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Economic Development of Communist China. By Choh-Ming Li. Berkeley: University of California Press, 1959. xvi, 284. Tables, Index. $7.50

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Economic Development of Communist China. By Choh-Ming Li. Berkeley: University of California Press, 1959. xvi, 284. Tables, Index. $7.50

Published online by Cambridge University Press:  23 March 2011

Richard Moorsteen
Richard Moorsteen
Affiliation:
The RAND Corporation
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Information
The Journal of Asian Studies , Volume 19 , Issue 2 , February 1960 , pp. 194 - 197
Copyright
Copyright © The Association for Asian Studies, Inc. 1960

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References

1 Hsin-hua pan-yueh-t'an, 1956, no. 17, p. 42.

2 The First Five Year Plan, p. 31, gives the investment in the “projects designed with Soviet help” as 11,000 million yuan, that in the additional projects required to support the Soviet-aided projects as 1,800 million yuan, and states that the sum of these, 12,800 million yuan, is 51.5% of the total of 24,850 million yuan to be invested during the five years in all industry. From this, it concludes “we are concentrating the major share of our investment to assure the building of the projects designed with Soviet aid and the supporting projects.” Is it likely that the drafters of the plan have summed the imported component alone of the Soviet-aid projects with the domestic costs of the supplementary projects in order to illustrate this point?