The China Boom: Why China Will Not Rule the World
Many thought China's rise would fundamentally remake the global order. Yet, much like other developing nations, the Chinese state now finds itself entrenched in a status quo characterized by free trade and American domination. Through a cutting-edge historical, sociological, and political analy...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
New York
Columbia University Press
2015
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Schriftenreihe: | Contemporary Asia in the World
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Schlagworte: | |
Zusammenfassung: | Many thought China's rise would fundamentally remake the global order. Yet, much like other developing nations, the Chinese state now finds itself entrenched in a status quo characterized by free trade and American domination. Through a cutting-edge historical, sociological, and political analysis, Ho-fung Hung exposes the competing interests and economic realities that temper the dream of Chinese supremacyforces that are stymieing growth throughout the global South. Hung focuses on four common misconceptions about China's boom: 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. Dispelling many of the world's fantasies and fears, Hung warns of a postmiracle China that will grow increasingly assertive in attitude while remaining constrained in capability |
Beschreibung: | Description based on publisher supplied metadata and other sources |
Beschreibung: | 1 online resource (259 pages) |
ISBN: | 9780231540223 9780231164184 |
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spelling | Hung, Ho-fung Verfasser aut The China Boom Why China Will Not Rule the World New York Columbia University Press 2015 © 2015 1 online resource (259 pages) txt rdacontent c rdamedia cr rdacarrier Contemporary Asia in the World Description based on publisher supplied metadata and other sources Many thought China's rise would fundamentally remake the global order. Yet, much like other developing nations, the Chinese state now finds itself entrenched in a status quo characterized by free trade and American domination. Through a cutting-edge historical, sociological, and political analysis, Ho-fung Hung exposes the competing interests and economic realities that temper the dream of Chinese supremacyforces that are stymieing growth throughout the global South. Hung focuses on four common misconceptions about China's boom: 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. Dispelling many of the world's fantasies and fears, Hung warns of a postmiracle China that will grow increasingly assertive in attitude while remaining constrained in capability Geschichte 1650-2015 gnd rswk-swf Wirtschaftspolitik (DE-588)4066493-4 gnd rswk-swf Wirtschaftsentwicklung (DE-588)4066438-7 gnd rswk-swf China (DE-588)4009937-4 gnd rswk-swf China (DE-588)4009937-4 g Wirtschaftsentwicklung (DE-588)4066438-7 s Geschichte 1650-2015 z 1\p DE-604 Wirtschaftspolitik (DE-588)4066493-4 s 2\p DE-604 Erscheint auch als Druck-Ausgabe Hung, Ho-fung The China Boom : Why China Will Not Rule the World 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
spellingShingle | Hung, Ho-fung The China Boom Why China Will Not Rule the World Wirtschaftspolitik (DE-588)4066493-4 gnd Wirtschaftsentwicklung (DE-588)4066438-7 gnd |
subject_GND | (DE-588)4066493-4 (DE-588)4066438-7 (DE-588)4009937-4 |
title | The China Boom Why China Will Not Rule the World |
title_auth | The China Boom Why China Will Not Rule the World |
title_exact_search | The China Boom Why China Will Not Rule the World |
title_full | The China Boom Why China Will Not Rule the World |
title_fullStr | The China Boom Why China Will Not Rule the World |
title_full_unstemmed | The China Boom Why China Will Not Rule the World |
title_short | The China Boom |
title_sort | the china boom why china will not rule the world |
title_sub | Why China Will Not Rule the World |
topic | Wirtschaftspolitik (DE-588)4066493-4 gnd Wirtschaftsentwicklung (DE-588)4066438-7 gnd |
topic_facet | Wirtschaftspolitik Wirtschaftsentwicklung China |
work_keys_str_mv | AT hunghofung thechinaboomwhychinawillnotruletheworld |