This is an important book. It focuses on debates over price decontrol within China from around 1978 to around 1989, ending with the tragedy in Tiananmen Square and its aftermath. It is likely to take its place among other canonical histories of Chinese economic reform, such as Robert Hsu's Economic Theories in China, 1979–1988, Chris Bramall's Chinese Economic Development, and Julian Gewirtz's Unlikely Partners: Chinese Reformers, Western Economists, and the Making of Global China. The book should be accessible to a broad audience interested in Chinese economic history. Weber provides enough background on important economic concepts and Chinese economic history to allow nonspecialists to follow an engaging narrative. The book should also be of interest to specialists in Chinese political economy, drawing on over fifty interviews Professor Weber had with important participants in Chinese economic policy debates. The book also draws from some new archival sources.

The...

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