The essays in this volume consider the state of China's economic reforms, the institutional changes necessary for China to become a global economic power, and the interplay between market reforms and social development in China.
This book is an outgrowth of the Cato Institute's June 1997 conferencein Shanghai, "China as a Global Economic Power: MarketReforms in the New Millennium," which was cosponsored withFudan University's Center for American Studies. That conferencewould not have been possible without the generous support of theAtlas Economic Research Foundation, Arthur and Johanna Cinader,Federal Express, William Melton, R. J. Reynolds Tobacco Company,the Starr Foundation, and the Ford Foundation. Their generosity ismuch appreciated.