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CHINA’S NEW POLITICAL ECONOMY, by Susumu Yabuki and Stephen M. Harner. Boulder, Colorado: Westview Press, 1999, revised edition, 327 pp., $32.

As a leading Japanese sinologist, Yabuki provides an interesting perspective on the many changes that have taken place in China’s economic, political and social landscape since the days of Mao Zedong. Likewise, Harner, a former diplomat and chief representative of Deutsche Bank AG in Shanghai, draws on a wealth of experience to provide informed analysis of China’s financial markets and fiscal and monetary policy.

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