Making Sense of China's Economy
eBook - ePub

Making Sense of China's Economy

Tao Wang

  1. 294 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

Making Sense of China's Economy

Tao Wang

Book details
Table of contents

About This Book

For years, China's transformation from one of the world's poorest nations was lauded as a triumph that lifted hundreds of millions of people out of poverty. There were always questions about data reliability and growth sustainability, but the general views on China have recently taken a decidedly sour turn. Concerns abound about state interference in the economy, an ageing population, and high debt level. Making Sense of China's Economy untangles China's complex economic structure, evolving issues and curious contradictions, and explains some key features of this most puzzling of global economic powerhouses.

This book reveals how factors such as demographics, the initial stage of development in 1978, the transition away from full state ownership and central planning, the dual urban-rural society, and a decentralised governance structure have combined to shape the economy, its development and its reforms. It shows how the pragmatic and adaptive nature of China's policymaking upends familiar perspectives and hinders simple cross-country comparisons. The book also explores crucial topics including the property market, debt accumulation and environmental challenges.

In this book, Tao Wang innovatively weaves the multiple strands of China's economy into a holistic and organic tapestry that gives us unique insights from both a Chinese and an international perspective.

This book is critical reading for business leaders, investors, policymakers, students, and anyone else hoping to understand China's economy and its future evolution and impact, written by a specialist who has studied the country from both inside and out.

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Table of contents

  1. Cover Page
  2. Half Title page
  3. Title Page
  4. Copyright Page
  5. Contents
  6. Figures
  7. Acknowledgement
  8. Introduction
  9. 1 China’s economy: The ever-changing puzzle
  10. 2 The evolving economic structure
  11. 3 The road to here: Key reforms since 1978
  12. 4 The state versus the market
  13. 5 How does economic policy work in China?
  14. 6 Urbanisation and the urban–rural divide
  15. 7 The property market and local-government finance
  16. 8 The slow move towards a consumer economy
  17. 9 How serious is the debt problem?
  18. 10 The environment, public health and the government management challenge
  19. 11 China and the world
  20. 12 Can China sustain its economic development?
  21. Appendix A Availability and reliability of China’s economic statistics
  22. Bibliography
  23. Index
Citation styles for Making Sense of China's Economy

APA 6 Citation

Wang, T. (2023). Making Sense of China’s Economy (1st ed.). Routledge. Retrieved from (Original work published 2023)

Chicago Citation

Wang, Tao. (2023) 2023. Making Sense of China’s Economy. 1st ed. Routledge.

Harvard Citation

Wang, T. (2023) Making Sense of China’s Economy. 1st edn. Routledge. Available at: (Accessed: 21 June 2024).

MLA 7 Citation

Wang, Tao. Making Sense of China’s Economy. 1st ed. Routledge, 2023. Web. 21 June 2024.