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An ethnographic study of China’s new elites and their rarified world of debauchery and corruption: “A must have book for China studies” (Choice). This pioneering investigation reveals the private lives—and the nightlives—of the powerful entrepreneurs and managers redefining success and status in the Chinese city of Chengdu. For more than three years, anthropologist John Osburg accompanied wealthy Chinese businessmen as they courted clients, partners, and government officials. Now he invites readers along on his journey through the highly gendered world of luxury karaoke clubs, saunas, and massage parlors—places designed to cater to the desires of elite men. Within these spaces, a masculinization of business is taking place. Osburg details the complex code of behavior that governs businessmen as they go about banqueting, drinking, gambling, bribing, exchanging gifts, and obtaining sexual services. These intricate social networks play a key role in generating business, performing social status, and reconfiguring gender roles. Yet underneath the façade, many entrepreneurs feel trapped by their obligations and moral compromises in this evolving environment. Osburg examines their deep ambivalence about China’s future and their own complicity in the major issues of post-Mao Chinese society—corruption, inequality, materialism, and loss of trust.
Three decades of reform since 1978 in the People’s Republic of China have resulted in the emergence of new social groups which have included new occupations and professions generated as the economy has opened up and developed and, most spectacularly given the legacy of state socialism, the identification of those who are regarded as wealthy. However, although China’s new rich are certainly a consequence of globalization, there remains a need for caution in assuming either that China’s new rich are a middle class, or that if they are they should immediately be equated with a universal middle class. Including sections on class, status and power, agency and structure and lifestyle The New Rich in China investigates the political, socio-economic and cultural characteristics of the emergent new rich in China, the similarities and differences to similar phenomenon elsewhere and the consequences of the new rich for China itself. In doing so it links the importance of China to the world economy and helps us understand how the growth of China’s new rich may influence our understanding of social change elsewhere. This is a subject that will become increasingly important as China continues its development and private entrepreneurship continues to be encouraged and as such The New Rich in China will be an invaluable volume for students and scholars of Chinese studies, history and politics and social change.
Including sections on class, status and power, agency and structure and life style the book develops the concept of the New Rich further in light of China’s accelerated social change and the ever-increasing affluence of some of the population.
Two leading experts on China evaluate its rise throughout the past one hundred fifty years, sharing portraits of key intellectual and political leaders to explain how China transformed from a country under foreign assault to a world giant.
" In 1978, China launched economic reforms that have resulted in one of history’s most dramatic national transformations. The reforms removed bureaucratic obstacles to economic growth and tapped China’s immense reserves of labor and entrepreneurial talent to unleash unparalleled economic growth in the country. In the four decades since, China has become the world’s second-largest economy after the United States, and a leading force in international trade and investment. As the contributors to this volume show, China also faces daunting challenges in sustaining growth, continuing its economic ransformation, addressing the adverse consequences of economic success, and dealing with mounting suspicion from the United States and other trade and investment partners. China also confronts risks stemming from the project to expand its influence across the globe through infrastructure investments and other projects under the Belt and Road Initiative. At the same time, China’s current leader, Xi Jinping, appears determined to make his own lasting mark on the country and on China’s use of its economic clout to shape the world around it. "
NEW YORK TIMES BESTSELLER • The author of the international sensation Crazy Rich Asians delivers a “snarky … wicked … funny” follow-up (The New York Times) that’s a deliciously fun romantic comedy of family, fortune, and fame in Mainland China. It’s the eve of Rachel Chu’s wedding, and she should be over the moon. She has a flawless Asscher-cut diamond, a wedding dress she loves, and a fiancé willing to thwart his meddling relatives and give up one of the biggest fortunes in Asia in order to marry her. Still, Rachel mourns the fact that her birth father, a man she never knew, won’t be there to walk her down the aisle. Then a chance accident reveals his identity. Suddenly, Rachel is drawn into a dizzying world of Shanghai splendor, a world where people attend church in a penthouse, where exotic cars race down the boulevard, and where people aren’t just crazy rich … they’re China rich.
