While the rest of the world was mired in the Great Recession, the economies of Brazil, China, and India stood out for their resilience. Yet these societies did not merely hold their ground. In this volume, leading China scholars from multiple disciplines dissect how China responded to the raging tides of global financial crisis at the macroeconomic level and in key sectors. They also analyze how the efforts to promote economic rebalancing and trade adjustment have affected state-society relations and governance in China. Taken as a whole, this volume reveals much about the dynamics and dilemmas of China's political economy and governance.

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