New Books in Chinese Studies

A comprehensive look into how Macau’s recent decades of gambling-related growth produced one of the wealthiest territories on the planet.Betting on Macau: Casino Capitalism and China's Consumer Revolution (U Minnesota Press, 2023) delves into the radical transformation of what was formerly the last remaining European territory in Asia, returned to the People’s Republic of China in 1999 after nearly half a millennium of Portuguese rule. Examining the unprecedented scale of its development and its key role in China’s economic revolution, Tim Simpson follows Macau’s emergence from historical obscurity to become the most profitable casino gaming locale in the world.Identified as a UNESCO World Heritage Site and renowned for its unique blend of Chinese and Portuguese colonial-era architecture, contemporary Macau has metamorphosed into a surreal, hypermodern urban landscape augmented by massive casino megaresorts, including two of the world’s largest buildings. Simpson situates Macau’s origins as a strategic trading port and its ensuing history alongside the emergence of the global capitalist system, charting the massive influx of foreign investment, construction, and tourism in the past two decades that helped generate the territory’s enormous wealth.Presented through a cross section of postcolonial studies and social theory with extensive insight into the global gambling industry, Betting on Macau uncovers the various roots of the territory’s lucrative casino capitalism. In turn, its trenchant analysis provides a distinctive view into China’s broader project of urbanization, its post-Mao economic reforms, and the continued rise of its consumer culture.Michael O. Johnston, Ph.D. is an Assistant Professor of Sociology at William Penn University. He is the author of Community Media Representations of Place and Identity at Tug Fest: Reconstructing the Mississippi River (Lexington, 2022). His general area of study is on media representations of people and place at festivals and celebrations. He is currently working on his next book where he conducted research on an annual canoeing and kayaking event that takes place on the Upper Mississippi River. To learn more about Michael O. Johnston you can go to his website, Google Scholar, Twitter @ProfessorJohnst, or by email at johnstonmo@wmpenn.edu. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/chinese-studies

Philosophy of action in the context of Classical China is radically different from its counterpart in the contemporary Western philosophical narrative. Classical Chinese philosophers began from the assumption that relations are primary to the constitution of the person, hence acting in the early Chinese context necessarily is interacting and co-acting along with others -human and nonhuman actors. Mercedes Valmisa's Adapting: A Chinese Philosophy of Action (Oxford UP, 2021) is the first monograph dedicated to the exploration and rigorous reconstruction of an extraordinary strategy for efficacious relational action devised by Classical Chinese philosophers in order to account for the interdependent and embedded character of human agency -what the author has denominated "adapting" or "adaptive agency" (yin). As opposed to more unilateral approaches to action also conceptualized in the Classical Chinese corpus, such as forceful and prescriptive agency, adapting requires great capacity of self and other-awareness, equanimity, flexibility, creativity, and response, which allows the agent to co-raise courses of action ad-hoc: unique and temporary solutions to specific, non-permanent, and non-generalizable life problems. Adapting is one of the world's oldest philosophies of action, and yet it is shockingly new for contemporary audiences, who will find in it an unlikely source of inspiration to deal with our current global problems. This book explores the core conception of adapting both on autochthonous terms and by cross-cultural comparison, drawing on the European and Analytic philosophical traditions as well as on scholarship from other disciplines, opening a brand-new topic in Chinese and comparative philosophy.You can find her very teachable essay "We are interwoven beings" on Aeon here. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/chinese-studies

Commercial dating agencies that facilitate marriages across national borders comprise a $2.5 billion global industry. Ideas about the industry are rife with stereotypes-younger, more physically attractive brides from non-Western countries being paired with older Western men. These ideas are more myth than fact, Monica Liu finds in Seeking Western Men: Email-Order Brides Under China's Global Rise (Stanford UP, 2022). Her study of China's email-order bride industry offers stories of Chinese women who are primarily middle-aged, divorced, and proactively seeking spouses to fulfill their material and sexual needs. What they seek in their Western partners is tied to what they believe they've lost in the shifting global economy around them. Ranging from multimillionaire entrepreneurs or ex-wives and mistresses of wealthy Chinese businessmen, to contingent sector workers and struggling single mothers, these women, along with their translators and potential husbands from the US, Canada, and Australia, make up the actors in this multifaceted story. Set against the backdrop of China's global economic ascendance and a relative decline of the West, this book asks: How does this reshape Chinese women's perception of Western masculinity? Through the unique window of global internet dating, this book reveals the shifting relationships of race, class, gender, sex, and intimacy across borders. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/chinese-studies

