Book cover of The Myth of Chinese Capitalism: The Worker, the Factory, and the Future of the World

Book description

The untold story of how restrictive policies are preventing China from becoming the world’s largest economy

Dexter Roberts lived in Beijing for two decades working as a reporter on economics, business and politics for Bloomberg Businessweek. In The Myth of Chinese Capitalism, Roberts explores the reality behind today’s financially-ascendant China…

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Why read it?

1 author picked The Myth of Chinese Capitalism as one of their favorite books. Why do they recommend it?

I’m not fond of the title, but I like this book because it exposes us readers to a little-known population: China’s poor migrant workers. During many visits over ten years, Bloomberg BusinessWeek Beijing correspondent Tiff Roberts befriended a rural family in impoverished Guizhou Province and their relatives who had found industrial jobs in modern Guangdong. His unusual access lets readers understand a key weakness of modern China: the discontent of those not able to prosper during these decades of modernization.

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