Capitalism with Chinese Characteristics: Entrepreneurship and the State


Yasheng Huang - 2008
    This is not in dispute. By exactly what mechanism has China managed to grow so fast? There is more room for debate on this question. A widespread view is that private entrepreneurship, financial liberation, and political reforms played a minor role in explaining China's economic takeoff. Based on archival research and survey data, this book offers an alternative view: Private entrepreneurship, facilitated by access to capital and microeconomic flexibility, was at the center of China's takeoff in the 1980s. The political system, then as now, was authoritarian, but it was moving in a liberal direction. China lacked well-specified property rights, but it substantially improved security of proprietors. But given this initial success, how then to explain the substantial distortions in Chinese economy today? The key to getting the China story right is to recognize the existence of two Chinas - an entrepreneurial rural China and a state-controlled urban China. In the 1980s, rural China gained the upper hand, and the result was rapid as well as broad-based growth. In the 1990s, urban China triumphed when the Chinese state reversed many of the productive rural experiments of the previous decade. While this reversal does not show up in the GDP numbers, it shows up in the welfare implications of growth. Since the early 1990s, household income has lagged behind economic growth and the labor share of GDP has fallen. Social performance has deteriorated. The directional liberalism of China in the 1980s and the emerging India miracle today debunk the widespread notion that democracy is automatically anti-growth. As the country marks its 30th anniversary of reforms in 2008, China faces some of its toughest economic challenges and vulnerabilities. The long overdue political reforms are required to improve governance and accountability and to put China on a sustainable path of development.Professor Yasheng Huang teaches political economy international management at the Sloan School of Management, Massachusetts Institute of Technology. He previously held faculty positions at the University of Michigan and at the Harvard Business School and as a consultant at the World Bank. He has published Inflation and Investment Controls in China (1996), FDI in China (1998), and Selling China (2003; Chinese version in 2005). His work on FDI in China has been featured in the Wall Street Journal, the Economist, Bloomberg, Businessworld, Le Monde, Economic and Political Weekly, and Economic Times, as well as in Chinese publications such as Nanfang Zhoumo, Nanfang Dushibao, Economic Observer, Global Entrepreneur, China Entrepreneur, Fortune Weekly, 21st Century Business Herald, Liangwang, and Xinhuanet. In addition to academic journal articles, he has written for Financial Times, Foreign Policy, and New York Times. In collaboration with other scholars, Professor Huang is conducting research on education and human capital in China and India, and non-performing loans, privatization, and entrepreneurship in China. At MIT, Professor Huang runs a "China Lab" and an "India Lab" that help entrepreneurial businesses in China and in India improve their management."Yasheng Huang is an insightful scholar of China's political economy. In this important book, he shows how China's rural economy took off in the 1980s, led by 'township and village enterprises' that were essentially private, only to be ignored in the 1990s by state-led development that focused on urban regions such as Shanghai. The 'Shanghai miracle,' he argues - and as any businessman who has worked there knows - was not the simple triumph of capitalism but of a stronger and more intrusive (and effective) state. If one wants to understand the policy origins of China's growing divide between rich and poor, urban and rural, one need look no further than this book." - William Kirby, Harvard University"Sure to generate a lively debate, Professor Huang's study provides a provocative and well-researched challenge to much current thinking on China's economic development. The widely shared gains of the 1980s have not been matched in more recent years. Danger signs include the stagnation in household incomes, growing inequality and illiteracy, and heightened governance problems. Huang argues that China will not be able to continue to grow unless the benefits of growth are widely shared through fundamental political and legal reforms." - Susan Rose-Ackerman, Yale Law School

The Contest of the Century: The New Era of Competition with China--and How America Can Win


