Between political advantage and market allocation: Guangzhou's private entrepreneurs in market transition

With a careful revisit of the debate on the Market Transition Theory and an originally designed crucial experiment to test the relevant theories through the case of Guangzhou, this study tries to consolidate the theoretical and empirical foundation of the historic market transition period in reforming China, especially regarding the commercialization of bureaucratic power and its interaction with the private and public enterprises sector. Copyright © 2006 American Association of Chinese Studies.