Tags: Economist.

Steven Ng-Sheong Cheung (traditional Chinese: 張五常; simplified Chinese: 张五常; pinyin: Zhāng Wǔcháng; born December 1 1935) a Hong-Kong-born American economist who specializes in the fields of transaction costs and property rights following the approach of new institutional economics. He achieved his public fame with an economic analysis on China open-door policy after the 1980s.

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