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Making Capitalism in China

Making Capitalism in China PDF Author: You-tien Hsing
Publisher: Oxford University Press, USA
ISBN: 0195103246
Category : China
Languages : en
Pages : 265

Book Description
Making Capitalism in China: The Taiwan Connection shows that small- and medium-sized Taiwanese investors are organized in production and marketing networks, not vertically integrated conglomerates. When in China they directly negotiate and establish partnerships with entrepreneurial local officials, not the central bureaucracy. Also, they effectively transfer a capitalist ideology of production to Chinese factory workers. Importantly, the investors attribute their business successes in China to the cultural, historical, and linguistic affinities they share with these local agents. Connections regarding socio-cultural identity do more than facilitate business dealings or ease labor relations; Hsing asserts that partnerships between mainland settlements and overseas Chinese investors constitute a local-global coalition of economic reform, one that strengthens local autonomy in China and bypasses the control of the central government. This coalition is nothing short of a new pattern of foreign direct investment, one profoundly influenced by both cultural boundaries (usually deemed insignificant in matters of capital flow and globalization) and local state agents (who operate in this case as crucial business partners). A notable work that will appeal to all students of East Asian economic organization, ethnic business networks, international investment, and the political economy of socialist transition. Hsing's book is based on hundreds of interviews and participatory observations that she conducted between 1991 and 1996 with investors, local officials, and factory workers in Taiwan, Hong Kong, Guangdong, Fujian, and Shanghai.

Making Capitalism in China

Making Capitalism in China PDF Author: You-tien Hsing
Publisher: Oxford University Press, USA
ISBN: 0195103246
Category : China
Languages : en
Pages : 265

Book Description
Making Capitalism in China: The Taiwan Connection shows that small- and medium-sized Taiwanese investors are organized in production and marketing networks, not vertically integrated conglomerates. When in China they directly negotiate and establish partnerships with entrepreneurial local officials, not the central bureaucracy. Also, they effectively transfer a capitalist ideology of production to Chinese factory workers. Importantly, the investors attribute their business successes in China to the cultural, historical, and linguistic affinities they share with these local agents. Connections regarding socio-cultural identity do more than facilitate business dealings or ease labor relations; Hsing asserts that partnerships between mainland settlements and overseas Chinese investors constitute a local-global coalition of economic reform, one that strengthens local autonomy in China and bypasses the control of the central government. This coalition is nothing short of a new pattern of foreign direct investment, one profoundly influenced by both cultural boundaries (usually deemed insignificant in matters of capital flow and globalization) and local state agents (who operate in this case as crucial business partners). A notable work that will appeal to all students of East Asian economic organization, ethnic business networks, international investment, and the political economy of socialist transition. Hsing's book is based on hundreds of interviews and participatory observations that she conducted between 1991 and 1996 with investors, local officials, and factory workers in Taiwan, Hong Kong, Guangdong, Fujian, and Shanghai.

Making Capitalism in Rural China

Making Capitalism in Rural China PDF Author: Michael John Webber
Publisher: Edward Elgar Publishing
ISBN: 0857934104
Category : Business & Economics
Languages : en
Pages : 337

Book Description
This stimulating and challenging book explores the duplicitous nature of development in China. On the positive side, it brings longer and healthier lives; fewer children dead before they are five years old; more comfort and security from famine and disaster; more education; more communication; more travel; less war. But from another, darker perspective, development brings violence to some people – those who are in the way of the new things, those who cannot adapt to the new ways – and it threatens old knowledges, habits and societies as it disrupts old power structures. Michael Webber presents fascinating case studies that demonstrate what these forms of development mean for people who are relatively weak or powerless – those who post-colonial theorists call the subalterns. The cases illustrate how development can change the manner in which people relate to each other and threatens their entire environment. Through this detailed consideration of the impacts of development on the people who live in those places, he examines whether these changes represent the emergence of capitalism or a transition, develops a theory of relationships between economy and daily life and questions the very nature of Chinese capitalism. This multidisciplinary study encompasses the social sciences to provide a coherent view of the forms that development takes in various places within rural China. As such, it will prove a fascinating and thought-provoking read for undergraduates, postgraduate students and researchers within economics, Asian studies, development studies and geography.