Geoff Dyer - 2014
    The structure of global politics is shifting rapidly. After decades of rising, China has entered a new and critical phase where it seeks to turn its economic heft into global power. In this deeply informed book, Geoff Dyer makes a lucid and convincing argument that China and the United States are now embarking on a great power–style competition that will dominate the century. This contest will take place in every arena: from control of the seas, where China’s new navy is trying to ease the United States out of Asia and reassert its traditional leadership, to rewriting the rules of the global economy, with attempts to turn the renminbi into the predominant international currency, toppling the dominance of the U.S. dollar. And by investing billions to send its media groups overseas, Beijing hopes to shift the global debate about democracy and individual rights. Eyeing the high ground of international politics, China is taking the first steps in an ambitious global agenda. Yet Dyer explains how China will struggle to unseat the United States. China’s new ambitions are provoking intense anxiety, especially in Asia, while America’s global influence has deep roots. If Washington can adjust to a world in which it is no longer dominant but still immensely powerful, it can withstand China’s challenge. With keen insight based on a deep local knowledge—offering the reader visions of coastal Chinese beauty pageants and secret submarine bases, lockstep Beijing military parades and the neon media screens of Xinhua exported to New York City’s Times Square—The Contest of the Century is essential reading at a time of great uncertainty about America’s future, a road map for retaining a central role in the world.

China's Superbank: Debt, Oil and Influence - How China Development Bank Is Rewriting the Rules of Finance


Henry Sanderson - 2012
    Anyone wanting a primer on the secret of China's economic success need look no further than China Development Bank (CDB)--which has displaced the World Bank as the world's biggest development bank, lending billions to countries around the globe to further Chinese policy goals. In "China's World Bank," Bloomberg authors Michael Forsythe and Henry Sanderson outline how the bank is at the center of China's domestic economic growth and how it is helping to expand China's influence in strategically important overseas markets.100 percent owned by the Chinese government, the CDB holds the key to understanding the inner workings of China's state-led economic development model, and its most glaring flaws. The bank is at the center of the country's efforts to build a world-class network of highways, railroads, and power grids, pioneering a lending scheme to local governments that threatens to spawn trillions of yuan in bad loans. It is doling out credit lines by the billions to Chinese solar and wind power makers, threatening to bury global competitors with a flood of cheap products. Another $45 billion in credit has been given to the country's two biggest telecom equipment makers who are using the money to win contracts around the globe, helping fulfill the goal of China's leaders for its leading companies to "go global."Bringing the story of China Development Bank to life by crisscrossing China to investigate the quality of its loans, "China's World Bank" travels the globe, from Africa, where its China-Africa fund is displacing Western lenders in a battle for influence, to the oil fields of Venezuela.Offers a fascinating insight into the China Development Bank (CDB), the driver of China's rapid economic developmentTravels the globe to show how the CDB is helping Chinese businesses "go global"Written by two respected reporters at Bloomberg NewsAs China's influence continues to grow around the world, many people are asking how far it will extend. "China's World Bank" addresses these vital questions, looking at the institution at the heart of this growth.

Why Taiwan Matters: Small Island, Global Powerhouse


Shelley Rigger - 2011
    Shelley Rigger explains how Taiwan became such a key global player, highlighting economic and political breakthroughs so impressive they have been called "miracles." She links these accomplishments to Taiwan's determined society, vibrant culture, and unique history. Drawing on arts, economics, politics, and international relations, Rigger explores Taiwan's importance to China, the United States, and the world. Considering where Taiwan may be headed in its wary standoff with China, she traces how the focus of Taiwan's domestic politics has shifted to a Taiwan-centered strategy. All readers interested in Asia and international affairs, as well as travelers to the region, will find this an accessible and entertaining overview, replete with human interest stories and colorful examples of daily life in Taiwan.

The Best Bar Trivia Book Ever: All You Need for Pub Quiz Domination


Michael O'Neill - 2014
    president's daughter?Brimming with answers to popular questions like these, The Best Bar Trivia Book Ever arms you with the knowledge your team needs to annihilate your bar trivia competition. This must-have guide features hundreds of facts, covering everything from sports and pop culture to history and science, so that you're always ready to deliver the ultimate trivia smackdown. You'll also get all the ins and outs of your favorite event with information on important bar trivia rules, assembling a team, and claiming victories week after week.Whether you're new to the scene or want to dominate at your local bar, this book will help your team outsmart the competition every single week!

