PERHAPS A GIFT VOUCHER FOR MUM?: MOTHER'S DAY

Close Notification

Your cart does not contain any items

The China Boom

Why China Will Not Rule the World

Ho-fung Hung (The Johns Hopkins University)

$61.95

Hardback

Not in-store but you can order this
How long will it take?

QTY:

English
Columbia University Press
20 October 2015
Many thought China's rise would fundamentally remake the global order. Yet, much like other developing nations, the Chinese state now finds itself in a status quo characterized by free trade and American domination. Through a cutting-edge historical, sociological, and political analysis, Ho-fung Hung details 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: 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. Hung ultimately warns of a postmiracle China that will grow increasingly assertive in attitude while remaining constrained in capability.

By:  
Imprint:   Columbia University Press
Country of Publication:   United States
Edition:   1
Dimensions:   Height: 229mm,  Width: 152mm,  Spine: 23mm
Weight:   482g
ISBN:   9780231164184
ISBN 10:   0231164181
Series:   Contemporary Asia in the World
Pages:   264
Publication Date:  
Audience:   Professional and scholarly ,  Undergraduate
Format:   Hardback
Publisher's Status:   Active

Ho-fung Hung is Henry M. and Elizabeth P. Wiesenfeld Associate Professor in Political Economy at Johns Hopkins University. He is the author of the award-winning book Protest with Chinese Characteristics: Demonstrations, Riots, and Petitions in the Mid-Qing Dynasty (Columbia, 2011).

Reviews for The China Boom: Why China Will Not Rule the World

This is a very readable and informative manuscript that will be interesting to a wide readership. The great strength of this manuscript is that it shows on many different fronts that the notion of China's rising dominance may be unrealistic, or at least premature. -- Victor Shih, University of California, San Diego Timely and important. Ho-fung Hung's acessible and clear-eyed assessment of China's prospects, rooted both in the longer patterns of China's own history and in global economics, reaches unexpected and reassuring conclusions. A stimulating intellectual journey led by a calm and judicious guide. -- Robert A. Kapp, former President of the U.S.-China Business Council Ho-Fung Hung's important and stimulating book places China's recent economic reforms and development trajectory firmly within its proper historical context, thereby releasing it from triumphalist or defeatist narratives that begin in 1949 or 1978. The China of the past four decades, Hung shows us, is the same China that has wrestled with modernization since the early Qing Dynasty, and has faced the same problems many times before. -- Michael Pettis, Peking University


  • Commended for Honorable Mention - The Asia and Asian America Section Book Award: Transnational 2016

See Also