LITMIR.BIZ

      UNIVERSITY OF PENNSYLVANIA PRESS

      PHILADELPHIA

      Originally published in German in 2013 as

      Chinas Kapitalismus: Entstehung, Verlauf, Paradoxien.

      Copyright © 2013 by Campus Verlag.

      English translation copyright © 2019 University of Pennsylvania Press

      All rights reserved. Except for brief quotations used for purposes of review or scholarly citation, none of this book may be reproduced in any form by any means without written permission from the publisher.

      Published by

      University of Pennsylvania Press

      Philadelphia, Pennsylvania 19104-4112

       www.upenn.edu/pennpress

      Printed in the United States of America on acid-free paper

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      Library of Congress Cataloging-in-Publication Data

      Names: Ten Brink, Tobias, author. Welch, Carla, translator.

      Title: China’s capitalism : a paradoxical route to economic prosperity / Tobias ten Brink ; translated by Carla Welch. Chinas Kapitalismus. English.

      Translation of: Ten Brink, Tobias. Chinas Kapitalismus : Entstehung, Verlauf, Paradoxien.

      Description: 1st edition. | Philadelphia : University of Pennsylvania Press, [2019] | Includes bibliographical references and index.

      Identifiers: LCCN 2018033468 | ISBN 978-0-8122-5109-8 (hardcover)

      Subjects: LCSH: Capitalism—China. | China—Economic conditions—2000–.

      Classification: LCC HC427.95 .T4513 2019

      LC record available at https://lccn.loc.gov/2018033468

      The translation of this work was funded by Geisteswissenschaften International—Translation Funding for Humanities and Social Sciences from Germany, a joint initiative of the Fritz Thyssen Foundation, the German Federal Foreign Office, the collecting society VG WORT and the Börsenverein des Deutschen Buchhandels (German Publisher & Booksellers Association).

      CONTENTS

       List of Abbreviations

       Introduction

       Chapter 1. Analyzing China’s Political Economy

       Insights, Gaps, and Desiderata in China Research

       Researching China from a Political Economy Perspective

       Chapter 2. From Mao to the Hu/Wen Era: The Origins and Trajectory of Capitalist-Driven Modernization

       Protocapitalism: The Historical Background to the Transition Under Deng

       The Emergence of State-Permeated Capitalism (1): Two Phases of Reform

       The Emergence of State-Permeated Capitalism (2): China’s Integration into the Global Economy

       Chapter 3. Current Developments in Chinese Capitalism

       The Corporate Sector and Socioeconomic Dynamics

       Planning for and with the Market(s): The Heterogeneous Party-State

       The Limits of Chinese-Style Subordination? Developments in Labor Relations

       Conclusion

       Capitalist Development in China

       Paradoxes of Prosperity

       Theoretical Implications for Political Economic and China Studies

       Notes

       Bibliography

       Index

       Acknowledgments

      ABBREVIATIONS

ACFIC	All-China Federation of Industry and Commerce
ACFTU	All-China Federation of Trade Unions
CCP	Chinese Communist Party
COE	collectively owned enterprise
CPE	comparative political economy
FDI	foreign direct investment
FIE	foreign-invested enterprise
GZFTU	Guangzhou Federation of Trade Unions
IPE	international political economy
LGFVs	local government financing vehicles
LSG	leading small group
MNC	multinational corporation
MOFCOM	Ministry of Commerce
MOFERT	Ministry of Foreign Economic Relations and Trade
MOHRSS	Ministry of Human Resources and Social Security
NDRC	National Development and Reform Commission
NGO	nongovernmental organization
OECD	Organisation for Economic Co-operation and Development
PBOC	People’s Bank of China
POE	privately owned enterprise
PRC	People’s Republic of China
R&D	research and development
RMB	Renminbi
SEZ	special economic zone
SME	small- and medium-sized enterprise
SOE	state-owned enterprise
SWRCs	Staff and Workers’ Representative Congresses
TVE	township and village enterprise
WFOE	wholly foreign-owned enterprise
WTO	World Trade Organization

      Introduction

      Economic growth in China since the end of the 1970s has now outperformed every other long economic upswing in modern history. While the largest member countries of the Organisation for Economic Co-operation and Development

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