Tao Wang, chief China economist for UBS Investment Bank in Hong Kong, discusses her new book, Making Sense of China’s Economy (Routledge). She describes market-oriented and land reforms that helped diminish China’s state role in the economy, increased foreign investment, and increased urbanization. “China understands,” she says, “that opening China’s economy, being integrated with the world, has been tremendously beneficial for the economy over the last 40 years.” Show notes and transcript: https://bit.ly/3LCLfkI Dollar & Sense is part of the Brookings Podcast Network. Learn more at brookings.edu/podcasts, and send feedback to podcasts@brookings.edu.