This book examines Chinaâs economic development from the end of 1970s, integrating perspectives from law, economics and political science. Particular attention is given to the role of formal law and political changes in Chinaâs development, presenting the argument that formal law has made a useful contribution to Chinaâs economic development. Chapters explore the relationship between democracy and mechanisms of property rights protection, financial market, rule of law, and human capital accumulation. The author goes on to examine the persistence of authoritarianism, democracy and economic development and the concept of deliberative democracy. This book concludes with a look at future options for China, from political, economic and rule of law perspectives. The book considers Chinaâs current political regime and analyzes the likely political and constitutional law reforms that are not only conducive to Chinaâs economic development but also beneficial to the enhancement of freedom. Some knowledge of the Chinese legal system, economy, and political institutions is assumed, making this book valuable to those requiring a deeper understanding of the subject. The book will appeal to legal scholars and lawyers requiring an understanding of the impact of the Chinese legal system on Chinaâs economic and political development and to scholars and students in political science and economics with an interest in Chinaâs institutional change. Policy makers and administrators with an interest in policy and law making in China will also find this book valuable.