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,
“... that the unemployment rate now stands at its highest since 1949, the year the Communist Party took power. The downturn could prove the first real threat to the regime since the 1989 Tiananmen protests. It challenges the wisdom of Beijing’s economic model, and threatens to break the implicit bargain between China’s middle classes and its rulers, whereby the ... ”