Chinese Capitalism in a Global Era examines the dynamic ways in which millions of ethnic Chinese in East and Southeast Asian economies organize their economic activities. It analyses how Chinese capitalism has changed under conditions of contemporary globalization and anticipates what the future holds for it.
The book challenges the conventional notion of Chinese capitalism as Òcrony capitalismÓ, based around kinship networks and untouched by globalization. Yeung argues rather that key actors are capable of taking advantage of their participation in globalization processes to significantly transform the nature and organization of Chinese capitalism in East and Southeast Asia. He concludes that the system that is emerging is neither distinctively Chinese nor converging towards the Anglo-American form of capitalism, but a hybrid of both.
The book is comprehensive in its scope of analysis, interdisciplinary in its coverage of literature, and well grounded in a wide variety of empirical evidence that addresses different sectors and economies in Asia. It will be of interest to students and researchers in the areas of, international political economy, economics, Asian Studies, development studies, organization and management studies, economic geography, and urban studies.
Henry Wai-chung Yeung is Associate Professor at the Department of Geography, National University of Singapore. He is a recipient of the Commonwealth Fellowship and the Fulbright Foreign Research Award. His previous publications include Transnational Corporations and Business Networks and Entrepreneurship and the Internationalization of Asian Firms.
Chinese Capitalism in a Global Era
Towards Hybrid Capitalism
Henry Wai-chung Yeung
First published 2004 by Routledge
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Simultaneously
published in the USA and Canada
by Routledge
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Routledge is an imprint of the Taylor & Francis Group
© 2004 Henry Wai-chung Yeung
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All rights reserved. No part of this book may be reprinted or reproduced or utilised in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers.
British Library Cataloguing in Publication Data
A catalogue record for this book is available from the British Library
Library of Congress Cataloging in Publication Data
ISBN 0-415-30989-1
Contents
List of Tables
List of Figures
Preface
1. Hybrid capitalism: demystifying Chinese capitalism
2. The dynamics of Chinese capitalism: globalization and actor-networks
3. The internationalization of Chinese capitalism
4. Transnational entrepreneurship
5. Transformations in social organization
6. Changing corporate governance and strategic management
7. The future of Chinese capitalism
Notes
Appendix
References