ABSTRACT
In the completely revised second edition of this highly praised book, Susumu Yabuki, one of Japan's leading China experts, and Stephen M. Harner, A Shanghai-based investment banker, present a comprehensive and accessible analysis of China's 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 China's 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, China's 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 China's 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.
TABLE OF CONTENTS
part One|40 pages
Toward a Basic Understanding of the Chinese Economy
chapter 4|7 pages
The Political System
part Two|109 pages
Some Domestic Economic Problems
chapter 9|10 pages
Environmental Destruction
chapter 11|9 pages
Regional Disparity
part Three|71 pages
State Finances, Financial Institutions and Markets, and Government Institution Reform
chapter 20|4 pages
China’s Stock Markets
part Four|52 pages
Foreign Trade, Foreign Capital, and External Economic Relations