The China Boom

By Ho-fung Hung on March 16, 2015

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 supremacy—forces 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 post-miracle China that will grow increasingly assertive in attitude while remaining constrained in capability. —Columbia University Press

Book Review: 

Andrew J. Nathan, Foreign Affairs (January/February 2016)
Salvatore Babones, Asian Review of Books (January 26, 2016)
Publishers Weekly (November 1, 2015)

East by Southeast

on March 16, 2015

Publication Link: 
Visit the homepage of East by Southeast
Social Links: 

From their website:

The East by Southeast team is made up of scholars, development professionals, logistics experts, environmentalists, green entrepreneurs, and policy makers. We all live and work in the region – some were born here and some are implants. It is in the framework of the wide variety of our opinions that we seek to promote a deeper discussion of regional challenges. Some of us write under pen names to allow discussion to flow freely.

Deutsche Presse-Agentur

on March 16, 2015

Publication Logo Featured: 
Publication Logo Vertical: 
Publication Link: 
Visit the homepage of Deutsche Presse-Agentur
Publication Logo Header: 
Social Links: 

From their website:

The German Press Agency dpa is a trusted, accurate and independent provider of news with the digital and multimedia content to power the media at home and abroad. Our customers benefit from the extensive global network of correspondents and editors maintained by Germany's leading news wire.

News gathering is completely free of outside influence which in turn guarantees that coverage lives up to the strict requirements of the dpa charter: This document lays down that reporting must be free of bias and unfettered by political, economic or governmental ideologies.

Print media, radio stations, online and mobile communication providers in more than 100 countries rely on this journalistic excellence around-the-clock. Among dpa clients are parliaments, governmental and non-governmental organisations as well as businesses and public relations agencies. They all derive news content from the wide range of products and services provided by the dpa group of companies.