Demystifying the Chinese Economy
- Description:
- Impressions:
Justin Yifu Lin’s Demystifying China’s Economy (new edition) provides a timely and authoritative analysis of China’s development path amid accelerating global transformations. Lin explains how China’s gradual reform strategy, industrial policies, and innovation-driven growth model have supported sustained expansion while avoiding the pitfalls of radical “shock therapy.” The updated edition highlights contemporary challenges: shifting global supply chains, rising protectionism, demographic pressures, and the pursuit of national rejuvenation. By integrating economic theory with practical policy experience, Lin presents China’s modernization not only as an economic achievement but also as a strategic response to a turbulent international environment. This work serves as both a scholarly text and a policy roadmap, essential for understanding China’s next phase of economic development.
