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China's Unfinished Economic Revolution
China's Unfinished Economic Revolution offers a fundamentally different interpretation of China's economic reform. The common view that China's gradualistic approach has served it well overlooks the fact that state-owned banks for the last two decades have channeled a large share of sharply rising household savings into what are mostly unreformed, money-losing companies. T ...more
Paperback, 342 pages
Published July 1st 1998 by Brookings Institution Press
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