The Myth of Chinese Capitalism

The Myth of Chinese Capitalism PDF Author: Dexter Roberts
Publisher: St. Martin's Press
ISBN: 1250089387
Category : Political Science
Languages : en
Pages : 174

Book Description
The untold story of how restrictive policies are preventing China from becoming the world’s largest economy Dexter Roberts lived in Beijing for two decades working as a reporter on economics, business and politics for Bloomberg Businessweek. In The Myth of Chinese Capitalism, Roberts explores the reality behind today’s financially-ascendant China and pulls the curtain back on how the Chinese manufacturing machine is actually powered. He focuses on two places: the village of Binghuacun in the province of Guizhou, one of China’s poorest regions that sends the highest proportion of its youth away to become migrants; and Dongguan, China’s most infamous factory town located in Guangdong, home to both the largest number of migrant workers and the country’s biggest manufacturing base. Within these two towns and the people that move between them, Roberts focuses on the story of the Mo family, former farmers-turned-migrant-workers who are struggling to make a living in a fast-changing country that relegates one-half of its people to second-class status via household registration, land tenure policies and inequality in education and health care systems. In The Myth of Chinese Capitalism, Dexter Roberts brings to life the problems that China and its people face today as they attempt to overcome a divisive system that poses a serious challenge to the country’s future development. In so doing, Roberts paints a boot-on-the-ground cautionary picture of China for a world now held in its financial thrall. Dexter Roberts is an award-winning journalist and a regular commentator on the U.S.-China trade and political relationship. His prior speaking engagements include traditional news media outlets (NPR, Fox News, CNN International) as well as universities and institutes (George Washington University, Council on Foreign Relations, and the Overseas Press Club). He is available for virtual classroom visits to courses that adopt The Myth of Chinese Capitalism. Please contact [email protected] for more information.

How China Became Capitalist

How China Became Capitalist PDF Author: R. Coase
Publisher: Springer
ISBN: 1137019379
Category : Business & Economics
Languages : en
Pages : 256

Book Description
How China Became Capitalist details the extraordinary, and often unanticipated, journey that China has taken over the past thirty five years in transforming itself from a closed agrarian socialist economy to an indomitable economic force in the international arena. The authors revitalise the debate around the rise of the Chinese economy through the use of primary sources, persuasively arguing that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, and that it was 'marginal revolutions' that introduced the market and entrepreneurship back to China. Lessons from the West were guided by the traditional Chinese principle of 'seeking truth from facts'. By turning to capitalism, China re-embraced her own cultural roots. How China Became Capitalist challenges received wisdom about the future of the Chinese economy, warning that while China has enormous potential for further growth, the future is clouded by the government's monopoly of ideas and power. Coase and Wang argue that the development of a market for ideas which has a long and revered tradition in China would be integral in bringing about the Chinese dream of social harmony.

Capitalism with Chinese Characteristics

Capitalism with Chinese Characteristics PDF Author: Yasheng Huang
Publisher: Cambridge University Press
ISBN: 9781139475136
Category : Political Science
Languages : en
Pages : 366

Book Description
Presents a story of two Chinas – an entrepreneurial rural China and a state-controlled urban China. In the 1980s, rural China gained the upper hand. In the 1990s, urban China triumphed. In the 1990s, the Chinese state reversed many of its rural experiments, with long-lasting damage to the economy and society. A weak financial sector, income disparity, rising illiteracy, productivity slowdowns, and reduced personal income growth are the product of the capitalism with Chinese characteristics of the 1990s and beyond. While GDP grew quickly in both decades, the welfare implications of growth differed substantially. The book uses the emerging Indian miracle to debunk the widespread notion that democracy is automatically anti-growth. As the country marked its 30th anniversary of reforms in 2008, China faces some of its toughest economic challenges and substantial vulnerabilities that require fundamental institutional reforms.

