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The China Boom: Why China Will Not Rule the World

The China Boom: Why China Will Not Rule the World

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Key Metrics

  • Ho-Fung Hung
  • Columbia University Press
  • Paperback
  • 9780231164191
  • 8.8 X 5.9 X 0.7 inches
  • 0.8 pounds
  • Political Science > World - Asian
  • English
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Book Description

Many thought China's rise would fundamentally remake the global order. Yet, much like other developing nations, the Chinese state now finds itself in a status quo characterized by free trade and American domination. Through a cutting-edge historical, sociological, and political analysis, Ho-fung Hung details 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: 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. Hung ultimately warns of a postmiracle China that will grow increasingly assertive in attitude while remaining constrained in capability.

The China Boom: Why China Will Not Rule the World

Author Bio

I am the Henry M. and Elizabeth P. Wiesenfeld Professor in Political Economy at the  Sociology Department and the Paul H Nitze School of Advanced International Studies of the Johns Hopkins University. 

My scholarly interest includes global political economy, protest, nation-state formation, social theory, and East Asian Development. I received my bachelor degree from the Chinese University of Hong Kong, my MA degree from SUNY-Binghamton, and my PhD degree in Sociology from Johns Hopkins. 

Prior to joining the Hopkins faculty, I taught at the Indiana University-Bloomington.

Research Interests 

Ho-fung Hung is  the author of the award-winning Protest with Chinese Characteristics (2011) and The China Boom: Why China Will not Rule the World (2016), both published by Columbia University Press. 

His articles have appeared in the American Journal of Sociology, the American Sociological Review, Development and Change, Review of International Political Economy, Asian Survey, and elsewhere. His research publications have been translated into seven different languages, and are recognized by awards from five different sections of the American Sociological Association, Social Science History Association, and the World Society Foundation of Switzerland. 

His analyses of the Chinese political economy and Hong Kong politics have been featured or cited in The New York Times, The Financial Times, The Wall Street Journal, Bloomberg News, BBC News, Die Presse (Austria), The Guardian, Folha de S. Paulo (Brazil), The Straits Times (Singapore),  Xinhua Monthly (China), People’s Daily (China), among other publications.

 

Source: Johns Hopkins University Department of Sociology 

 

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