17min chapter

New Books in East Asian Studies cover image

Ya-Wen Lei, "The Gilded Cage: Technology, Development, and State Capitalism in China" (Princeton UP, 2023)

New Books in East Asian Studies

CHAPTER

China's Economic Evolution Towards Technology

Exploring China's economic shift towards a technology-centered economy under authoritarian rule and its global implications. The chapter discusses the historical roots of this transformation, the impact of the 2008 financial crisis on China's economic strategy, and the unintended consequences of heavy investment in various sectors.

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