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CHINA’S TRANSFORMATION: THE SUCCESS STORY AND THE SUCCESS TRAP #BOOK

Genre: Non Fiction, International Affairs. Author: Manoranjan Mohanty.

In the midst of growing dominance of China globally, this book deals with the role and thinking of the Communist Party of China and the manner in which it exercises control over all aspects of the Chinese Policy, economy and society. Even the rest of the world has been watching with curiosity and appreciation the great socio-economic transformation that China has been experiencing since the formation of the People’s Republic of China some seven decades ago..

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Based on the author’s research in China for over three decades, China’s Transformation: The Success Story and the Success Trap shows how its ‘reform and open door’ policy evolved and helped achieve tremendous economic success.

Flow of the book: The book focusing on the following:

  • Foreign investment and its impact on transforming China.
  • Democratic centralism: Philosophy of Communist Party. It is more of centralism and less democracy, unique for China.
  • Household responsibility system: It was launched, allowing household to lease out land to produce grain for their needs. The surplus would be procured to feed the urban population. This emerged as the new experiment to boost rural incomes and food security.
  • It is an apt take on China’s Socio-Economic and global transformation. A lesson for many countries in household transformation.
  • The book provides insights into the economic and social transformation that China has undergone from 1979 to the present. 

However, it also generated serious social and environmental problems. The book presents that the consequences of this success story of growth are so strong that it has been difficult for China to change its main development path to achieve a desirable level of equity and sustainability. The author describes this as the ‘success trap’ that China is currently grappling with.

The author argues that China’s reform path is grounded in the premises of the European Industrial Revolution backed by strong sociopolitical forces at home, indicating that a major change in the development path is unlikely. However, all indications point to a strong and prosperous China as a rising world power in the coming decades, trying to cope with the sociopolitical problems in its own way..

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