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China: The Great Transition - From Agrarian Economy to Technological Powerhouse (Hardcover, 1st ed. 2023)
Loot Price: R4,253
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China: The Great Transition - From Agrarian Economy to Technological Powerhouse (Hardcover, 1st ed. 2023)
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This book explores the great transition of China from a subsistence
agrarian economy to a technologically driven economic powerhouse
which reflects the achievements of the hardworking Chinese people.
China continues to grow as the second largest economy of the world
from 2010 onwards. It is going to be the largest economy in the
world by putting US economy behind. The Chinese GDP has increased
of 1,500 times from 1952. This book examines the transformation of
China and its economic growth is neither miraculous nor a product
of market economy. Further, this book states economic development
in China as a product of political pursuit shaped by the Chinese
people led by the Communist Party of China from 1921 onwards. China
is not only the workshop of the world today but also works as the
engine of global economic growth and recovery of crisis ridden
global economy. This book also shows how phenomenal Chinese
economic growth and development led to the significant fall of
poverty in China. This book states that the prosperous transition
in China continues to show features of combined and uneven
development. This is evident as China has largest billionaires, but
many people still live and practice subsistence economy. However,
many Chinese do not have access to clean air, water, sanitation and
dignified sources of livelihoods. This book shows the social,
economic and political inequalities as hindrances to deepening of
democratic and egalitarian development in China. This book states
that the gender gap and widening gap between urban and rural China
are twin serious challenges to progressive transformations in
China. The Chinese state and government are trying to implement
different policies and programmes to overcome these challenges.
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