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A detailed chronicle of an era of economic and political change and progress, The Political and Economic History of China (1989-2002) is a must-read series for anyone interested in the history of modern China.
Continuing on from his first series covering the years 1949–1976, and the follow-up detailing the political and economic developments in the People’s Republic of China from 1977 to 1992, Hu Angang returns with a new series looking at modern China’s history. This period saw the political transition from the Reform and Opening-up era under Deng Xiaoping to broader engagement with the world. Hu explains the numerous policy changes that transformed China during this period, as the nation evolved from an isolated and underdeveloped country into a global political and economic power.
Volume 2 chronicles the change from a rural economy to the modern economy for China. As the policies of a soft landing and the reassignment of workers moved forward, the nation’s economy followed suit, with China’s power as a global economy growing.