Book picks similar to
The Chinese Economy: Transitions and Growth by Barry J. Naughton
china
economics
non-fiction
political-economy
Autumn in the Heavenly Kingdom: China, the West, and the Epic Story of the Taiping Civil War
Stephen R. Platt - 2012
Autumn in the Heavenly Kingdom brims with unforgettable characters and vivid re-creations of massive and often gruesome battles—a sweeping yet intimate portrait of the conflict that shaped the fate of modern China. The story begins in the early 1850s, the waning years of the Qing dynasty, when word spread of a major revolution brewing in the provinces, led by a failed civil servant who claimed to be the son of God and brother of Jesus. The Taiping rebels drew their power from the poor and the disenfranchised, unleashing the ethnic rage of millions of Chinese against their Manchu rulers. This homegrown movement seemed all but unstoppable until Britain and the United States stepped in and threw their support behind the Manchus: after years of massive carnage, all opposition to Qing rule was effectively snuffed out for generations. Stephen R. Platt recounts these events in spellbinding detail, building his story on two fascinating characters with opposing visions for China’s future: the conservative Confucian scholar Zeng Guofan, an accidental general who emerged as the most influential military strategist in China’s modern history; and Hong Rengan, a brilliant Taiping leader whose grand vision of building a modern, industrial, and pro-Western Chinese state ended in tragic failure. This is an essential and enthralling history of the rise and fall of the movement that, a century and a half ago, might have launched China on an entirely different path into the modern world.
Anxious Wealth: Money and Morality Among China's New Rich
John Osburg - 2013
Over the course of more than three years, anthropologist John Osburg accompanied, and in some instances assisted, wealthy Chinese businessmen as they courted clients, partners, and government officials.Drawing on his immersive experiences, Osburg invites readers to join him as he journeys through the new, highly gendered entertainment sites for Chinese businessmen, including karaoke clubs, saunas, and massage parlors—places specifically designed to cater to the desires and enjoyment of elite men. Within these spaces, a masculinization of business is taking place. Osburg details the complex code of behavior that governs businessmen as they go about banqueting, drinking, gambling, bribing, exchanging gifts, and obtaining sexual services.These intricate social networks play a key role in generating business, performing social status, and reconfiguring gender roles. But many entrepreneurs feel trapped by their obligations and moral compromises in this evolving environment. Ultimately, Osburg examines their deep ambivalence about China's future and their own complicity in the major issues of post-Mao Chinese society—corruption, inequality, materialism, and loss of trust.
The Long March: The True History of Communist China's Founding Myth
Sun Shuyun - 2006
Seventy years after the historical march took place, Sun Shuyun set out to retrace the Marchers’ steps and unexpectedly discovered the true history behind the legend. The Long March is the stunning narrative of her extraordinary expedition. The facts are these: in 1934, in the midst of a brutal civil war, the Communist party and its 200,000 soldiers were forced from their bases by Chiang Kaishek and his Nationalist troops. After that, truth and legend begin to blur: led by Mao Zedong, the Communists set off on a strategic retreat to the distant barren north of China, thousands of miles away. Only one in five Marchers reached their destination, where, the legend goes, they gathered strength and returned to launch the new China in the heat of revolution.As Sun Shuyun journeys to remote villages along the Marchers’ route, she interviews the aged survivors and visits little-known local archives. She uncovers shocking stories of starvation, disease, and desertion, of ruthless purges ordered by party leaders, of the mistreatment of women, and of thousands of futile deaths. Many who survived the March report that their suffering continued long after the “triumph” of the revolution, recounting tales of persecution and ostracism that culminated in the horrific years of the Cultural Revolution. What emerges from Sun’s research, her interviews, and her own memories of growing up in China is a moving portrait of China past and present. Sun finds that the forces at work during the days of the revolution—the barren, unforgiving landscape; the unifying power of outside threats from foreign countries; Mao’s brilliant political instincts and his use of terror, propaganda, and ruthless purges to consolidate power and control the population—are the very forces that made China what it is today. The Long March is a gripping retelling of an amazing historical adventure, an eye-opening account of how Mao manipulated the event for his own purposes, and a beautiful document of a country balanced between legend and the truth.
The Boxer Rebellion: The Dramatic Story of China's War on Foreigners that Shook the World in the Summer of 1900
Diana Preston - 1999
Then a new movement-mystical, materialistic, and virulently anti-Christian-began to spread among them like wildfire. The foreigners laughed at the peasants' martial-arts routines and nicknamed them "the Boxers"-never imagining that the group, with the backing of China's empress dowager, would soon terrorize the world...This acclaimed account of the Boxer Rebellion, by an Oxford-trained historian, is an important new addition to every shelf of high-quality, highly accessible history.
