China's Economic Development, 1950-2014: Fundamental Changes and Long-Term Prospects is a comprehensive and up-to-date analysis of Chinese economic development from 1950-2014 focusing on current world-wide attention to the economic reform. Chu-yuan Cheng covers a wide range of topics, including the cultural effects and ideological influences on China's economic development; the process of China's transition from a planned to a market economy, leadership changes and the root of the Cultural Revolution; the machine-building industry and scientific and engineering manpower in China; China's new development plans in the twenty-first century and the process and consequence of the "Quiet Revolution"; the international economic relations including the U.S.-China, Sino-Japanese economic relations and access to WTO; economic relations across the Taiwan Strait and the formation of the Greater China Economic Sphere; and the long-term development prospect of the Chinese economy in the twenty-first century and beyond.


Dr. Chu-Yuan Cheng is professor emeritus of economics at Ball State University.