A (content-wise) interesting thematic history of China, albeit one that shows its age. It's too dry to be a popular history, but does too little to situate itself in within contemporaneous scholarship to be academic.
As its title suggests, Huang's book is a macro-level treatment of Chinese from the Shang dynasty to the post-Mao era. It's written from a geographical-determinist/political-economist perspective--Huang focuses on tax and property regimes, the flow of goods and wealth, and the relationship between central governments and localities across time. He adds in some discussion of elite ideologies, but these are painted in broad strokes, and from all this makes arguments as to why China did not develop as the West did.
The book comes across as very dated. As a whole, it is over-reliant on sweeping generalizations about eras and populations and a teleological, modernization-theory-based reading of history. It's not that the crux of Huang's arguments are uncompelling--his points about why China did not follow the West's trajectory of development I've seen corroborated elsewhere--but it's clear that he holds the West as the model for what progress is and how it's supposed to occur, thereby avoiding discussion of what paths toward modernity non-Western societies could have taken in the West's absence.
Huang's book is hard to follow for the unprepared reader--he bends over backwards to make the physical geography of China more comprehensible to the American reader, but he does not set out his overarching theory in explicit terms. The precise meaning and significance of the "lateral transfers" and "middle echelon" he refers to can be inferred from context, but only with difficulty. I would recommend China: A Macro History for its discussions of governance, political economy, and center-locality relations, as well as its coverage of China from the "Second Empire" (the Tang and Song dynasty) ownards. On matters of culture, intellectual life, and modernization as seen from a more modern, critical perspective, I would turn elsewhere.