A political-economic analysis of how China has been able to avoid hyperinflation while maintaining high annual growth rates.

In this book, Yasheng Huang makes a provocative claim: the large absorption of foreign direct investment (FDI) by China is a sign of some substantial weaknesses in the Chinese economy. The primary benefits associated with China's FDI inflows are concerned with the privatization functions supplied by foreign firms, venture capital provisions to credit-constrained private entrepreneurs, and promotion of interregional capital mobility. Huang argues that one should ask why domestic firms cannot supply the same functions. China's partial reforms, while successful in increasing the scope of the market, have so far failed to address many allocative inefficiencies in the Chinese economy.

In Understanding China’s Economic Indicators, leading economist and Wall Street Journal columnist Thomas M. Orlik introduces 35 of China's most significant economic statistics. Orlik explains why each indicator matters, how it is collected and computed, and its impact on equity, commodity, and currency markets. As China has emerged as a central player in the global economy, more and more investors are seeking profitable opportunities there. To choose the right investments, it's crucial to understand China's economic environment–and that means finding, interpreting, and utilizing China's growing base of economic indicators. Orlik helps investors make sense of data on everything from Chinese GDP growth to inflation, unemployment, bond yields, electricity production, and aircraft passenger numbers. He draws on the best information supplied by the Chinese government's statistical agency, ministries, and industry associations, as well as private sources. Each indicator is clearly described, along with a practical discussion of its implications for investors.

This book explains the origins of Chinese land politics and explores how property rights and urban growth strategies differ among Chinese cities.

Based on biographical data on more than 2,500 individuals in China's thirty provincial units from the beginning of the People's Republic in 1949, this is the most comprehensive and systematic treatment of China's provincial leaders ever published. The study presents detailed accounts of four categories of provincial leaders - party secretaries, deputy party secretaries, governors, and vice governors - including age, gender, nationality, hometown, education, party membership, and length of membership. It also traces the careers of these leaders in terms of promotion, demotion, transfer, and retirement. And using sophisticated statistical analysis, it links the political mobility of these leaders to the economic performance of their provincial units.

This is the first book which undertakes a systematic analysis of rent seeking activities in China. Using case studies from across economics sectors the contributors discuss the occurrence of the phenomenon, what range of activities are related to rent seeking practices and, more importantly, how rent seeking shapes political and economic development.

This title was first published in 2002: This study of the Chinese electric power industry examines the ownership and the restructuring of the industry. The reform of the electric power industry is also seen as part of the wider economic development that has been taking place in China, thus providing fresh perspectives on the changes taking place in both the economy and society more generally. Presenting a wealth of extensive research on the subject, the book elucidates the power struggle between political and bureaucratic elite and explains the sensitive and volatile relationship between the central and provincial government against an increasingly complex global background.