Buy new:
$19.95$19.95
This item cannot be shipped to your selected delivery location. Please choose a different delivery location.
Ships from: Amazon.com Sold by: Amazon.com
Save with Used - Good
$9.99$9.99
This item cannot be shipped to your selected delivery location. Please choose a different delivery location.
Ships from: Amazon Sold by: Jenson Books Inc
Download the free Kindle app and start reading Kindle books instantly on your smartphone, tablet, or computer - no Kindle device required.
Read instantly on your browser with Kindle for Web.
Using your mobile phone camera - scan the code below and download the Kindle app.
China's Future 1st Edition
Purchase options and add-ons
China's future is arguably the most consequential question in global affairs. Having enjoyed unprecedented levels of growth, China is at a critical juncture in the development of its economy, society, polity, national security, and international relations. The direction the nation takes at this turning point will determine whether it stalls or continues to develop and prosper.
Will China be successful in implementing a new wave of transformational reforms that could last decades and make it the world's leading superpower? Or will its leaders shy away from the drastic changes required because the regime's power is at risk? If so, will that lead to prolonged stagnation or even regime collapse? Might China move down a more liberal or even democratic path? Or will China instead emerge as a hard, authoritarian and aggressive superstate?
In this new book, David Shambaugh argues that these potential pathways are all possibilities - but they depend on key decisions yet to be made by China's leaders, different pressures from within Chinese society, as well as actions taken by other nations. Assessing these scenarios and their implications, he offers a thoughtful and clear study of China's future for all those seeking to understand the country's likely trajectory over the coming decade and beyond.
- ISBN-101509507140
- ISBN-13978-1509507146
- Edition1st
- PublisherPolity
- Publication dateMarch 14, 2016
- LanguageEnglish
- Dimensions5.4 x 0.75 x 8.3 inches
- Print length244 pages
Frequently bought together

Customers who bought this item also bought

Success Comes from You: Success Comes from Creating the Best Life for YourselfDr. Christina S. RogersPaperback$6.99 shipping
Customer reviews
Customer Reviews, including Product Star Ratings help customers to learn more about the product and decide whether it is the right product for them.
To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon. It also analyzed reviews to verify trustworthiness.
Learn more how customers reviews work on AmazonCustomers say
Customers find the book well worth reading, excellent, and interesting. They also appreciate the insights, sharp and deep analysis, and information about China's future. Readers describe the content as concise, clear, and explicit.
AI-generated from the text of customer reviews
Customers find the book well worth reading, excellent, and a quick read. They also say it's interesting with a strong American perspective.
"The book is easy to read, assuming you have somewhat more advanced knowledge about current situation in chineese politics and it's very recent past...." Read more
"It is a very good book. Has a lot of information about the problems with the Chinese economy...." Read more
"very good book. Author was a bit biased toward thinking that China must move to a more open posture both economically and politically...." Read more
"...Excellent work from D. Shambaugh, clear, explicit, down to the core." Read more
Customers find the book very insightful, timely, and provides a sharp and deep analysis about China's future. They say it has a lot of information about the problems with the country. Readers also mention the book is solid and easy to read.
"It is a very good book. Has a lot of information about the problems with the Chinese economy...." Read more
"...interpreting the underlying implications, this book provides a sharp and deep analysis about China's future...." Read more
"Very interesting book on understanding China." Read more
"Very insightful and timely. China is at a crossroads and may be taking the wrong turn." Read more
Customers find the content concise, informative, and explicit.
"...Excellent work from D. Shambaugh, clear, explicit, down to the core." Read more
"Concise, Honest, Balanced, Represents a wealth of China insight." Read more
"Concise and very informative. Loved it." Read more
-
Top reviews
Top reviews from the United States
There was a problem filtering reviews right now. Please try again later.
