Statism with Chinese Characteristics

Name: Statism with Chinese Characteristics
Brand: Cambridge University Press
Price: 124.99 AUD
Availability: PreOrder

A History of China's Reforms and Reversals

By: Yasheng Huang

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Hardcover | 29 January 2026

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Hardcover

Hardcover

$124.99

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Available: 29th January 2026

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Statism with Chinese Characteristics offers a fresh perspective on the Chinese economy and its impact on the world. By diving into details and data such as the private nature of rural enterprises, early financial reforms, and the critical role of initial political openness, Yasheng Huang challenges the popular view that credits China's success to a unique blend of government interventions and autocratic governance. Huang shows how China's growth was driven by private entrepreneurship and gradual liberalization, not by infrastructural development, statist finance, and meritocratic autocracy. He confronts assumptions regarding the conventional wisdom about the Chinese economy, explicitly engaging with the policy pivot from the 1980s to the 1990s and infrastructure as a crucial factor behind China's growth. Underscoring the significant role of politics in shaping economic outcomes, this second edition explores the challenges facing the Chinese economy today, emphasizing how political changes dictate economic reforms, rather than the opposite.

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