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Palgrave Studies in Economic History

China's Rise in the Age of Globalization

Myth or Reality?

Authors: Yue, Jianyong

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  • 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
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eBook $129.00
price for USA (gross)
  • ISBN 978-3-319-63997-0
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $169.00
price for USA
  • ISBN 978-3-319-63996-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $169.99
price for USA
  • ISBN 978-3-319-87694-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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 Cultural Revolution 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. 


About the authors

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.

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)

Table of contents (8 chapters)

Table of contents (8 chapters)
  • Introduction

    Pages 1-49

    Yue, Jianyong

  • Process of China’s WTO Accession: A Questionable Integration

    Pages 51-128

    Yue, Jianyong

  • Chinese Reform and Development in the 1980s

    Pages 129-186

    Yue, Jianyong

  • From Tiananmen to Shenzhen: Transition to Capitalism

    Pages 187-207

    Yue, Jianyong

  • The 1990s: Washington Consensus in China?

    Pages 209-233

    Yue, Jianyong

Buy this book

eBook $129.00
price for USA (gross)
  • ISBN 978-3-319-63997-0
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $169.00
price for USA
  • ISBN 978-3-319-63996-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $169.99
price for USA
  • ISBN 978-3-319-87694-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.

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Bibliographic Information

Bibliographic Information
Book Title
China's Rise in the Age of Globalization
Book Subtitle
Myth or Reality?
Authors
Series Title
Palgrave Studies in Economic History
Copyright
2018
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-3-319-63997-0
DOI
10.1007/978-3-319-63997-0
Hardcover ISBN
978-3-319-63996-3
Softcover ISBN
978-3-319-87694-8
Edition Number
1
Number of Pages
XX, 386
Number of Illustrations
16 b/w illustrations, 6 illustrations in colour
Topics