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Media Contact:
Jason Lim, Marketing Executive
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3 August 2010 - Internationally-renowned economist Professor Gregory C Chow has published his latest book entitled Interpreting China's Economy with World Scientific Publishing.

This book is unique in covering all important topics of the Chinese economy in depth but written in a language understandable to the layman and yet challenging to the expert. Beginning with entrepreneurship that propels the dynamic economic changes in China today, the book is organized into four broad parts to discuss China's economic development, to analyze significant economic issues, to recommend economic policies and to comment on the timely economic issues in the American economy for comparison.

The discussion is original and thought-provoking. It is written by a most distinguished economist who has studied the Chinese economy for thirty years, after making breathtaking contributions to the fields of econometrics, applied economics and dynamic economics and serving as a major adviser to the government of Taiwan during its period of rapid development in the 1960s and 1970s. In the last thirty years, the author has served as a major adviser to the government of China on economic reform and important economic policies and cooperated with the Ministry of Education to introduce and promote the development of modern economics in China, including training hundreds of economists in China and placing many graduate students to pursue doctoral degrees in economics in leading universities in the US and Canada. These graduates now play pivotal roles in China and in the US in academics, business or government institutions. The essays, a culmination of the author's expertise in China over five decades, are being widely read in China. When the author became professor emeritus at Princeton, the University named the Econometric Research Program as the Gregory C Chow Econometric Research Program in his honor.

Commenting on his book, Professor Chow said, "As a product of more than 30 years of my involvement in this field, this book contains the insights that I have gained while doing research and working with academics, entrepreneurs and policy makers in China. It will benefit readers who are interested to know more about China's economy and how it will continue to influence the development of the world economy in the 21st century. "

Interpreting China's Economy is available now at all major bookstores and retails at US$54 for the hardcover and US$28 for the paperback. More information about the book can be found at http://www.worldscibooks.com/eastasianstudies/7859.html.

About World Scientific Publishing Co.

World Scientific Publishing is a leading independent publisher of books and journals for the scholarly, research and professional communities. The company publishes about 500 books annually and more than 120 journals in various fields. World Scientific collaborates with prestigious organisations like the Nobel Foundation, US National Academies Press and its subsidiary, Imperial College Press amongst others, to bring high quality academic and professional content to researchers and academics worldwide. To find out more about World Scientific, please visit www.worldscientific.com.

About Professor Greogory C Chow

Gregory C Chow is Professor of Economics and Class of 1913 Professor of Political Economy, Emeritus, at Princeton University. Educated at Cornell University and the University of Chicago, Prof Chow is a member of the American Philosophical Society and of Academia Sinica and a Fellow of the American Statistical Association and of the Econometric Society. He is the author of 14 books and over 200 articles, specializing in econometrics, dynamic economics, and the Chinese economy, with which he has a long-standing involvement. Prof Chow has served on several committees on Sino-American economic exchanges and has been an adviser to government figures and institutions in China and Taiwan. He is recognized for his contributions to developing and modernizing economics education in China, where he holds honorary posts at nine universities.

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Updated on 10 July 2012