Xi Jinping’s Reverse Course: The Nazification of the Chinese Economy (After 2012)

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

Chapter Chapter 7 in Crony Comprador Capitalism, 2024, pp 237-296 from Springer

Abstract: Abstract This chapter delves into Xi Jinping’s strategies for managing the crises stemming from China’s crony comprador capitalist development. Focusing on the outcomes while sidelining its institutional origins severely constrained Xi’s choices. His approach involves asserting the “primacy of politics” and pursuing high-tech self-sufficiency, bearing resemblance to certain aspects of National Socialist Germany’s economic policies. However, this crisis management strategy faces challenges due to Xi’s aversion to socialism and his persistent fixation on the globalization myth.

Date: 2024
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DOI: 10.1007/978-3-031-53154-5_7

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