The book, The China Boom: Why China will not Rule the World, is based on some of the often asked questions; why and how is China rising? What does China’s rise mean for the rest of the world and for the international order? The author, Hung-Ho-Fung, presents his scholarly work addressing mainly these questions and, through this work, he challenges much of the conventional academic and popular wisdom on China’s development. He asserts that while comparing the ‘China model’ with the western liberal and democratic model, it is important that the writers and sociologists take an unbiased approach and do not distort facts so that the full picture of China’s complexity is brought to the readers.
The book is divided into two parts. Apart from the introduction, part I titled “Origins” describes the historical evolution of capitalism in China, dividing it into three periods i.e., 1650-1850, 1850-1980 and 1980-2008. The part II with the title “Global Effects, Coming Demise” discusses the contemporary economic rise of China, the domestic and international consequences of its rise and the reasons why China’s economic boom will fade.Read More