X

Sign Up




READARA
Close
My Book Shelf
My Favorite Books
The Myth of Chinese Capitalism: The Worker, The Factory, and The Future of The World
Loader
The Myth of Chinese Capitalism: The Worker, The Factory, and The Future of The World

Rating

NA

Reviews

NA

The Myth Of Chinese Capitalism: The Worker, The Factory, And The Future Of The World

The untold story of how restrictive policies are preventing China from becoming the world’s largest economy Dexter Roberts lived in Beijing for two decades working as a reporter on economics, business and politics for Bloomberg Businessweek. In The Myth of Chinese Capitalism, Roberts explores the reality behind today’s financially-ascendant China and pulls the curtain back on how the Chinese manufacturing machine is actually powered. He focuses on two places: the village of Binghuacun in the province of Guizhou, one of China’s poorest regions that sends the highest proportion of its youth away to become migrants; and Dongguan, China’s most infamous factory town located in Guangdong, home to both the largest number of migrant workers and the country’s biggest manufacturing base. Within these two towns and the people that move between them, Roberts focuses on the story of the Mo family, former farmers-turned-migrant-workers who are struggling to make a living in a fast-changing country that relegates one-half of its people to second-class status via household registration, land tenure policies and inequality in education and health care systems. In The Myth of Chinese Capitalism, Dexter Roberts brings to life the problems that China and its people face today as they attempt to overcome a divisive system that poses a serious challenge to the country’s future development. In so doing, Roberts paints a boot-on-the-ground cautionary picture of China for a world now held in its financial thrall.

St. Martins Press

St. Martins Press

Dexter Roberts

Dexter Roberts

No of Pages
288
Publisher
St. Martins Press
ISBN-13
9781250089373
Awards
None
Book Format
Hardcover
Published Date
Mar 10, 2020

Circles

Not in any circle

Book Journey

Reviews [0]

Likes [0]

Recommends [0]

Bookshelf [0]

Author InterviewInterview with Dexter Roberts 

Interview Date : Jun 9, 2020

Please sign up to listen to the full interview of at least 40 min.

Interview Summary

While gleaming towers, high speed trains and expressways of urban China are well known, there is another China that most of us know very little about. In the last three decades, the rural interior of China has seen a mass exodus of people as factories in coastal regions promise a dream of rising wages and prosperity.

Author Dexter Roberts offers a rare view of how the rural China is affected by this mass exodus in The Myth of Chinese Capitalism. With the help of several interviews with migrant workers, business owners, labor activists and policymakers, the veteran China journalist provides valuable insights into how Beijing policies are impacting urban and rural families differently.

China’s rapid rise to “factory of the world” status is driven by the willingness of farmers to abandon farming and move to urban areas in search of higher income and better life. However, China’s hukou policy has created a two-tier system and prevents migrants from setting roots and forming families in urban areas. Even after working for more than three decades, as many as 400 million workers are still migrants and cannot settle down in prospering cities, finding it also difficult to return home.

As the availability of cheap factory workers in China begins to shrink, Beijing policy makers are forcefully advancing rapid factory automation to preserve economic growth rate. However, the rapid “robot adoption” is coming at the same as more and more foreign companies are leaving China, forcing migrant workers into low-skill service jobs.

There are several myths surrounding the Chinese economy and the book deals with a few of them head on. The middle class in China will keep expanding; migrants will return to the countryside and spark the service economy boom; economic reforms will soon be followed by political reforms; and China is all equipped to avoid Japanese-style economic stagnation.

China is facing not only the middle-income trap but also the rapidly slowing economy, dramatic income and wealth inequality, a sharp decline in birth rate and extraordinary debt burden. Despite the best efforts of the government, the Chinese economy is likely to slump into years of stagnation similar to the one faced by neighboring Japan, once the factory to the world.