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.
Zero Hour: Turn the Greatest Political and Financial Upheaval in Modern History to Your Advantage
Harry S. Dent - 2017
Dent Jr., bestselling author of The Demographic Cliff and The Sale of a Lifetime, predicted the populist wave that has driven the Brexit vote, the election of Donald Trump, and other recent shocks around the world. Now he returns with the definitive guide to protect your investments and prosper in the age of the anti-globalist backlash.The turn of the 2020s will mark an extremely rare convergence of low points for multiple political, economic, and demographic cycles. The result will be a major financial crash and global upheaval that will dwarf the Great Recession of the 2000s—and maybe even the Great Depression of the 1930s. We’re facing the onset of what Dent calls “Economic Winter.” In Zero Hour, he and Andrew Pancholi (author of The Market Timing Report newsletter) explain all of these cycles, which influence everything from currency valuations to election returns, from economic growth rates in Asia to birthrates in Europe. You’ll learn, for instance: • Why the most-hyped technologies of recent years (self-driving cars, artificial intelligence, virtual reality, blockchain) won’t pay off until the 2030s. • Why China may be the biggest bubble in the global economy (and you’d be a fool to invest there). • Why you should invest in the healthcare and pharmaceutical industries, and pull out of real estate and automotive. • Why putting your faith in gold is a bad idea. Fortunately, Zero Hour includes a range of practical strategies to help you turn the upheaval ahead to your advantage, so your family can be prepared and protected.
Moneyland: Why Thieves and Crooks Now Rule the World and How To Take It Back
Oliver Bullough - 2018
He could buy himself a new car or build himself a nice house or give it to his friends and family, but that was about it. If he kept stealing, the money would just pile up in his house until he had no rooms left to put it in, or it was eaten by mice.And then some bankers in London had a bright idea.Join the investigative journalist Oliver Bullough on a journey into Moneyland - the secret country of the lawless, stateless superrich.Learn how the institutions of Europe and the United States have become money-laundering operations, undermining the foundations of Western stability. Discover the true cost of being open for business no matter how corrupt and dangerous the customer. Meet the kleptocrats. Meet their awful children. And find out how heroic activists around the world are fighting back.This is the story of wealth and power in the 21st century. It isn't too late to change it.
The Myth of the Rational Market: Wall Street's Impossible Quest for Predictable Markets
Justin Fox - 2008
The book brings to life the people and ideas that forged modern finance and investing, from the formative days of Wall Street through the Great Depression and into the financial calamity of today. It's a tale that features professors who made and lost fortunes, battled fiercely over ideas, beat the house in blackjack, wrote bestselling books, and played major roles on the world stage. It's also a tale of Wall Street's evolution, the power of the market to generate wealth and wreak havoc, and free market capitalism's war with itself.The efficient market hypothesis--long part of academic folklore but codified in the 1960s at the University of Chicago--has evolved into a powerful myth. It has been the maker and loser of fortunes, the driver of trillions of dollars, the inspiration for index funds and vast new derivatives markets, and the guidepost for thousands of careers. The theory holds that the market is always right, and that the decisions of millions of rational investors, all acting on information to outsmart one another, always provide the best judge of a stock's value. That myth is crumbling.Celebrated journalist and columnist Fox introduces a new wave of economists and scholars who no longer teach that investors are rational or that the markets are always right. Many of them now agree with Yale professor Robert Shiller that the efficient markets theory "represents one of the most remarkable errors in the history of economic thought." Today the theory has given way to counterintuitive hypotheses about human behavior, psychological models of decision making, and the irrationality of the markets. Investors overreact, underreact, and make irrational decisions based on imperfect data. In his landmark treatment of the history of the world's markets, Fox uncovers the new ideas that may come to drive the market in the century ahead.