1. Hard Authoritarianism (the current path) ---> leading to Limited Reform, Stagnation, and Decline
2. Neo Totalitarianism ---> leading to Regression, Atrophy, and Collapse
3. Soft Authoritarianism ---> leading to Moderate Reform and Partial Transition
4. Semi-Democracy ---> leading to Successful Reform and Full Transition
He explains that the new leaders of the CCP acknowledged a long list of challenges facing China when they first took the reins of the Party, but set out an ambitious agenda for reform that was described at length shortly after the Third Plenum convened in November 2013. Sadly, more than two years later there has been very little progress made toward achieving these goals requiring economic, social, and political reforms. In fact, while some progress has been made in terms of economic reforms, the new CCP leadership has made a U-turn in terms of the political reforms that are necessary to facilitate the level of economic reform necessary in order for China to avoid "the Middle Income Trap" that has plagued so many other countries that similarly experienced initial periods of rapid economic growth.
But, despite the fact that China's debt has grown to a level equal to three times its GDP and is growing at twice the rate of its GDP if GDP is, in fact, growing at close to 7%, David Shambaugh argues that it's still possible for the CCP to right the ship if it can somehow overcome fierce resistance from entrenched interests toward the various reforms that threaten their privileged positions of power. Toward that end, he examines the implications for each of the four paths identified above and the probability of each.
This analysis makes a convincing case that only the last two paths, if achieved in sequence--i.e., a transition from Hard Authoritarianism to Soft Authoritarianism and then to Semi-Democracy--are likely to enable China to achieve continued economic development. This view echoes the conceptual framework developed by W. W. Rostow decades ago in which it is believed that economic development can be divided into five stages, and that economic activity becomes much more diffuse as economies develop, so achieving the final stages of economic development require a transition away from centralized government control and decision-making, even though that facilitated rapid economic growth during earlier stages of economic development.
Still, it's not clear to me how adopting democracy can really cure all of China's ills, even those that plague existing democracies, such as excess debt. And, in order to avoid the Middle Income Trap, China must also spur innovation throughout the country (not just within SOE's operating within a handful of industries deemed to be of strategic importance), fix its financial system that is controlled by the CCP and has also become a tangled mess, introduce greater competition and market forces throughout the economy, successfully implement a planned urbanization scheme, resolve the hukou dilemma, expand the service sector which, though growing rapidly, is still relatively small since debt-financed Fixed Asset investment Spending has grown to become such a large percentage of China's economy, increase household consumption, tackle corruption, clean up the environment, fully tap factor endowments (including natural resources that it must exploit abroad in order to satisfy its internal needs), and address the long laundry list of additional challenges identified in the Third Plenum documents and a World Bank/State Council "China 2030" report.
But, David Shambaugh concludes that a transition to Semi-Democracy is unlikely in the first place, so it seems as if this Chinese laundry list of problems is even more unlikely to be resolved anytime soon.
That said, the book has a major flaw; it takes its central thesis as unimpeachable fact, rather than a conjecture in need of defense.
The key goal of China’s government over the next few decades is to disprove the notion that a country needs to liberalize to innovate and develop past middle income status. I’m not sure they’ll succeed, but very few people are prepared to rule out the possibility.
No serious work on the topic should take it as a given that a country must liberalize to become wealthy.
Top reviews from other countries
Shambaugh considers semi democracy to be the most desirable, but also the least likely outcome, but contends that Hard Authoritarianism will lead to long term stagnation, and possible decline, and that Neo-Totalitarianism is obviously the worst route.
Shambaugh is not as bullish as other China authors (such as Martin Jacques) and is critical of the underlying faults in the economy, the lack of innovation, and perhaps the route of it, the nature of the educational system. Shambaugh asserts that China has to revive the political reform that was tentatively implemented between 1998 and 2008, or it will continue on a downward trajectory.
Shambaugh is quite critical of Xi Jinping, regarding him as most definitely not a liberal, and perhaps reckless in the scope and aggression with which he has implemented his anti corruption campaign. This in itself, could possibly be a costly error if it is extended too far upon the military.
As a regular reader of commentary on contemporary China, Shambaugh has provided some useful insight into the nature of Chinese governance that has been lacking in previous books, and sheds some interesting light on Zeng Qinghong, who Shambaugh considers to have been a reformer whose reforms were ultimately undermined.
A very good, up to date study of China, and a much more academic study than many out there. The book avoids the hyperbole associated with much study of China, and instead provides an academic and thoroughly researched study, but at the same time, thoroughly readable.



