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China's Economic Development: Institutions, Growth and Imbalances

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Written by distinguished Chinese academics, this book provides a unique and rare insight into the development of the modern Chinese economy.

The authors identify three major factors in the growth of the Chinese economy: economic decentralization and political centralization; the urban-rural divide; and relational society. These are explored in depth via analyses of factors including urban and rural economic development and their political and social foundations, industrial agglomeration, tra...