Past and Future of the Chinese Economy

(On the Book by J. Y. Lin Demystifying the Chinese Economy) The article is a review of the book Demystifying the Chinese Economy written by the famous Chinese economist J. Y. Lin. The book is about the China economic decline in the XVIII — beginning of the XX centuries; Lin also analyzes the country’s uneasy path towards market economy. Special attention according to the author should be paid to the success story of socio-economic modernization of People’s Republic of China in the last decades, which Lin explains using the comparative advantages concept.