A noted Chinese economist examines the mechanisms behind China's economic reforms, arguing that universal principles and specific implementations are equally im

China's extraordinarily rapid economic growth since 1978, driven by market-oriented reforms, has set world records and continued unabated, despite predictions o

" In 1978, China launched economic reforms that have resulted in one of history’s most dramatic national transformations. The reforms removed bureaucratic obs

The transition from a planned to a market economy that began in China in the late 1970s unleashed an extraordinary series of changes, including increases in pri

Why investment and financial reform are essential to China's continued economic well-being Although China's economy has grown spectacularly over the last twenty