China's Economic Landscape Post-2008

This chapter examines the economic crisis following the 2008 financial downturn, focusing on China's response through a speculative housing bubble amidst rising social unrest. It highlights the tension between neoliberal reforms aimed at improving welfare and the corruption that emerged from government stimulus efforts. The discussion also delves into the shifting governance landscape under Xi Jinping, emphasizing the interplay of domestic and foreign policy amid growing geopolitical tensions with the U.S.