A Political Economy of Modern China

The book explores China's transformation from the 1840s, beginning with the influence of global capitalism and culminating in the establishment of the People's Republic in 1949. It details significant events such as the Xinhai Revolution, the rise of warlord factions, and the unification efforts of the Kuomintang. The narrative also covers the impact of the Sino-Japanese War and the subsequent civil war. Since 1978, China has embraced reforms, evolving into a socialist economy with vast investment potential, while also examining Sino-American economic competition.