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Bestseller
BestsellerE-book
Author Hung, Ho-fung, author.

Title The China boom : why China will not rule the world / Ho-fung Hung.

Publication Info. New York : Columbia University Press, [2016]
©2016

Item Status

Description 1 online resource.
text file
Physical Medium polychrome
Series Contemporary Asia in the world
Contemporary Asia in the world.
Bibliography Includes bibliographical references and index.
Summary Many thought China's rise would fundamentally remake the global order. Yet, much like other developing nations, the Chinese state now finds itself entrenched in a status quo characterized by free trade and American domination. Through a cutting-edge historical, sociological, and political analysis, Ho-fung Hung exposes the competing interests and economic realities that temper the dream of Chinese supremacy-forces that are stymieing growth throughout the global South. Hung focuses on four common misconceptions about China's boom: that China could undermine orthodoxy by offering an alternative model of growth; that China is radically altering power relations between the East and the West; that China is capable of diminishing the global power of the United States; and that the Chinese economy would restore the world's wealth after the 2008 financial crisis. His work reveals how much China depends on the existing order and how the interests of the Chinese elites maintain these ties. Through its perpetuation of the dollar standard and its addiction to U.S. Treasury bonds, China remains bound to the terms of its own prosperity, and its economic practices of exploiting debt bubbles are destined to fail. Dispelling many of the world's fantasies and fears, Hung warns of a postmiracle China that will grow increasingly assertive in attitude while remaining constrained in capability.
Contents Table of Contents ; List of Illustrations and Tables; Preface; Chronology of State Making and Capitalist Development in China, Sixteenth to Twenty-First Centuries; Introduction: Sinomania and Capitalism; Part I. Origins; 1. A Market Without Capitalism, 1650-1850; 2. Primitive Accumulation, 1850-1980; 3. The Capitalist Boom, 1980-2008; Part II. Global Effects, Coming Demise; 4. Rise of the Rest; 5. A Post-American World?; 6. Global Crisis; Conclusion: After the Boom; Notes; References; Index.
Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject Economic development -- China -- History.
Economic development.
China.
History.
Capitalism -- China -- History.
Capitalism.
China -- Economic policy -- 1949-
Economic policy.
Chronological Term 1949-
Subject China -- Foreign economic relations.
International economic relations.
China -- Foreign relations -- 1949-
International relations.
China -- Economic conditions -- 1949-
Economic conditions.
China -- Social conditions -- 1949-
Social conditions.
Chronological Term Since 1949
Genre/Form Electronic books.
History.
Electronic book.
Other Form: Print version: Hung, Ho-fung. China Boom : Why China Will Not Rule the World. New York : Columbia University Press, ©2015 9780231164184
ISBN 9780231540223 (electronic book)
0231540221 (electronic book)
9780231164184
0231164181
Music No. EB00662904 Recorded Books