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China's Economic Development: Decoding and Reframing its Rise

China's Economic Development: Decoding and Reframing its Rise

Paperback

Series: Routledge Research on Asian Development

Business GeneralEconomics

ISBN10: 1032382538
ISBN13: 9781032382531
Publisher: Routledge
Published: Dec 26 2025
Pages: 232
Weight: 0.78
Height: 0.53 Width: 6.14 Depth: 9.21
Language: English

Through a rigorous examination of China's rise, Lee addresses an important question--Did China catch up? Or more specifically, can growth be automatically translated to catching up with the advanced industrialised countries or has it only allowed limited progress (if any) to be made?

To answer these queries and the broader question of the possibility of the Global South converging with the Global North, four development theories are utilised, with competing explanations, to uncover the complexity and multifaceted development of China. This includes whether China really has a unique developmental model to offer. Positioning China within the global economy, this book traces its developmental progress over time as well as its progress relative to other countries. To understand whether the Chinese political economy is socialist (or not), Lee moves away from the orthodox definition of socialism and instead examines the official narrative of Socialism with Chinese Characteristics. Lastly, this book argues that though China is catching up, challenges that could potentially block China's progress for a full catch-up are to be anticipated.

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