China’s role in global affairs today continues to rise. This book provides an authoritative, comprehensive and detailed overview of contemporary economic developments in China. Key topics include agriculture; the market gradually replacing central planning; the global financial crisis; the reform of state-owned industrial enterprises; the non-state sectors; the 'open-door’ policy (including the WTO, exchange rate policy, and inward and outward direct foreign investment); and China’s economic performance in general. The book continues – and adds to – the overview of developments up to May 2006 which were covered in the author’s China: A Guide to Economic and Political Developments (2006), and is the companion volume to Political Developments in Contemporary China: A Guide (2010) – both published by Routledge.
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