THE POLITICS OF CHINA’S PATH
A Reply to Joel Andreas
As far as I am aware, the review of my Capitalism with Chinese Characteristics by Joel Andreas in New Left Review is the most detailed and thorough to date.  See above: Joel Andreas, ‘A Shanghai Model? -On Capitalism with Chinese Characteristics’, nlr 65, Sept–Oct 2010. Most other reviews, especially those that appeared in the financial press, have tended to pick up one or two things from the book and to highlight connections with the current economic downturn, which is their real interest. Andreas focuses closely on the differences between Chinese government policy in the 1980s and in the 1990s, which are at the heart of my reasons for writing the book in the first place. For that, I greatly appreciate his critique.
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- Joel Andreas: A Shanghai Model? Assessment of Huang Yasheng’s iconoclastic account of the PRC’s economic reforms, Capitalism with Chinese Characteristics. Did the 1990s witness a turn away from rural entrepreneurialism towards a state-led model favouring coastal elites?
- Ho-fung Hung: Paper-Tiger Finance? Hung Ho-fung on Carl Walter and Fraser Howie, Red Capitalism. Two Wall Street China hands assess the PRC’s transition from plan to market.