The book systematically demystifies the story of how China was transformed under the leadership of Deng Xiaoping from a poverty-stricken nation to a major world power. Dr. Raj shows how the steps taken by China in the areas of agriculture, industry and services can be useful to other developing countries, including his native India, to provide answers to their pressing economic problems.

Study of China's astounding economic rebound continues to be of great interest to academia and corporates alike. More so, if the study is one that compares India and China. Both China and India had, half-a-century ago, begun their new journey sloughing off the colonial past. While both nations were very poor at that point of time, India had relative advantages to begin with.

In the course of over 50 years, while both countries progressed in good measure, China is way ahead having made significant strides in almost all economic measures. More importantly, China's approach stands vindicated on the final testthat of elimination of poverty. Despite a good deal of economic revival post reform, India is nowhere close to eliminating poverty. Percentage of the population in poverty measured in terms of those earning less than PPP $1 per day, stood at just 6% in the case of China, while for India it was at 36% as of 2004-05.

The book, aptly titled Unravelling the China Miracle _ A Comparative Study with India (1950-2005), reveals various factors that led China to where it is now, in comparison with India. Popular beliefs such as the critical role of FDI, cost advantage of Chinese firms, etc. abound among people as to the causes of China's stupendous economic performance. The author systematically dispels many of these popular beliefs, with the help of a wealth of relevant data juxtaposed with the arguments. A bagful of such surprises await the reader as the reading progresses from one chapter to another.

The Analyst Magazine, Unravelling the China Miracle, Economic Development, Commercial Services Sectors, Chinese Firms, International Markets, Chinas Industry, Special Economic Zones, SEZs, Industrial Sector, Economic Reforms, World Development Indicators Report, Management Consultancy Company, Harvard Business School.