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  • © 2018

China's Rise in the Age of Globalization

Myth or Reality?

Palgrave Macmillan

Authors:

  • Examines the double effect of globalization on the Chinese economy: stimulates China's export-led growth but inhibits its catch-up. The China model of development can be characterized as 'growth without development'
  • Argues Chinese market Leninism is essentially a crony comprador capitalism
  • Highlights the particular lessons Deng Xiaoping drew from the Tiananmen Incident: no political reform, no appeasing the people, and appeasing the West
  • Suggests China's deep integration approach is in general more a source of global conflict than a contributor to global peace

Part of the book series: Palgrave Studies in Economic History (PEHS)

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Table of contents (8 chapters)

  1. Front Matter

    Pages i-xx
  2. Introduction

    • Jianyong Yue
    Pages 1-49
  3. Chinese Reform and Development in the 1980s

    • Jianyong Yue
    Pages 129-186
  4. The 1990s: Washington Consensus in China?

    • Jianyong Yue
    Pages 209-233
  5. After the WTO: Rise or New Dependency?

    • Jianyong Yue
    Pages 271-331
  6. Conclusion

    • Jianyong Yue
    Pages 333-346
  7. Back Matter

    Pages 347-386

About this book

This book deconstructs a series of myths surrounding China’s economic rise. The first myth is that globalization led directly to China’s rise; the second is that China is another East Asian developmental state; the third that China’s market reform had been implemented in an incremental way; and fourth that China’s ‘resilient authoritarianism’ has been effective in ensuring the country’s economic and political transformation.

Yue argues that the China model is one of ‘crony comprador capitalism’ that has hindered the country’s attempts at economic and political modernity. It is argued that the United States’ strategy of integrating China into the international system is self-defeating in the long run; not because such an approach has created a 'restless empire' capable of challenging US primacy, but because the Chinese 'miracle' has subsequently backfired on the liberal order created after World War Two. Covering the entire reform period from the end of the CulturalRevolution in 1976 to the present day, the author calls for readers to rethink globalization and leave more policy space for China and the developing nations to pursue national development through internal integration, which is more conducive to democratic transition and global peace. 




Reviews

“The goal of this timely book is to analyze the political rationale of the ‘Chinese Economic Miracle’ triggered by Beijing’s access to the global capitalism system after the demise of the Soviet Bloc. … The book should be recommended to students and scholars who are interested in Chinese political economy in the post-Mao period and in addition to studies of the ‘China Model’.” (Xiaoguang Wang, Journal of Chinese Political Science, Vol. 24, 2019)

“A volume that will make for uncomfortable reading for those in both the PRC and western capitals who believe China's rise poses a meaningful challenge to the liberal order. China in this reading is an inward-looking ‘restless empire’ focusing on internal security and continuing ruling its own people the way that is bound to fail in the age of the Internet. Interesting and uncertain times lie ahead!” (Michael Cox, Professor Emeritus at London School of Economics and Political Science; Director of LSE IDEAS, UK)

 “This is a novel and critical examination of China’s rise that challenges received views and reveals the inconsistencies in more conventional accounts. After a forensic re-examination of key chapters of China’s recent economic history that focuses on the domestic political debate, Jianyong Yue questions whether today’s China can commit to Western policy norms and highlights its failure to overcome fundamental economic weaknesses. A must-read for those looking for an alternative view of China’s past and future.” (John Farnell, Academic Visitor at Oxford University China Centre, UK, and Senior Adviser, EU-Asia Centre, Brussels)

 “Insightful, eloquent, and thought-provoking, this book challenges many prevailing but misleading academic and policy interpretations of China’s ascend as a global power, and provides a fresh view to international societies for reconsidering the rise of China and its global implications. Such an analysis is desperately needed but overdue for a long time, now Jianyong Yue has made it.” (Guoguang Wu, Professor of Political Science at University of Victoria, Canada; author of Globalization against Democracy; former adviser to the CCP's party boss Zhao Ziyang on Chinese political reform in the 1980s)

Authors and Affiliations

  • London School of Economics and Political Science, London, United Kingdom

    Jianyong Yue

About the author

Jianyong Yue formerly taught Chinese Politics at King’s College London, UK. His research interests include Chinese politics and political economy, globalization and development, and East Asian international politics.

Bibliographic Information

Buy it now

Buying options

eBook USD 139.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 179.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 179.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access