Taking the Bosses Hostage
Joshua Kurlantzick: China goes into reverse, 26 March 2009
Factory Girls: Voices from the Heart of Modern China
by Leslie Chang.
Picador, 432 pp., £12.99, February 2009,978 0 330 50670 0 Show More
by Leslie Chang.
Picador, 432 pp., £12.99, February 2009,
Capitalism with Chinese Characteristics: Entrepreneurship and the State
by Yasheng Huang.
Cambridge, 366 pp., £15.99, November 2008,978 0 521 89810 2 Show More
by Yasheng Huang.
Cambridge, 366 pp., £15.99, November 2008,
“... for robust domestic consumer spending: it didn’t ensure that there were banks ready to grant home or car loans, or rural credit organisations capable of helping farmers modernise. Consumers stuck their money in the bank, or under the mattress, giving China one of the highest rates of household savings in the world. This strategy was part of an ... ”