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The Myth of Chinese Capitalism

The Worker, the Factory, and the Future of the World

Dexter Roberts

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St Martins Press
04 March 2020
Dexter Roberts lived in Beijing for two decades working as a reporter on economics, business and politics for Bloomberg. In his book, The Myth of Chinese Capitalism, Roberts shows readers the reality behind today's financially-ascendant China and pulls the curtain back on how the Chinese manufacturing machine is actually powered. He focuses on two towns-the village of Binghuacun in the province of Guizhou, one of China's poorest regions, a region that sends the highest proportion of its youth away to become migrants; and Dongguan, China's most infamous factory town located in Guangdong and home to both the largest number of migrant workers and the country's biggest manufacturing base. Within these two towns and the people that move between them, Roberts focuses on the story of the Mo family, former farmers now turned migrant workers who are struggling to make a living in a fast-changing country that relegates one-third of its people to second-class status via household registration, land tenure policies and inequality in education and health care systems. In The Myth of Chinese Capitalism, Dexter Roberts bring to life the problems that China and its people face today as they attempt to overcome a divisive system that poses a serious challenge to the country's future development. In so doing, Roberts paints a boot-on-the-ground cautionary picture of China for a world now held in its financial thrall.
By:   Dexter Roberts
Imprint:   St Martins Press
Country of Publication:   United States
Dimensions:   Height: 242mm,  Width: 165mm,  Spine: 29mm
Weight:   452g
ISBN:   9781250089373
ISBN 10:   1250089379
Pages:   288
Publication Date:   04 March 2020
Audience:   College/higher education ,  Professional and scholarly ,  Primary ,  Undergraduate
Format:   Hardback
Publisher's Status:   Active

Dexter Roberts is a writer, speaker, and analyst on China economics, business and politics. Previously he served as reporter and China bureau chief for Bloomberg Businessweek and was based in Beijing for more than two decades. He has interviewed numerous Chinese and foreign company CEOs, as well as senior government officials, and has reported from all of China's provinces and regions including Tibet and Xinjiang, as well as Hong Kong, Taiwan, Mongolia and North Korea.

Reviews for The Myth of Chinese Capitalism: The Worker, the Factory, and the Future of the World

Roberts has given a well-sourced, thoughtfully reasoned, and cogently-written narrative of the largest migration in human history, as peasants from the countryside moved into cities to fuel the past several decades of China's 'economic miracle.' But now that trade wars are raging and growth rates are slowing, many of these same rural workers are retreating home again. Roberts helps us understand why this could be an even more disruptive tipping point moment not only for China, but the global economy. --Orville Schell, Arthur Ross Director, Center on US-China Relations and co-author of Wealth and Power: China's Long March to the 21st Century


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