Today I talked to Ching Keng about his book Toward a New Image of Paramartha: Yogacara and Tathagatagarbha Buddhism Revisited (Bloomsbury, 2022).Yogacara and Tathagatagarbha are often regarded as antagonistic Indian Buddhist traditions. Paramartha (499-569) is traditionally credited with amalgamating these philosophies by translating one of the most influential Tathagatagarbha texts in East Asia, the Awakening of Faith in Mahayana, and introducing Tathagatagarbha notions into his translations of Yogacara texts. Engaging with the digitalized Chinese Buddhist canon, Ching Keng draws on clues from a long-lost Dunhuang fragment and considers its striking similarities with Paramartha's corpus with respect to terminology, style of phrasing, and doctrines. In this cutting-edge interpretation of the concept of jiexing, Keng demystifies the image of Paramartha and makes the case that the fragment holds the key to recovering his original teachings. Further readings mentioned in our interview:Funayama, Toru 船山徹. The Work of Paramārtha an Example of Sino-Indian Cross-cultural Exchange. Journal of the International Association of Buddhist Studies; 2009; 31, pp. 141-83.Radich, Michael. The Doctrine of *Amalavijñāna in Paramārtha (499–569), and Later Authors to Approximately 800C.E. Zinbun; 2008; 41, pp. 45-174.Listeners and readers interested in further discussions, please feel free to contact Prof. Ching Keng, ckeng@ntu.edu.twJessica Zu is an intellectual historian and a scholar of Buddhist studies. She is an assistant professor of religion at the University of Southern California. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/chinese-studies

In 2010, Ping An took over Shenzhen Development Bank, ending an experiment that had never been tried before, and not been tried since: a foreign company owning and managing a Chinese bank. Newbridge Capital, a private equity firm, shocked the financial world when it agreed to take over the bank five years earlier–and successfully made it a pioneer.Weijian Shan, then a partner in Newbridge Capital, writes about the whole escapade in his third book Money Machine: A Trailblazing American Venture in China (Wiley: 2023), from when the deal first started, through its many reforms, to Newbridge’s final exit.In this interview, Shan and I talk about the trailblazing deal to take over Shenzhen Development Bank, how important that was in the story of China’s development–and whether private equity gets a bad rap.Weijian Shan is co-founder and executive chairman of PAG, a leading private equity firm in Asia. Prior to his career in private equity, Shan was, at different times, a managing director at JP Morgan and a professor at the Wharton School of the University of Pennsylvania. He is also the author of Out of the Gobi: My Story of China and America (Wiley: 2019) and Money Games: The Inside Story of How American Dealmakers Saved Korea’s Most Iconic Bank (Wiley: 2020).You can find more reviews, excerpts, interviews, and essays at The Asian Review of Books.. Follow on Twitter at @BookReviewsAsia.Nicholas Gordon is an associate editor for a global magazine, and a reviewer for the Asian Review of Books. He can be found on Twitter at @nickrigordon. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/chinese-studies

During the early decades of the Cold War, the People’s Republic of China remained far outside mainstream international science — right? Gordon Barrett’s new book, China’s Cold War Science Diplomacy (Cambridge University Press, 2022), counters this straightforward narrative and shows a very different side of China’s engagement with the outside world during this period. Barrett shows how scientists became crucial interlocutors for the early PRC, engaging in international and cross-bloc organizations, conferences, and networks. In China’s Cold War Science Diplomacy we follow scientists as they travel to international meetings, advocate for China’s position in international organizations, and correspond with collaborators and peers abroad. Overall, by piecing together a wide range of archival and published materials, Barrett shows how scientists developed transnational networks and interacted closely with overseas counterparts in ways that anticipated and lay the groundwork for China’s emergence as a science and technology powerhouse. Meticulously researched and carefully written, this book is sure to be of interest to those interested in modern Chinese history, science and technology, the Cold War period, and the role that scientists can play in diplomacy and diplomatic work.  Sarah Bramao-Ramos is a PhD candidate in History and East Asian Languages at Harvard. She works on Manchu language books and is interested in anything with a kesike. She can be reached at sbramaoramos@g.harvard.edu. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/chinese-studies

Oral Traditions in Contemporary China: Healing a Nation (Lexington Books, 2022) is the newest monograph from Professor Juwen Zhang of Willamette College. Through a historical survey and analyses of oral traditions like fairy tales, proverbs, and ballads, among others, that are still in vigorous practice in China today, this informative and stimulating book proposes a theoretical framework for interpreting how and why traditions continue or discontinue in any culture. Recently winning the prestigious Chicago Book Prize, the work is an excellent distillation of Professor Zhang's recent work. Timothy Thurston is Associate Professor in the Study of Contemporary China at the University of Leeds. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/chinese-studies

