This book gives an in-depth and up-to-date insight into China’s economy from a domestic as well an international perspective. The book covers the reform trajectory and performance of China’s economy since Deng Xiaoping kicked-off the reform and opening-up policy in 1978 until the current challenges and economic policies under Xi Jinping including the integration in the world economy.

The analysis is based on empirical evidence and respective data. This enables the reader to take an unprejudiced look on China’s political economy. The book applies fundamental economic concepts...