The real story of the China miracle

Sharmila Kantha  August 11, 2016 Last Updated at 21:30 IST

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CHINA'S ECONOMY What Everyone Needs to Know Arthur R Kroeber Oxford University Press; 319 pages; $16.95 In 1990, the per capita incomes of the world's two most populous countries were level. Since then, India has watched with growing interest how its larger neighbour - with which it has fought an unforgettable war - pulled away with a double-digit growth rate to become the world's largest economy in purchasing power parity terms, the largest manufacturing and trading nation, and second-largest global investor. As we grappled with our own economic reforms process in a raucous ...

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The real story of the China miracle