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Conclusion

  • Jianyong Yue
Chapter
Part of the Palgrave Studies in Economic History book series (PEHS)

Abstract

Far from being an economic success story, China’s “growth without development” under crony comprador capitalism has instead produced a quagmire and in turn prompted the Communist regime’s recent “totalitarian turn.” That development, and the illusory global power shift toward China, has undercut the prospect of lasting peace, the country’s democratic transition and China’s modernization. These developments were not foreordained, but they nevertheless reflect the character of the Chinese Communist state and the leadership’s acute myopia in the age of liberal globalization.

Keywords

Crony comprador capitalism Totalitarian turn Global power shift Leadership’s acute myopia Liberal globalization 

Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Jianyong Yue
    • 1
  1. 1.London School of Economics and Political ScienceLondonUK

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