China’s Rise in a Semi-peripheral Orbit (After WTO Entry)

Jianyong Yue ()
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Jianyong Yue: London School of Economics and Political Science

Chapter Chapter 5 in Crony Comprador Capitalism, 2024, pp 123-185 from Springer

Abstract: Abstract This chapter traces China's trajectory of Ricardian export-led growth following its WTO accession. It explores the challenges posed by anti-developmental WTO rules to China's structural transformation, leading to a dilemma of “growth without development.” This predicament is influenced by China's crony comprador capitalist development, which places the country at risk of falling into a “middle-income trap” and sets limits on China's ongoing “peaceful rise.” These limitations become more pronounced with the emergence of great-power rivalries inherent in this semi-peripheral development.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-53154-5_5

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DOI: 10.1007/978-3-031-53154-5_5

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