Rethinking the ‘China model’

Workers carry red lanterns out from a workshop in a village in Taizhou, in Zhejiang province on 28 December 2011, as they prepare to meet orders from overseas Chinese companies ahead of the lunar new year celebrations. Chinese export growth is expected to halve in 2012 from this year as turmoil in Europe and the US hits demand for Chinese products, a senior government researcher said. (Photo: AAP)

Author: Shaun Breslin, University of Warwick and RIIA

The idea that there is a coherent and distinct ‘Chinese model’ of political economy has gained attention in recent years — especially as financial crisis elsewhere has undermined confidence in the (neo)liberal models often associated with Western interests and objectives.

To be sure, there are many in China and elsewhere who argue the crisis has actually highlighted key defects in China’s development model.

Read more…