China's New Political Economy

Presenting an analysis of China's political economy, this second edition serves both as an introduction to China's economy and politics for students, and as a desktop reference for organizations and individuals considering doing business in China.

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In the completely revised second edition of this highly praised book, Susumu Yabuki, one of Japans leading China experts, and Stephen M. Harner, a Shanghai-based investment banker, present a comprehensive and accessible analysis of Chinas political economy. The authors insightful explanations are complemented by a wealth of lucid and up-to-date graphs and charts that illustrate the reality of China, as they explain and comment on political, economic, and financial trends.Useful as an introduction to Chinas economy and politics for students, and as a desktop reference volume for corporations, organizations, and individuals considering doing business in China, this unique study fills a genuine gap in the literature. In the completely revised second edition of this highly praised book, Susumu Yabuki, one of Japans leading China experts, and Stephen M. Harner, A Shanghai-based investment banker, present a comprehensive and accessible analysis of Chinas political economy. The authors provide dozens of easy-to-grasp and up-to-date graphs, charts, tables, and maps to illustrate the reality of China, as they explain and comment on political, economic, financial and trade trends.Placing issues in historical perspective, and with a view to trends into the twenty-first century, the authors survey the realities of Chinas area and population, agriculture, energy needs, pollution, industrial structure, township and village enterprises, state-owned enterprise reform, unemployment, economic regions, foreign investment, state finances, fiscal and monetary policy, Chinas financial institutions, foreign financial institutions in China, stock markets, international finance, balance of payments and exchange rate policy, corporate finance, the role of Shanghai, government institution reform, foreign trade, the roles of Hong Kong and Taiwan, U.
S.-China relations, and Japan-China relations. Useful as an introduction to Chinas economics, finance, and politics for students, and as a desktop reference volume for corporations, organizations, and individuals considering doing business in China, this unique study fills a genuine gap in the literature.