COLIN CARTER Professor of Agricultural and Resource Economics, University of CaliforniaCHENG ENJIANG Researcher, Chinese Economies Research Centre, University of AdelaideFREDERICK W. CROOK Economic Research Service, US Department of AgricultureGUO SHUTIAN former Director, Policy, Reform and Law Department, Ministry of Agriculture, BeijingD.GALE JOHNSON Eliakim Hastings Moore Distinguished Service Professor of Economics, University of ChicagoSONG GUOQING Assistant Professor, China Centre for Economic Research, Peking UniversityTANG RENJIAN Deputy Director, Policy, Reform and Law Department, Ministry of Agriculture, BeijingHARRY X. WU Assistant Professor in Economics, Hong Kong Polytechnic UniversityYANG HONG Assistant Professor, Hong Kong Baptist University

'...cogently examines the considerable challenges facing China's grain marketing system.' - Agra Food Asia

• Acknowledgements List of Figures List of Maps List of Tables Notes on the Contributors List of Abbreviations Introduction; A.Watson & C.Findlay Food and Profit: The Political Economy and Grain Market Reform in China; A.Watson & C.Findlay Grain Purchases and Sales in China: The Evolution from Plan to Market; T.Renjian The Relationship between Grain Prices and Inflation; G.Shutian Grain Demand; H.X.Wu & C.Findlay The Logic of Market Reform: The Development of Wholesale Grain Markets in China; A.Watson Supply of Funds for Grain Purchases in China Since the Middle 1980s; C.Enjiang Self-Sufficiency and Regional Specialization; Y.Hong Inflation and the Real Price of Grain in China; G.Johnson & G.Song The Impact of China's Grain Reserve System on Import Demand; F.W.Crook Institutional Reform and Agricultural Productivity Growth in China; C.Carter The Implications of Grain Market Reform for China's International Grain Trade: An Overview; C.Findlay , A.Watson, C.Enjiang & H.X.Wu Bibliography Index