The Arc of the Chinese Economy
Edited by Hanming Fang and Marshall Meyer
Cambridge University Press
To be Published in October 2025
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Table of Contents
List of Contributors
Foreword
1. The Arc of the Chinese Economy: An Overview
Hanming Fang, Marshall Meyer
2. China’s Productivity Challenge
Xiaodong Zhu
3. Innovation in China: Drivers, Challenges, and Future Directions
Kevin Zheng Zhou, Meitong Dong
4. When the Abundance Ends: Economic Transformation, Population Aging, and Shrinking Lifecycle Surplus in China, 2000-2020
Feng Wang, Ke Shen, Yong Cai
5. Derisking Real Estate in China’s Hybrid Economy
Wei Xiong
6. State Ownership in China: An Equity Network Perspective
Jeff Cai, Xian Gu, Linda Zhao, Wu Zhu
7. China’s Journey in Embracing Economic Openness: Four Perspectives
Shang-Jin Wei, Xinding Yu
8. RMB Internalization and Digitization
Bin Wei, Vivian Zhanwei Yue
9. The Political Economy of Common Prosperity
Yasheng Huang
10. The “Summer of 2021” and the Trajectory of China’s Economic System
Barry Naughton
11. China’s Coming Era of Slow Growth
William Overholt
Acknowledgements
