This book demonstrates how two goals - the substitution of socialist views for embedded traditional values, and the use of China's actual and potential economic surpluses - have together formed the features of China's economic development.

� propos de l?auteur

Dr. Cheng, a native of Guangdong Province, is professor of economics at Ball State University, Muncie, Indiana. He was for ten years consultant to the National Science Foundation, during which time he served as chief investigator with the Research Project on Scientific and Engineering Manpower in China. Among his many books on China's economy are Communist China's Economy, 1949-1962; Economic Relations Between Peking and Moscow; China's Allocation of Fixed Capital Investment; The Machine-Building Industry in Communist China; and China's Petroleum Industry: Output Growth and Export Potential.

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