This is the first volume in the The New Rich in Asia series which examines the economic, social and political construction of the 'new rich' in the countries and territories of East and South East Asia, as well as their impact internationally. From a western perspective the rise of the emergent business and professional class may seem very familiar. However, it is far from clear that those newly enriched by the processes of modernization in East and South East Asia are readily comparable with the middle classes of the West. For example, civil and human rights seem to play a different role in social, political and economic change, and the State is clearly more central as an agent of economic development. This volume is the essential introduction to the series, and identifies the 'new rich' phenomenon in Indonesia, Thailand, Singapore, Malaysia, Korea, China, Hong Kong and Taiwan. The contributors demonstrate that the key to understanding the 'new rich' is to realise that they are neither a single category or class, but in each setting a series of different socio-political groups who have a common inheritance from the process of rapid economic growth.
China's future is arguably the most consequential question in global affairs. Having enjoyed unprecedented levels of growth, China is at a critical juncture in the development of its economy, society, polity, national security, and international relations. The direction the nation takes at this turning point will determine whether it stalls or continues to develop and prosper. Will China be successful in implementing a new wave of transformational reforms that could last decades and make it the world's leading superpower? Or will its leaders shy away from the drastic changes required because the regime's power is at risk? If so, will that lead to prolonged stagnation or even regime collapse? Might China move down a more liberal or even democratic path? Or will China instead emerge as a hard, authoritarian and aggressive superstate? In this new book, David Shambaugh argues that these potential pathways are all possibilities - but they depend on key decisions yet to be made by China's leaders, different pressures from within Chinese society, as well as actions taken by other nations. Assessing these scenarios and their implications, he offers a thoughtful and clear study of China's future for all those seeking to understand the country's likely trajectory over the coming decade and beyond.
The peasant revolutionary turned lifestyle guru, the former Shaolin monk working on a Shanghai building site, the once-conservative father running a gay hotline - and the teenagers who just want to dress up as their favourite Japanese cartoon characters - welcome to the new China, a nation in motion, where whole streets are rebuilt in a week, car ownership is soaring, education goes private and rural workers migrate to the cities in search of a better life. It is a transformation that has swept through the country since the first economic reforms of the 1980s, when Deng Xiaoping announced that China would have to 'let some of the people get rich first'. But while many have benefited under the new 'aspiration nation, ' others are struggling to keep up in what is now one of the most divided societies on earth. Former BBC correspondent Duncan Hewitt lives and works in China and has witnessed first hand the impact and speed of these vast social and economic upheavals. His timely book speaks with the voices of everyday people as they learn to adapt to one of the most rapid transformations in human history
"THE BOOK CHINA DOESN'T WANT YOU TO READ."--CNN​ A riveting insider's story of how the Party and big money work in China today, by a man who, with his wife, Whitney Duan, rose to the zenith of power and wealth--and then fell out of favor. She was disappeared four years ago. News of this book led to a phone call from Whitney, proof that she's alive. As Desmond Shum was growing up impoverished in China, he vowed his life would be different. Through hard work and sheer tenacity he earned an American college degree and returned to his native country to establish himself in business. There, he met his future wife, the highly intelligent and equally ambitious Whitney Duan who was determined to make her mark within China's male-dominated society. Whitney and Desmond formed an effective team and, aided by relationships they formed with top members of China's Communist Party, the so-called red aristocracy, he vaulted into China's billionaire class. Soon they were developing the massive air cargo facility at Beijing International Airport, and they followed that feat with the creation of one of Beijing's premier hotels. They were dazzlingly successful, traveling in private jets, funding multi-million-dollar buildings and endowments, and purchasing expensive homes, vehicles, and art. But in 2017, their fates diverged irrevocably when Desmond, while residing overseas with his son, learned that his now ex-wife Whitney had vanished along with three coworkers. This is both Desmond's story and Whitney's, because she has not been able to tell it herself.