The astonishing thing to me about China's growth to become the world's second-largest economic superpower, isn't about the speed at which this has gained momentum over the last 30-or-so years, but why it took so long to occur in the first place!
This is given the fact that it has a population of over 1.2 billion - or comfortably over three times that of the USA.
Macro-economics can be a fascinating, often difficult subject and Linda Yuen copes well with all the data at her disposal to examine the reasons behind its huge growth 'spurt' (if a decades-long process can be described as such!), and the reforms it needs to carry out to make sure it continues onwards and upwards. Clearly written by an academic, it is nevertheless lucid and not too difficult a read.
However, how desireable is the economic growth of China to the rest of the world (and it IS very important for the global economy) in an age when it will allow more and more Chinese to be compete for the acquisition of precious, dwindling resources in a finite world?
Read this fascinating, only occasionally dry, account to make an informed decision on this and other important, related issues.