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"Following Deng Xiaoping's economic reform and opening (Gaige Kaifang) policy, China experienced unprecedented high growth for over three decades. Crucial in the process was the role of Zhu Rongji, who was hand-picked by Deng initially as Executive Vice-Premier and later full Premier to carry through the needed reform and manage the critical marketization process through the turbulent 1990s when China's economy suffered many ups and downs. Dubbed as China's "Economic Czar", Zhu tackled many thorny problems associated with the country's then half-reformed economy ably and effectively, thereby laying the ground for subsequent periods of greater dynamic growth. Zhu was instrumental in preparing China's economy for its final take-off. The chapters in this volume were originally written as "policy briefings" for the Singapore government from 1997 to 2003 when Zhu was Premier. They cover a wide variety of topics including how he had applied his own way of "macroeconomic control" (Hongguan Tiaokong), how he went about reforming taxation, foreign exchange and state-owned enterprises, and finally his embrace of capitalism. Each chapter is preceded by a detailed introduction highlighting the main issues and interpreting them from today's perspective based on updated information and additional new research."--Provided by publisher

Key Features:In-depth discussion on policies introduced by China's new leaders up to the second half of 2005Focus on issues that have aroused great attention, including increasing inequalities, land appropriation, social unrest, health care, the state of financial system, leadership succession, political reform, and China's relations with Southeast AsiaOver a dozen of chapters on individual aspects of China showing a comprehensive and rich picture of a fast-growing and changing ChinaWell-researched work by scholars who have been studying specific issues on China or Asia for years, including known scholars Joseph Fewsmith, K C Fung, Li Cheng, Zhao Quansheng, and Zheng YongnianContributions from China scholars from different disciplinesRegional background of authors (Singapore, the US, Australia, South Korea, Hong Kong, Taiwan, and mainland China) a diverse yet balanced view of China.