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Full Description
This book provides unique insight into the economic system, structures, and policies that define modern China and its position within the changing global economy. It charts China's rise from poor developing country to major power within the global economic system and international politics. The drivers of this change, including the specific nature of the Chinese economy and governance, are discussed to highlight the processes and socio-economic initiatives that have helped China become a global superpower. The book examines in detail all major areas of societal development and policy-making, including the different social fields and everyday behavior, as well as regional, urban, ethnic, cultural, and ecological developments. Particular focus is given to technology, industrial and economic policies, income distribution, and the Belt and Road Initiative.
This book offers a thoughtful guide to how China has evolved from a centrally planned economy towards state-guided growth with a socialist tendency that makes highly effective use of markets. It will be relevant to students and researchers interested in the political economy and the role of China within the global economy.
Contents
1. Introduction: Me, China, and the Chinese.- Part I: Learning to comprehend China ... or a hybrid warfare.- 2. What strikes a China traveler....- 3. Turning tides in the West: From a willingness to learn, to fears, envy, and bashing - and back again?.- 4. Learning to comprehend China means comprehending ourselves.- Part II: From a poor developing country to a leading nation. Structures and processes of social and economic success and robustness.- 5. "A Planned Economy? Oh gosh!" Yes, but different: Where plans are not just election-campaign fakes - The 14th Five-Year Plan (2021-2025): Grand development objectives and mobilizations, the 15th FYP and long-range planning toward 2035, governance reforms and "China Experimentation".- 6. "Economy, Finance, and Money? A state-subsidized economy!" Also different: Economy and finance, technology and skills, the deep structure of robust development - Agile industrial policy, banking, regulation and deregulation, state and "market", cracking down on Big-Tech, real-estate, and finance oligopolies.- 7. "State Ownership? Help!" But different from what you expect: Agile state firms, diverse ownership forms and business models, entrepreneurship and start-ups, and a sharing economy.- 8. "Distribution? Only poor wretches and billionaires!" Income growth and downward redistribution: Poverty elimination, wage increases, tax cuts, purchasing power, and inclusion - A middle-income nation emerging, and pressure on oligopolies and billionaires.- 9. "Labor? Slave work!" Labor and social dynamics: Labor rights and worker activity, social security and health care, migrant workers and "Hukou", social mobilization, women's emancipation, and population policy.- 10. "Places and Housing? Poor villages and monster cities!" Rural catch-up and regional convergence, new cooperation regions, green and livable mega-cities, new forests around new skyscrapers, the network of green cities, accessible public services, local participation and self-governance.- 11. "Ecology? Biggest polluter!" From the dependent work bench of the West to ecological world-champion - Renewable-energy networks, intelligent grids and batteries, new-energy mobility, new forests, reversing desertification, and the "Ant Forest" app, ahead of 2035 goals, improving air and climate for the world, towards an eco-civilization.- 12. "Democracy? Dictatorship!" Anti-corruption, rule of law, privacy protection, and "Credible China" - Internet and everyday behavior.- 13. "A Multiethnic Country? Concentration camps, police state, genocide!" China's nationalities and minorities, self-governed, multicultural, and multi-religious: Free traveling through Tibet or Xinjiang - and the political struggles within and around Taiwan and Hong Kong.- 14. "Peaceful Coexistence, New Diplomacy, and New Silk Roads? New Imperialism!" The other globalization: South-South cooperation in the UN, Shanghai Cooperation Organization+, BRICS+, New Silk Road/BRI, Africa and Latin America, South China Sea and West Pacific military buildup, foreign trade and investment - and a new immigration wave.- Part III: "It's the system, stupid!".- 15. Many construction sites, many building blocks, towards another future: The "Mosaic" and the "System". "China Speed" and "China Experimentation" with a compass.- 16. "What kind of "system"? Communism!" "Turbo capitalism"? "State capitalism"? "Socialist market economy"? Or what? Sorting out the conceptual and analytical confusion.- 17. "I don't know it; I don't need it!" A new and significant kind of socialism for the 21st Century: Different from what we believe, different from anything we knew before, different from what we are told....- 18. Structural problem areas and prospects of the Chinese development.



