The China Boom: Why China Will Not Rule the World

Ho-fung Hung details the competing interests and economic realities that temper the dream of Chinese supremacy. His work reveals how much China depends on the existing order and how the interests of the Chinese elites maintain these ties. Hung ultimately warns of a postmiracle China that will grow increasingly assertive in attitude while remaining constrained in capability.
Ho-fung Hung details the competing interests and economic realities that temper the dream of Chinese supremacy. Hung focuses on four common misconceptions: that China could undermine orthodoxy by offering an alternative model of growth; that China is radically altering power relations between the East and the West; that China is capable of diminishing the global power of the United States; and that the Chinese economy would restore the world's wealth after the 2008 financial crisis. His work reveals how much China depends on the existing order and how the interests of the Chinese elites maintain these ties.

A systematic investigation into the origins and unraveling of China’s economic miracle.