The Fall and Rise of China
Richard Baum - 2010
Offering multilevel insight into one of the most astounding real-life dramas of modern history, The Fall and Rise of China weaves together the richly diverse developments and sociopolitical currents that created the China we now see in the headlines.As we enter what some are already calling the "Chinese century," the role of China is deeply fundamental to our reading of the direction of world civilization and history. In 48 penetrating lectures, The Fall and Rise of China takes you to the heart of the events behind China's new global presence, leaving you with a clear view of both the story itself and its critical implications for our world.Course Lecture Titles48 Lectures, 30 minutes per lecture 1. The Splendor That Was China, 600–1700 2. Malthus and Manchu Hubris, 1730–1800 3. Barbarians at the Gate, 1800–1860 4. Rural Misery and Rebellion, 1842–1860 5. The Self-Strengthening Movement, 1860–1890 6. Hundred Days of Reform and the Boxer Uprising 7. The End of Empire, 1900–1911 8. The Failed Republic, 1912–1919 9. The Birth of Chinese Communism, 1917–1925 10. Chiang, Mao, and Civil War, 1926–1934 11. The Republican Experiment, 1927–1937 12. "Resist Japan!" 1937–1945 13. Chiang's Last Stand, 1945–1949 14. "The Chinese People Have Stood Up!" 15. Korea, Taiwan, and the Cold War, 1950–1954 16. Socialist Transformation, 1953–1957 17. Cracks in the Monolith, 1957–1958 18. The Great Leap Forward, 1958–1960 19. Demise of the Great Leap Forward, 1959–1962 20. "Never Forget Class Struggle!" 1962–1965 21. "Long Live Chairman Mao!" 1964–1965 22. Mao's Last Revolution Begins, 1965–1966 23. The Children's Crusade, 1966–1967 24. The Storm Subsides, 1968–1969 25. The Sino-Soviet War of Nerves, 1964–1969 26. Nixon, Kissinger, and China, 1969–1972 27. Mao's Deterioration and Death, 1971–1976 28. The Legacy of Mao Zedong—An Appraisal 29. The Post-Mao Interregnum, 1976–1977 30. Hua Guofeng and the Four Modernizations 31. Deng Takes Command, 1978–1979 32. The Historic Third Plenum, 1978 33. The "Normalization" of U.S.-China Relations 34. Deng Consolidates His Power, 1979–1980 35. Socialist Democracy and the Rule of Law 36. Burying Mao, 1981–1983 37. "To Get Rich Is Glorious," 1982–1986 38. The Fault Lines of Reform, 1984–1987 39. The Road to Tiananmen, 1987–1989 40. The Empire Strikes Back, 1989 41. After the Deluge, 1989–1992 42. The "Roaring Nineties," 1992–1999 43. The Rise of Chinese Nationalism, 1993–2001 44. China's Lost Territories—Taiwan, Hong Kong 45. China in the New Millennium, 2000–2008 46. China's Information Revolution 47. "One World, One Dream"—The 2008 Olympics 48. China's Rise—The Sleeping Giant Stirs
Goliath: The 100-Year War Between Monopoly Power and Democracy
Matt Stoller - 2019
A concentration of power, whether in the hands of a military dictator or a JP Morgan, was understood as autocratic and dangerous to individual liberty and democracy. This idea stretched back to the country’s founding. In the 1930s, people observed that the Great Depression was caused by financial concentration in the hands of a few whose misuse of their power induced a financial collapse. They drew on this tradition to craft the New Deal. In Goliath, Matt Stoller explains how authoritarianism and populism have returned to American politics for the first time in eighty years, as the outcome of the 2016 election shook our faith in democratic institutions. It has brought to the fore dangerous forces that many modern Americans never even knew existed. Today’s bitter recriminations and panic represent more than just fear of the future, they reflect a basic confusion about what is happening and the historical backstory that brought us to this moment. The true effects of populism, a shrinking middle class, and concentrated financial wealth are only just beginning to manifest themselves under the current administrations. The lessons of Stoller’s study will only grow more relevant as time passes. Building upon his viral article in The Atlantic, “How the Democrats Killed Their Populist Soul,” Stoller illustrates in rich detail how we arrived at this tenuous moment, and the steps we must take to create a new democracy.
The Souls of China: The Return of Religion After Mao
Ian Johnson - 2017
The Souls of China tells the story of one of the world's great spiritual revivals. Following a century of violent anti-religious campaigns, China is now filled with new temples, churches, and mosques--as well as cults, sects, and politicians trying to harness religion for their own ends. Driving this explosion of faith is uncertainty--over what it means to be Chinese and how to live an ethical life in a country that discarded traditional morality a century ago and is searching for new guideposts.Ian Johnson first visited China in 1984; in the 1990s he helped run a charity to rebuild Daoist temples, and in 2001 he won a Pulitzer Prize for his coverage of the suppression of the Falun Gong spiritual movement. While researching this book, he lived for extended periods with underground church members, rural Daoists, and Buddhist pilgrims. Along the way, he learned esoteric meditation techniques, visited a nonagenarian Confucian sage, and befriended government propagandists as they fashioned a remarkable embrace of traditional values. He has distilled these experiences into a cycle of festivals, births, deaths, detentions, and struggle--a great awakening of faith that is shaping the soul of the world's newest superpower.
