Purpose The purpose of this paper is to review the four large and two small fluctuations in China's economic growth since the reform and opening up, which can be further divided into five periods of economic upturn and six periods of economic downturn. Design/methodology/approach This paper also...

Chapter1. China’s Early Choice of Modernization Path -- Chapter2. Seeking a Chinese Path (1956–1976) -- Chapter3. Legacy of the Mao Era and China’s Modernization -- Chapter4. Dialectics of the Market Economy -- Chapter5. Chinese Democracy -- Chapter6. Chinese New Model of Modernization....