In the first systematic study of its kind, Hua-yu Li tackles one of the most important unresolved mysteries of the early history of the People's Republic of China_the economic policy shift of 1953. As a result of this policy shift, the moderate economic policies of 'New Democracy' were abruptly terminated_much sooner than specified by the official party line_and replaced with a radical Stalinist economic program called the 'general line for socialist transition.' Utilizing the rich archival materials released in China since the mid-1980s and Russian archival information released since the...