Set in the remote, mountainous Guangxi Autonomous Region and based on ethnographic fieldwork, Families We Need: Disability, Abandonment, and Foster Care's Resistance in Contemporary China (Rutgers UP, 2022) traces the movement of three Chinese foster children, Dengrong, Pei Pei, and Meili, from the state orphanage into the humble, foster homes of Auntie Li, Auntie Ma, and Auntie Huang. Traversing the geography of Guangxi, from the modern capital Nanning where Pei Pei and Meili reside, to the small farming village several hours away where Dengrong is placed, this ethnography details the hardships of social abandonment for disabled children and disenfranchised, older women in China, while also analyzing the state’s efforts to cope with such marginal populations and incorporate them into China’s modern future. The book argues that Chinese foster families perform necessary, invisible service to the Chinese state and intercountry adoption, yet the bonds they form also resist such forces, exposing the inequalities, privilege, and ableism at the heart of global family making.Erin Raffety is a research fellow at the Center for Theological Inquiry, an empirical research consultant at Princeton Theological Seminary, and an associate research scholar at Princeton Seminary's Institute for Youth Ministry. Raffety researches and writes on disability, congregational ministry, and church leadership and is an advocate for disabled people.Shu Wan is currently matriculated as a doctoral student in history at the University at Buffalo. As a digital and disability historian, he serves in the editorial team of Digital Humanities Quarterly and Nursing Clio. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/chinese-studies

Much has been made of the rise of China's economy, and some fear that China will surpass the United States as the world's largest economy in the coming years. Michael Beckley goes against the grain in his article "China's Century? Why America's Edge Will Endure" (International Security, Winter 2011/12), arguing that the size of a nation's economy doesn't necessarily dictate its global power, and that the United States is not in great danger because of China's economic developments. Beckley and Sean Lynn-Jones discuss this and the state of the Chinese economy as a whole when compared to the United States'. This conversation was recorded on December 14, 2011. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/chinese-studies

Having lived through both China’s Great Leap Forward during primary school, then the Cultural Revolution and the closing of schools for ten years, Beijing-born Weijian Shan, instead of a secondary school education spent six hard years in the Gobi Desert with the Army Construction Corps.Remarkably, the young Shan made it to a PhD program at UC Berkeley where he met his academic advisor, then Professor Janet Yellen, later U.S. Treasury Secretary. (Somewhat ironically now attending to the insolvencies of Silicon Valley Bank and Signature Bank). Shan goes on to become a Wharton School business professor before moving into investment banking and private equity investing making financial business history with the successful takeover and turnaround of failed banks in South Korea and China.Both generous with his time and patient with my questions, Dr. Shan is currently the CEO at PAG, a private equity firm managing assets of some $50 billion. We discussed the books in chronological order with a few tangents that Shan used to both clarify and instruct such as: his 2006 public debate with World Bank economists about Chinese profitability; why his generation truly is a ‘Lost Generation’; his career and transitions including, among other things, the connection between recent financial crises and the basics of sound financial banking systems; lessons from and advice for business negotiation; the importance of leadership, and his two keys to an ‘ownership’ mentality. All within the context of his well-written and interesting narratives providing personal accounts of life during the Cultural Revolution period in China, as well as historic overseas private equity bank deals as described by the publisher, Wiley and Sons, adapted below: Out of the Gobi: My Story of China and America draws a vivid picture of the raw human energy and the will to succeed against all odds. Shan, a former hard laborer who is now one of Asia's best-known financiers, is thoughtful, observant, eloquent, and brutally honest, making him well-positioned to tell the story of a life that is a microcosm of modern China, and of how, improbably, that life became intertwined with America. This powerful and personal perspective on China and America will inform Americans' view of China, humanizing the country, while providing a rare view of America from the prism of a keen foreign observer who lived the American dream. (2019) Money Games: The Inside Story of How American Dealmakers Saved Korea’s Most Iconic Bank is a riveting tale of one of the most successful buyout deals ever: the acquisition and turnaround of what used to be Korea's largest bank by the Asian arm of an American firm, Newbridge Capital. Full of intrigue and suspense, this insider's account is told by the chief architect of the deal itself, the celebrated author and private equity investor Weijian Shan. With billions of dollars at stake, and the nation's economic future on the line, Newbridge Capital sought to become the first foreign firm in history to take control of one of Korea's most beloved financial institutions. (2020) In Money Machine: A Trailblazing American Venture in China, Weijian Shan delivers a compelling account of one of the most significant deals in private equity history: the first and only foreign acquisition of control of a Chinese national bank. Money Machine is the fascinating inside story of the transaction as told by the man who led it, from the intrigues of dealmaking to the complex and uncharted process of securing control by a foreign investor of a Chinese nationwide financial institution, a feat that had never before been attempted, nor has it been repeated. (2023) Keith Krueger teaches at the Sydney Business School at Shanghai University - can be reached at keith.krueger1@uts.edu.au or keithNBn@gmail.com. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/chinese-studies