reforms. If you are looking for a sound overview of China's economic reform, then this book is for you.



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