. . . and Baby Makes Two: A Novel


Judy Sheehan - 2005
    But that’s before she sees the perfect child. There he sits in his stroller, angelic and beautiful, magnetic and serene– and he makes Jane question everything she has and everything she thought she wanted. Suddenly all she can see are babies and pregnant woman everywhere. Were there always so many of them? And while there was once a man in her life–her one true love, Sam, gone from this world too soon–there is no man now. Jane must make a choice: possibly become a bitter and childless old lady, letting her biological clock tick on ’till menopause, or tend the ache in her heart now, by becoming a single mother. As Jane struggles to make the most important decision of her life, friends and family offer no shortage of opinions. There’s Ray, her “hubstitute” and gay best friend who would be jealous of any kid who got Jane as a mom; Sheila, her sister, who went from zero to sixty when she eloped with Raoul–who had two young twin sons– and has mixed feelings about being a new mommy; her strict, Catholic father who can’ t imagine what level of hell Jane would banish herself to if she becomes a single mother; and the women of Families with Children from China who are preparing to adopt orphan daughters–without a man in sight. Just as she thinks she’s made up her mind, Jane discovers one small wrench in her plans: handsome, charming, funny Peter, who just happens to be (unhappily) married. . . . And Baby Makes Two is a heartbreakingly honest, wonderfully addictive, and funny novel about love and loss, family and friendship. Judy Sheehan, co-creator of the smash hit Tony n’ Tina’s Wedding, has perfectly captured the delights and dilemmas of the scariest job in the world: motherhood.From the Hardcover edition.

Tiger's Heart: The Story of a Modern Chinese Woman


Aisling Juanjuan Shen - 2009
    Book by Shen, Aisling Juanjuan

走得越远,离自己越近 The Farther I Walk, The Closer I Get To Me


Hong Mei - 2014
    Encountering Maoist insurgents in Orissa, performing in a Bollywood production alongside superstar Aamir Khan, befriending India's Hijra community, and being kidnapped - and subsequently arrested - in the Dharavi slums are among her many unique experiences.Written from the unique perspective of a young Chinese woman of the 1980s generation, and heralding the transformative nature of independent travel, Hong's groundbreaking journey and book have been covered extensively in the international media. Husband Tom Carter, the critically acclaimed photographer and author of CHINA: Portrait of a People, adds a wonderful dimension with his numerous beautiful photographs.《走得越远,离自己越近》是中国女孩洪梅与外国男友背包走印度的深度游走纪行。一年之内四进印度,走遍印度东西南北,我和汤姆以最平和的心态接受了一切。有时被瑰美的建筑震撼,有时被当地人的虔诚感染,有时因为突如其来的遭遇饱受冲击,有时又懒散地躺在海滩边晒太阳。前一刻被半大小子戏弄,在孟买贫民窟遭遇绑架,下一刻在恒河边漫步,在红堡遥看泰姬陵,在圣河瓦拉纳西洗涤尘埃。这一村惊叹悬崖上养蜂人勇敢矫健,那一寨遭遇牛尿液酿饮料骇人听闻。这一端凡间生活生机盎然,另一端生命终结古老圣洁。我们拿笔和相机记录下一路的感受,没有什么真知灼见,要的是真实的自己。

The Beijing Consensus: How China’s Authoritarian Model Will Dominate the Twenty-First Century


Stefan Halper - 2010
    China's challenge to the West stems from its transformative brand of capitalism and an entirely different conception of the international community.Taking us on a whirlwind tour of China in the world—from dictators in Africa to oligarchs in Southeast Asia to South American strongmen—Halper demonstrates that China's illiberal vision is rapidly replacing that of the so-called Washington Consensus. Instead of promoting democracy through economic aid, as does the West, China offers no-strings-attached gifts and loans, a policy designed to build a new Beijing Consensus.The autonomy China offers, together with the appeal of its illiberal capitalism, have become the dual engines for the diffusion of power away from the West. The Beijing Consensus is the one book to read to understand this new Great Game in all its complexity.

Speaking of Chinese: A Cultural History of the Chinese Language


Raymond Chang - 1978
    Ranging through history, literature, folklore, linguistics, and sociology, this is a breezy, straightforward primer of surprising breadth.