Key Topics

  • How have China’s top-down policy directives created the world’s largest migrant population?
  • Who are China's migrant workers and why are they not able to settle down?
  • How does China’s hukou policy facilitate rapid economic expansion but also alienate migrants?
  • +

Table of Contents

No data Found

About Dexter Roberts

Dexter Tiff Roberts is an award-winning journalist serving as a Nonresident Senior Fellow in the Atlantic Council's Asia Security Initiative and a Fellow at the University of Montana's Maureen and Mike Mansfield Center. He is a regular commentator on the U.S.-China trade and political relationship. Previously he was China bureau chief and Asia News Editor at Bloomberg Businessweek, based in Beijing for more than two decades. He has reported from all of China's provinces and regions including Tibet and Xinjiang, covering the rise of companies and entrepreneurs, manufacturing and migrants, demography and civil society. He has also reported from North Korea, Mongolia and Cambodia, on China's growing economic and political influence. His recent reporting has focused on how legacy policies from China's past, including its household registration system, are leading to growing inequality and social tension, and are holding back the country's development.

Roberts has won numerous journalism honors, including Overseas Press Club awards, the Sidney Hillman Foundation prize, Human Rights Press awards, and Society of Publishers in Asia editorial excellence awards. He has a bachelor's degree in political science from Stanford University, where he was a National Merit Scholar, and a master of international affairs focusing on China and journalism from Columbia University, where he was a recipient of the New York Financial Writers Association Scholarship. He is fluent in Mandarin Chinese and studied at National Taiwan Normal University's Mandarin Training Center in Taipei, Taiwan.

