Book Review: The Chinese Economy: Transitions and Growth

I have been reading The Chinese Economy: Transitions and Growth by Barry Naughton. It seems to be a nicely balanced objective survey of the Chinese economy covering both its evolution, especially since the key dates of 1949 (founding of the PRC) and 1978 (beginning of liberalization). As the author writes, most commentators seem to either over- or under- estimate China. And as other commenters on