The China Choice: Why America Should Share Power


Hugh White - 2012
    It is also a crucial question for Australia, affecting our future economy and security.In this essential book, White considers the options for the Asian century.As China's economy grows to become the world's largest, America has three choices: it can compete, share power or concede leadership in Asia. The choice is momentous – as significant for America's future as any it has faced.White controversially argues that America's best option is to share power with China and relinquish its supremacy. As these two behemoths face off across the Pacific, the choice America makes will also have an enormous impact on Australia. The China Choice is an urgent intervention in the China debate and provides a blueprint for a peaceful future.'White brings erudition and a first-rate intellect, without the baggage of prejudice, to analyse the single most important issue that will determine whether Australia lives in a peaceable environment in the years ahead – a must-read.' —Bob Hawke'Hugh White's The China Choice is an exceptionally thoughtful synthesis of the arguments and influences which bear upon the coming shape of the Pacific.' —Paul Keating

Age of Ambition: Chasing Fortune, Truth, and Faith in the New China


Evan Osnos - 2014
    What we don't see is how both powerful and ordinary people are remaking their lives as their country dramatically changes. As the Beijing correspondent for The New Yorker, Evan Osnos was on the ground in China for years, witness to profound political, economic, and cultural upheaval. In Age of Ambition, he describes the greatest collision taking place in that country: the clash between the rise of the individual and the Communist Party's struggle to retain control. He asks probing questions: Why does a government with more success lifting people from poverty than any civilization in history choose to put strict restraints on freedom of expression? Why do millions of young Chinese professionals-fluent in English and devoted to Western pop culture-consider themselves "angry youth," dedicated to resisting the West's influence? How are Chinese from all strata finding meaning after two decades of the relentless pursuit of wealth? Writing with great narrative verve and a keen sense of irony, Osnos follows the moving stories of everyday people and reveals life in the new China to be a battleground between aspiration and authoritarianism, in which only one can prevail.

Wealth and Power: China's Long March to the Twenty-first Century


Orville Schell - 2013
    By examining what they thought and what they did through lively and absorbing portraits, Schell and Delury chart how China made its tortured transformation from a weak, humiliated country under foreign assault to its astonishing rise in the early 21st century. In so doing, they provide us with a deeper and richer understanding of China's present success story.

Little Aunt Crane


Geling Yan - 2008
    As the Chinese move in, the elders of the Japanese settler village of Sakito decide to preserve their honour by killing all the villagers in an act of mass suicide. Only 16-year-old Tatsuru escapes.But Tatsuru's trials have just begun. As she flees, she falls into the hands of human traffickers. She is sold to a wealthy Chinese family, where she becomes Duohe - the clandestine second wife to the only son, and the secret bearer of his children. Against all odds, Duohe forms an unlikely friendship with the first wife Xiaohuan, united by the unshakeable bonds of motherhood and family.Spanning several tumultuous decades of Mao’s rule, Little Aunt Crane is a novel about love, bravery and survival, and how humanity endures in the most unlikely of circumstances.

Encounters with Chinese Writers


Annie Dillard - 1984
    This informative narrative is full of fascinating people: Chinese people, mostly writers, who encounter American writers in various bizarre circumstances in both China and the U.S. There is a toasting scene at a Chinese banquet; a portrait of a bitter, flirtatious diplomat at a dance hall; a formal meeting with Chinese writers; a conversation with an American businessman in a hotel lobby; an evening with long-suffering Chinese intellectuals in their house; a scene in the Beijing foreigners' compound with an excited European journalist; and a scene of unwarranted hilarity at the Beijing Library. In the U.S., there is Allen Ginsberg having a bewildering conversation in Disneyland with a Chinese journalist; there is the lovely and controversial writer Zhang Jie suiting abrupt mood changes to a variety of actions; and there is the fiercely spirited Jiange Zilong singing in a Connecticut dining room, eyes closed. These are real stories told with a warm and lively humor, with a keen eye for paradox, and with fresh insight into the human drama.