The Economic Transformation of China

China's decision to speed large-scale industrialization is one of the major developments of our time. It is a most dramatic event considering that three-quarters of China's population is still peasant, only recently emerged from thousands of years of feudal conditions. It is an undertaking of colossal proportions in view of the fact that three short years ago modernized industry represented a mere ten percent of China's production.This article can also be found at the Monthly Review website, where most recent articles are published in full.Click here to purchase a PDF version of this article at the Monthly Review website

Archaeology · Cartography · China · Development economics · Economic history · Economics · Economy · Event (particle physics) · Feudalism · Geography · Industrialisation · Market economy · Peasant · Political science · Population · Scale (ratio) · Sociology · China's Socioeconomic Reforms and Governance · Demography · Economic Zones and Regional Development · History · Law