Understanding and Interpreting Chinese Economic Reform

While economic expansion has made China irresistible to foreign investors, there is concern the red-hot Chinese economy could be on the fast track to crash and burn. But according to leading economist Jinglian Wu, the answer isn't slamming on the brakes. It's frequent, mild adjustments. In CHINA FROM THE INSIDE: UNDERSTANDING AND INTERPRETING CHINESE ECONOMIC REFORM, Professor Wu makes a case for prudent tightening-up policies that will gradually slow China's monetary supply and ensure a soft landing for the economy. This fascinating new book offers a rare look from the inside as it provides a complete history and in-depth analysis of Chinese economic reform, from the early Soviet model through to today's liberalized market. It outlines macro-economic policy in the transitional period against the wider context of social justice and political reform, as well as presents a blueprint for economic growth and stability.