China Constructing Capitalism

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The book presents a compelling analysis of China's unique approach to capitalism, arguing against the notion that Western neo-liberalism is its primary influence. It explores the concept of China as a 'risk culture', delving into the interplay between Chinese firms and political connections, property development, urban migration, and financial markets. The text highlights the significant role of the state, which fosters risk aversion while simultaneously creating uncertainty. This work is essential for social scientists, policymakers, and investors seeking to understand China's economic landscape.