Positives Ho-fung Hung's book is widely praised as a fascinating, well-researched, and rigorously argued analysis of China's economic development and its position in the global capitalist system. Reviewers highlight its objective and balanced perspective, commending the author for presenting cold, hard facts rather than succumbing to either Sinophilic glorification or Sinophobic hysteria. The book is noted for its ability to dispel common myths and rumors about a China-centric future world, offering a much-needed reality check for various viewpoints. Readers appreciate the comprehensive historical context provided, tracing China's economic journey from earlier dynasties to the modern era, and connecting disparate historical threads to explain its current political economy. Many found the book to be both deeply nuanced for academics and specialists, yet remarkably accessible and engaging for general readers interested in this crucial subject.
Negatives Despite its strengths, some reviewers note that certain arguments in the book may not be entirely new to those already familiar with the author's other works or the writings of related scholars, suggesting some conclusions might feel prescribed by existing orthodoxies. One reviewer specifically questioned the strength of some of the author's counter-arguments against prevailing historical theories regarding capitalist development. The book's primary focus on economics also meant that some readers hoping for more in-depth political or power-related analysis, particularly concerning internal Chinese political economy and elite power structures, might find it somewhat lacking. Additionally, a few reviewers found parts of the book to be quite technical or dense, potentially overwhelming at times, and one mentioned it might feel a bit dated in certain aspects.
Conclusion Overall, the book is considered a significant and valuable contribution to understanding contemporary China. Its central thesis, that China is unlikely to supplant the United States as the global hegemon due to the deep, interconnected, and mutually dependent nature of their economies within the current global order, is presented as highly convincing. This book is highly recommended for anyone seeking a nuanced, non-ideological, and fact-based exploration of China's economic history and its complex relationship with the global system. It will appeal to general readers, academics, and specialists interested in political economy, sociology, and world history, particularly those looking to challenge conventional narratives and gain a more balanced perspective on China's past, present, and future role on the world stage.
