This World Bank report on the Chinese economy is based on the findings of a mission which visited China twice in early 1984 for a period of nine weeks. It is likely to have a considerable impact on the Chinese leadership. It is probably the most detailed and thorough account of the Chinese economy, and Chinese economic reforms, yet published. The conclusion is cautiously optimistic, holding that there is a good chance that China will attain its long-term development objectives. For those who seek more than the superficial accounts of China's new course which fill the Western media, and who are prepared to take the time to digest all the details, this report will be indispensable.