Yeo, Yukyung (2020). Varieties of State Regulation: How China Regulates Its Socialist Market Economy. Cambridge (MA) and London: Harvard University Press.
GB : Blackwell Publishing
207 - 209 p.
The book review based on Varieties of State Regulation: How China Regulates Its Socialist Market Economy resumes the main findings of the book and presents several suggestions. The book by Professor Yukyung Yeo points out the particularity in the regulation practices of China. Navigating between the neoliberal and statist approaches which have been developed in industrialized countries, Yeo advances and tests the market-instutitonal approach which has been proven very robust for making sense of the regulatory practices in contemporary China. However, the sectors that the author has researched into -- automobile and telecommunications -- are examined through an economic lens. The political dimension of the regulation -- which is increasingly important for Chinese leaders -- could have been developed in greater detail.