Other Books by Author

No Books Available

More Politics & Government Related Books

uploads/book/medium/1621572676_medium.jpg
Adios, America
Adios, America
Author :
Ann Coulter
Publisher :
Regnery Publishing
Published Date :
Jun 1, 2015
No of Pages :
400
Book Format :
Hardcover
Category :
Politics & Government
uploads/book/medium/0385353405_medium.jpg
The Quartet: Orchestrating the Second American Revolution, 1783-1789
The Quartet: Orchestrating the Second American Revolution, 1783-1789
Author :
Joseph J. Ellis
Publisher :
Knopf
Published Date :
May 12, 2015
No of Pages :
320
Book Format :
Hardcover
Category :
Politics & Government
uploads/book/medium/1591847478_medium.jpg
Superpower: Three Choices for America's Role in the World
Superpower: Three Choices for America's Role in the World
Author :
Ian Bremmer
Publisher :
Portfolio
Published Date :
May 19, 2015
No of Pages :
240
Book Format :
Hardcover
Category :
Politics & Government
uploads/book/medium/038534919X_medium.jpg
Things That Matter: Three Decades of Passions, Pastimes, and Politics
Things That Matter: Three Decades of Passions, Pastimes, and Politics
Author :
Charles Krauthammer
Publisher :
Crown Forum
Published Date :
May 12, 2015
No of Pages :
416
Book Format :
Paperback
Category :
Politics & Government
uploads/book/medium/0393247686_medium.jpg
In Defense of a Liberal Education
In Defense of a Liberal Education
Author :
Fareed Zakaria
Publisher :
W. W. Norton & Company
Published Date :
Mar 30, 2015
No of Pages :
208
Book Format :
Hardcover
Category :
Politics & Government
uploads/book/medium/0060838655_medium.jpg
A People's History of the United States
A People's History of the United States
Author :
Howard Zinn
Publisher :
Harper Perennial Modern Classics
Published Date :
Aug 2, 2005
No of Pages :
729
Book Format :
Paperback
Category :
Politics & Government
uploads/book/medium/1451606303_medium.jpg
Plunder and Deceit
Plunder and Deceit
Author :
Mark R. Levin
Publisher :
Threshold Editions
Published Date :
Aug 4, 2015
No of Pages :
256
Book Format :
Hardcover
Category :
Politics & Government
uploads/book/medium/0385346514_medium.jpg
By the People: Rebuilding Liberty Without Permission
By the People: Rebuilding Liberty Without Permission
Author :
Charles Murray
Publisher :
Crown Forum
Published Date :
May 12, 2015
No of Pages :
336
Book Format :
Hardcover
Category :
Politics & Government
uploads/book/medium/1620408902_medium.jpg
Chasing the Scream: The First and Last Days of the War on Drugs
Chasing the Scream: The First and Last Days of the War on Drugs
Author :
Johann Hari
Publisher :
Bloomsbury USA
Published Date :
Jan 20, 2015
No of Pages :
400
Book Format :
Hardcover
Category :
Politics & Government
uploads/book/medium/1568585012_medium.jpg
War Against All Puerto Ricans: Revolution and Terror in America's Colony
War Against All Puerto Ricans: Revolution and Terror in America's Colony
Author :
Nelson A Denis
Publisher :
Nation Books
Published Date :
Apr 7, 2015
No of Pages :
400
Book Format :
Hardcover
Category :
Politics & Government
uploads/book/medium/030682020X_medium.jpg
Robert's Rules of Order Newly Revised, 11th edition
Robert's Rules of Order Newly Revised, 11th edition
Author :
Henry M. III Robert, Daniel H. Honemann, Thomas J. Balch
Publisher :
Da Capo Press
Published Date :
Sep 27, 2011
No of Pages :
816
Book Format :
Paperback
Category :
Politics & Government
uploads/book/medium/081297932X_medium.jpg
Behind the Beautiful Forevers: Life, Death, and Hope in a Mumbai Undercity
Behind the Beautiful Forevers: Life, Death, and Hope in a Mumbai Undercity
Author :
Katherine Boo
Publisher :
Random House Trade Paperbacks
Published Date :
Apr 8, 2014
No of Pages :
288
Book Format :
Paperback
Category :
Politics & Government
uploads/book/medium/1590793099_medium.jpg
Battlefield America: The War on the American People
Battlefield America: The War on the American People
Author :
John W. Whitehead
Publisher :
SelectBooks
Published Date :
Apr 14, 2015
No of Pages :
352
Book Format :
Hardcover
Category :
Politics & Government
uploads/book/medium/1455549568_medium.jpg
Taking a Stand: Moving Beyond Partisan Politics to Unite America
Taking a Stand: Moving Beyond Partisan Politics to Unite America
Author :
Rand Paul
Publisher :
Center Street
Published Date :
May 26, 2015
No of Pages :
320
Book Format :
Hardcover
Category :
Politics & Government
uploads/book/medium/1594206147_medium.jpg
World Order
World Order
Author :
Henry Kissinger
Publisher :
Penguin Press
Published Date :
Sep 9, 2014
No of Pages :
432
Book Format :
Hardcover
Category :
Politics & Government
uploads/book/medium/110191176X_medium.jpg
We Should All Be Feminists
We Should All Be Feminists
Author :
Chimamanda Ngozi Adichie
Publisher :
Anchor
Published Date :
Feb 3, 2015
No of Pages :
64
Book Format :
Paperback
Category :
Politics & Government
uploads/book/medium/0316292087_medium.jpg
Operation Nemesis: The Assassination Plot that Avenged the Armenian Genocide
Operation Nemesis: The Assassination Plot that Avenged the Armenian Genocide
Author :
Eric Bogosian
Publisher :
Little, Brown and Company
Published Date :
Apr 21, 2015
No of Pages :
384
Book Format :
Hardcover
Category :
Politics & Government
uploads/book/medium/081298367X_medium.jpg
The Pope and Mussolini: The Secret History of Pius XI and the Rise of Fascism in Europe
The Pope and Mussolini: The Secret History of Pius XI and the Rise of Fascism in Europe
Author :
David I. Kertzer
Publisher :
Random House Trade Paperbacks
Published Date :
Jan 6, 2015
No of Pages :
592
Book Format :
Paperback
Category :
Politics & Government
uploads/book/medium/0306820196_medium.jpg
Robert's Rules of Order Newly Revised In Brief, 2nd edition (Roberts Rules of Order in Brief)
Robert's Rules of Order Newly Revised In Brief, 2nd edition (Roberts Rules of Order in Brief)
Author :
Henry M. III Robert, Daniel H. Honemann, Thomas J. Balch
Publisher :
Da Capo Press
Published Date :
Sep 27, 2011
No of Pages :
208
Book Format :
Paperback
Category :
Politics & Government
uploads/book/medium/161039593X_medium.jpg
The Unraveling: High Hopes and Missed Opportunities in Iraq
The Unraveling: High Hopes and Missed Opportunities in Iraq
Author :
Emma Sky
Publisher :
PublicAffairs
Published Date :
Apr 7, 2015
No of Pages :
400
Book Format :
Hardcover
Category :
Politics & Government
+

Testimonials

No Data available

Editorial Reviews

No Editorial Reviews Available

Community Reviews

No Community Reviews Available

Press Releases

No Press Releases Found

Marketplace

Loader