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Author
Publisher
Oxford University Press
Pub. Date
©2020.
Language
English
Description
“The Chinese economy appears destined for failure, the financial bubble forever in peril of popping, the real estate sector doomed to collapse, the factories fated for bankruptcy. Banks drowning in bad loans. An urban landscape littered with ghost towns of empty property. Industrial zones stalked by zombie firms. Trade tariffs blocking the path to global markets. And yet, against the odds and against expectations, growth continues, wealth rises,...
Author
Pub. Date
2022.
Language
English
Formats
Description
"Through decades of direct experience of the People's Republic combined with extraordinary access to hundreds of hitherto unseen documents in communist party archives, the author of The People's Trilogy offers a riveting account of China's rise from the disaster of the Cultural Revolution. He takes us inside the country's unprecedented four-decade economic transformation--from rural villages to industrial metropoles and elite party conclaves--that...
Author
Publisher
Harvard University Press
Pub. Date
c2016.
Language
English
Description
"When Deng Xiaoping launched his economic reforms in the late 1970s, he vowed to build "socialism with Chinese characteristics." Three and half decades later, behind its rapid growth and glitzy façade, modernization under one-party rule has spawned a form of rapacious crony capitalism characterized by endemic corruption, an incipient kleptocracy, record income inequality, and high social tensions. This book traces the origin of China's crony capitalism...
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