Table of Contents

1. Just how capitalist is China?; 2. The entrepreneurial decade; 3. A great reversal; 4. What is wrong with Shanghai?; 5. Capitalism with Chinese characteristics.

Promotional Information

Explains why China grew differently in the 1980s than in the 1990s and beyond, and what consequences this has today.

About the Author

Yasheng Huang teaches international management at Sloan School of Management, Massachusetts Institute of Technology. His previous appointments include serving as assistant professor at the University of Michigan, associate professor at Harvard Business School, and consultant to the World Bank. In addition to journal articles, Professor Huang has published Inflation and Investment Controls in China (Cambridge University Press, 1996), FDI in China (1998), and Selling China (Cambridge University Press, 2003). Selling China examined the institutional drivers of foreign direct investment (FDI) in China and was profiled in numerous publications, including the Wall Street Journal, Economist, Businessworld, Le Monde, Economic Times, and Liangwang (Outlook in China). His research on FDI was cited in a number of major government reports on FDI policies and regulations. In collaborative projects with other scholars, Professor Huang is conducting research on engineering education and human capital formation in China and India and on entrepreneurship. Professor Huang is the recipient of the Social Science-MacArthur Foundation Fellowship and the National Fellowship.

Reviews

'The development of the Chinese private sector is a key to the future shape and performance of the Chinese economy. At present, the subject is widely misunderstood. This book does more than any other to clarify the issues and point the way forward.' Christopher Howe, FBA, School of East Asian Studies, University of Sheffield '... important book ... If one wants to understand the policy origins of China's growing divide between rich and poor, urban and rural, one need look no further than this book.' William Kirby, Harvard University 'Sure to generate a lively debate, Professor Huang's study provides a provocative and well-researched challenge to much current thinking on China's economic development.' Susan Rose-Ackerman, Yale Law School '... Capitalism with Chinese Characteristics is both immensely informative and enormously provocative.' Charles Wolf, Jr., Pardee RAND Graduate School