China’s Development and China-US Relations
MIT President Susan Hockfield hails a new era of collaboration between the Institute and China, and Zhou Wenzhong, Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China, discusses the larger relationship between his country and the U.S., particularly in light of the economic crisis enveloping the world.
Global and Domestic Imbalances: Why Rural China is the Key
Contrary to popular thinking, China owes its astonishing economic expansion not to far-sighted government policy but to hundreds of millions of entrepreneurial peasants. Yasheng Huang’s research reveals not only how small-scale rural businesses created China’s miracle but how that nation’s recovery from the global recession and righting the massive East-West trade imbalance depend on this same under-acknowledged sector.