China's Economy : What Everyone Needs to Know (R)

China's Economy : What Everyone Needs to Know (R)


China is on track to exceed the United States as the world's largest economy in the next several years. It is already the leading global trading nation. Even though its growth rate has recently slowed from years past, China has had the fastest yearly growth rate of any country for much of the last three decades.

In China's Economy: What Everyone Needs to Know, Arthur Kroeber offers an overview of the highlights of China's development since economic reforms were initiated under Deng Xiaoping in 1979. He argues that manufacturing, agricultural change, and construction reoriented the economy in the 1980s and 1990s through state-owned enterprises, private entrepreneurship, and foreign investment. Those shifts unleashed perhaps the largest migration ever in world history from rural areas to urban
centers, accompanied by a no less unprecedented expansion of infrastructure. Changes in the country's fiscal and financial systems vastly increased China's monetary holdings from the 1990s onwards, leading to the country's strategic holding of more U.S. debt than any other nation. Kroeber also examines
economic growth as it has been experienced by Chinese workers and consumers, including the mounting problems of income and wealth inequality, corruption, and environmental degradation. Kroeber ultimately turns to the consequences of Chinese economic growth: its decisive impact on the world economy, its visible and challenging resource extraction from Africa and Latin America, and its increasing engagement with global economic institutions.

Similar Books

ISBN 10: 1847941494
ISBN 13: 9781847941497

23 Mar 2017
Chris Voss

ISBN 10: 0141975555
ISBN 13: 9780141975559

03 Jan 2013
Richard McGregor

ISBN 10: 1847941249
ISBN 13: 9781847941244

12 Mar 2015
Timothy Geithner

ISBN 10: 0143118005
ISBN 13: 9780143118008

28 Aug 2012
Martin Jacques

ISBN 10: 0198753705
ISBN 13: 9780198753704

01 Apr 2016
Rana Mitter

ISBN 10: 0190630035
ISBN 13: 9780190630034

31 Aug 2017
Yukon Huang

ISBN 10: 071564551X
ISBN 13: 9780715645512

15 Aug 2013
Yu Hua

ISBN 10: 1250081343
ISBN 13: 9781250081346

18 Mar 2016
Michael Pillsbury

ISBN 10: 1842439685
ISBN 13: 9781842439685

01 Sep 2013
Gordon Kerr

ISBN 10: 019005655X
ISBN 13: 9780190056551

14 Nov 2019
Elizabeth C. Economy

ISBN 10: 1626723214
ISBN 13: 9781626723214

09 Feb 2018
Pat Zietlow Miller

ISBN 10: 0007590288
ISBN 13: 9780007590285

07 Apr 2016
Tim Clissold