The future success of China's rapidly growing economy remains uncertain. This book analyzes official documents, data and current writings of recognized academicians investigating China's experience with systemic restructuring. After three decades of reign, Mao left China a stru…
After three decades of reign, Mao left China a structurally rigid and functionally inefficient economy. The imperative for systemic transformation was self-evident. By 2009, China's nominal GDP reached $4.9 trillion. Its 2010 foreign reserve is in excess of $2.4 trillion. China …