Product Description: This book presents empirical observations and theoretical thinking of the fundamental changes in the Chinese economy. It starts with a warning of the arrival of the Lewis Turning Point, which is empirically proven by disappearance of surplus labor force and a rapid increase in wages of unskilled workers...read more

Product Description: As with most developing countries, agriculture and rural economy play an important role in China's national economy as farmers comprise a substantial portion of the labor force. In Rural Reform in China, Cai Fang, Wang De-wen, and Du Yang present the methods that China has employed to tackle the three rural problems, thereby giving valuable insights into the theory and practice of development economics and development policies...read more