China has experienced over a quarter century of rapid economic growth, which has had a phenomenal impact on the global economy. Entering into the twenty-first century implies that China has begun a new phase of economic and social development. Yao reviews the economic development history of contemporary China from 1949 to the present, paying special attention to growth, inequality and poverty reduction. A real Chinese economic miracle should have two important features: high income growth and a fair distribution system so that poverty can be eradicated.

Book Information
ISBN 9780415649131
Author Shujie Yao
Format Paperback
Page Count 176
Imprint Routledge
Publisher Taylor & Francis Ltd
Weight(grams) 522g