Book Description
Editorial Reviews
Everyone concerned with the future of China in the global economy should carefully consider Lardy's thesis.
Lawrence H. Summers, former US Treasury Secretary and Director of the National Economic Council
Nick Lardy is one of the world's leading experts on the Chinese economy. This book is critical reading for anyone trying to gauge China's economic prospects.
Robert Rubin, former US Treasury Secretary and cochairman of the Council on Foreign Relations
At a time when the new conventional wisdom is that the Chinese dragon is deploying 'state capitalism' to challenge the international market economy, Lardy has mined the data to discover China's real driving engine: its private sector.
Robert B. Zoellick, former World Bank President, US Trade Representative, and US Deputy Secretary of State
Data disclosure: The data underlying this analysis are available here [xlsx].