Chinese Capitalism and the Modernist Vision

Chinese Capitalism and the Modernist Vision PDF Author: Satyananda J. Gabriel
Publisher: Psychology Press
ISBN: 0415700035
Category : Capitalism
Languages : en
Pages : 206

Book Description
China's economy is now comfortably among the world's elite in terms of size. This book examines the contemporary Chinese economy, focusing on the production, appropriation, and distribution of surplus value.

China's Development

China's Development PDF Author: Michel Aglietta
Publisher: Routledge
ISBN: 0415535026
Category : Business & Economics
Languages : en
Pages : 332

Book Description
Focussing on sustainability, this book explores the future of China in light of the successful reforms undertaken in the last thirty years. It combines Chinese economic history and up-to-date macroeconomic theory in order to show how economic transformations and institutional changes are intertwined in developing capitalism under state sovereignty.

The State of China’s State Capitalism

The State of China’s State Capitalism PDF Author: Juann H. Hung
Publisher: Springer
ISBN: 9811309833
Category : Business & Economics
Languages : en
Pages : 354

Book Description
This book comprises a collection of well-researched essays on selected contemporary economic and finance issues in China, making a timely contribution to the intellectual intercourse regarding the implications of China’s rise. These essays analyze issues related to the state of China’s ecology, real estate market, inbound and outbound FDI, income inequality, etc., and offer analysis on the policy and institutional causes of those issues. Readers will be able to infer their implications for business opportunities in China and the tradeoff / tension between economic growth and social welfare. Moreover, this book introduces an array of data and data sources useful to scholars and practitioners interested in studying the Chinese model of economic growth. This book will be a valuable resource to journalists and scholars trying to gain insight into China’s extraordinary pace of growth in the past three decades.

The Rise of China and the Demise of the Capitalist World Economy

The Rise of China and the Demise of the Capitalist World Economy PDF Author: Minqi Li
Publisher: NYU Press
ISBN: 158367182X
Category : Business & Economics
Languages : en
Pages : 229

Book Description
In recent years, China has become a major actor in the global economy, making a remarkable switch from a planned and egalitarian socialism to a simultaneously wide-open and tightly controlled market economy. Against the establishment wisdom, Minqi Li argues in this provocative and startling book that far from strengthening capitalism, China’s full integration into the world capitalist system will, in fact and in the not too distant future, bring about its demise. The author tells us that historically the spread and growth of capitalist economies has required low wages, taxation, and environmental costs, as well as a hegemonic nation to prevent international competition from eroding these requirements. With the decline of the economic power of the United States, its current hegemonic role will deteriorate and the unprecedented growth of China will so erode the foundations of capital accumulation—by pushing wages and environmental costs up, for example—that the entire capitalist system will be shaken to its core. This is essential reading for those who still believe that there is no alternative.

Red Capitalism

Red Capitalism PDF Author: Carl Walter
Publisher: John Wiley & Sons
ISBN: 1118255135
Category : Business & Economics
Languages : en
Pages : 290

Book Description
The truth behind the rise of China and whether or not it will be able to maintain it How did China transform itself so quickly? In Red Capitalism: The Fragile Financial Foundation of China's Extraordinary Rise, Revised Edition Carl Walter and Fraser Howie go deep inside the Chinese financial machine to illuminate the social and political consequences of the unique business model that propelled China to economic powerhouse status, and question whether this rapid ascension really lives up to its reputation. All eyes are on China, but will it really surpass the U.S. as the world's premier global economy? Walter and Howie aren't so certain, and in this revised and updated edition of Red Capitalism they examine whether or not the 21st century really will belong to China. The specter of a powerful China is haunting the U.S. and other countries suffering from economic decline and this book explores China's next move Packed with new statistics and stories based on recent developments, this new edition updates the outlook on China's future with the most cutting-edge information available Find out how China financed its current position of strength and whether it will be able to maintain its astonishing momentum Indispensable reading for anyone looking to understand the limits that China's past development decisions have imposed on its brilliant future, Red Capitalism is an essential resource for anyone considering China's business strategies in today's extremely challenging global economy.