The Cambridge Illustrated History of China
Patricia Buckley Ebrey - 1996
In this sumptuously illustrated single-volume history, noted historian Patricia Ebrey traces the origins of Chinese culture from prehistoric times to the present. She follows its development from the rise of Confucianism, Buddhism, and the great imperial dynasties to the Mongol, Manchu, and Western intrusions and the modern communist state. Her scope is phenomenal--embracing Chinese arts, culture, economics, society and its treatment of women, foreign policy, emigration, and politics, including the key uprisings of 1919 and 1989 in Tiananmen Square. Both a comprehensive introduction to an extraordinary civilization, and an expert exploration of the continuities and disjunctures of Chinese history, Professor Ebrey's book has become an indispensable guide to China past and present. Patricia Ebrey is Professor of East Asian Studies and History and the author of Chinese Civilization: A Sourcebook (1993).
The Beautiful Country and the Middle Kingdom: America and China, 1776 to the Present
John Pomfret - 2016
For more than two centuries, American and Chinese statesmen, merchants, missionaries, and adventurers, men and women, have profoundly influenced the fate of these nations. While we tend to think of America's ties with China as starting in 1972 with the visit of President Richard Nixon to China, the patterns—rapturous enchantment followed by angry disillusionment—were set in motion hundreds of years earlier.Drawing on personal letters, diaries, memoirs, government documents, and contemporary news reports, John Pomfret reconstructs the surprising, tragic, and marvelous ways Americans and Chinese have engaged with one another through the centuries. A fascinating and thrilling account, The Beautiful Country and the Middle Kingdom is also an indispensable book for understanding the most important—and often the most perplexing—relationship between any two countries in the world.--us.macmillan.com
Destined for War: Can America and China Escape Thucydides’s Trap?
Graham Allison - 2017
The reason is Thucydides’s Trap, a deadly pattern of structural stress that results when a rising power challenges a ruling one. This phenomenon is as old as history itself. About the Peloponnesian War that devastated ancient Greece, the historian Thucydides explained: “It was the rise of Athens and the fear that this instilled in Sparta that made war inevitable.” Over the past 500 years, these conditions have occurred sixteen times. War broke out in twelve of them. Today, as an unstoppable China approaches an immovable America and both Xi Jinping and Donald Trump promise to make their countries “great again,” the seventeenth case looks grim. Unless China is willing to scale back its ambitions or Washington can accept becoming number two in the Pacific, a trade conflict, cyberattack, or accident at sea could soon escalate into all-out war. In Destined for War, the eminent Harvard scholar Graham Allison explains why Thucydides’s Trap is the best lens for understanding U.S.-China relations in the twenty-first century. Through uncanny historical parallels and war scenarios, he shows how close we are to the unthinkable. Yet, stressing that war is not inevitable, Allison also reveals how clashing powers have kept the peace in the past — and what painful steps the United States and China must take to avoid disaster today.
The Future Is Asian
Parag Khanna - 2019
In the 20th century, it was Americanized. Now, in the 21st century, the world is being Asianized.The “Asian Century” is even bigger than you think. Far greater than just China, the new Asian system taking shape is a multi-civilizational order spanning Saudi Arabia to Japan, Russia to Australia, Turkey to Indonesia—linking five billion people through trade, finance, infrastructure, and diplomatic networks that together represent 40 percent of global GDP. China has taken a lead in building the new Silk Roads across Asia, but it will not lead it alone. Rather, Asia is rapidly returning to the centuries-old patterns of commerce, conflict, and cultural exchange that thrived long before European colonialism and American dominance. Asians will determine their own future—and as they collectively assert their interests around the world, they will determine ours as well. There is no more important region of the world for us to better understand than Asia – and thus we cannot afford to keep getting Asia so wrong. Asia’s complexity has led to common misdiagnoses: Western thinking on Asia conflates the entire region with China, predicts imminent World War III around every corner, and regularly forecasts debt-driven collapse for the region’s major economies. But in reality, the region is experiencing a confident new wave of growth led by younger societies from India to the Philippines, nationalist leaders have put aside territorial disputes in favor of integration, and today’s infrastructure investments are the platform for the next generation of digital innovation. If the nineteenth century featured the Europeanization of the world, and the twentieth century its Americanization, then the twenty-first century is the time of Asianization. From investment portfolios and trade wars to Hollywood movies and university admissions, no aspect of life is immune from Asianization. With America’s tech sector dependent on Asian talent and politicians praising Asia’s glittering cities and efficient governments, Asia is permanently in our nation’s consciousness. We know this will be the Asian century. Now we finally have an accurate picture of what it will look like.