This book presents a comprehensive overview and some economic analysis of China's economic reform experiences, particularly those since the late 1980s. It covers many institutional details of key aspects of the Chinese economy, including fiscal and monetary management, financial sector development, state-enterprise reform, international trade, foreign investment, decentralization and regional development. It is argued in the book that while China has achieved a spectacular growth record over the past twenty years, the country continues to face major challenges in sustaining its growth performance.

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