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One of the most important outcomes of market reforms in China over the past 20 years has been the emergence of a significant domestic private sector, which now

This report aims to take stock of the domestic private sector in China which has emerged over the past twenty years. It is based on surveys and interviews carri

One of the most important outcomes of market reforms in China over the past 20 years has been the emergence of a significant domestic private sector, which now

China's transition to a market economy has propelled its remarkable economic growth since the late 1970s. In this book, Nicholas R. Lardy, one of the world's fo

The Chinese economy is currently undergoing an institutional transformation as profound as the replacement of the people's communes with the household responsib