The China paradox : at the front line of economic transformation / Paul G. Clifford.

Format:

Book

Author/Creator:

Clifford, Paul Gilmore, author.

Language:

English

Subjects (All):

China--Economic policy--1976-2000.

China.

Economic development--China.

Economic development.

Physical Description:

1 online resource (318 pages)

Edition:

2nd ed.

Place of Publication:

Berlin ; Boston : Walter de Gruyter GmbH, [2022]

Summary:

In The China Paradox: At the Front Line of Economic Transformation, Harvard University-based historian of modern China and business strategist Dr. Paul G. Clifford documents the twists and turns of China’s dramatic and unforeseen rise over the last four decades. He sheds light on the delicate and fragile balance of forces at the heart of the success of China’s hybrid model, explaining how the ruling Communist Party boldly led the nation’s economic reforms as the surest way to preserve its grip on political power. Five years after this book was first published, much has changed within China and in its relationship with the world. This second edition provides extensive fresh new material. It explains how China has raised its game, moving from a catch-up mode to technological innovation in some areas, while still languishing in technology dependence in other respects. Earlier, China had shown signs that its driving spirit was faltering with its sails flapping. Under Xi Jinping, renewed energy has been injected. But at the same time Xi and his party have strongly reinforced their control across society and the economy, posing the question of whether Xi’s New Era in fact marks a retreat from the reforms. This second edition contains two new chapters. One profiles Huawei, a national champion in advanced technology. Another focuses on China’s frictions with the world which have been fueled by a perception that its technology progress threatens US global dominance, coupled with China’s human rights record. In addition, against a background of the challenges faced by Alibaba and other firms, there is analysis of this watershed in China’s private sector’s autonomy. There is also extensive new insight into Xi Jinping’s rule. As it celebrates its 100th anniversary in 2021, the Chinese Communist Party displays strong optimism over its continued governance of China. But that should not mask the longer-term risks to China’s development and stability if its hybrid model continues to unravel as reforms are abandoned in favor of heightened autocracy.

Contents:

Frontmatter

Advance Praise for The China Paradox, Second Edition

Advance Praise for The China Paradox, First Edition

Acknowledgments

Contents

Preface

Chapter 1 The Hybrid Development Model at the Heart of a Vibrant New China

Chapter 2 Early Attempts at Industrialization: The Empire and the Republic

Chapter 3 The First Decades of the People’s Republic: The Soviet Model . . . and Worse

Chapter 4 Wrongs are Righted, the Reforms Take Shape

Chapter 5 What to Do with the State-Owned Enterprises?

Chapter 6 The Private Economy Emerges Unannounced

Chapter 7 Huawei: A Private Company Becomes a National Champion

Chapter 8 Magnet for Foreign Investment

Chapter 9 Business Models at the Heart of China’s Emergence

Chapter 10 China’s Friction with the World

Chapter 11 What Could Disrupt or Sustain the China Paradox?

Chapter 12 Conclusions

Endnotes

List of Figures

About the Author

Index

Notes:

Description based on print version record.

Includes bibliographical references and index.

Other Format:

Print version: Clifford, Paul G. The China Paradox

ISBN:

3-11-072423-5

OCLC:

1287129270