Event: CRC Lecture: The Myth of Chinese Capitalism
China Research Center Public Lecture
Co-Sponsored by The Center for International Business Education and Research at Georgia Tech
The Myth of Chinese Capitalism: China’s Troubled Transition from Factory of the World to Superpower
By Dexter Roberts
Friday, Sept 18, 11:00 a.m. – 12:30 p.m.
Blue Jeans virtual meeting; registration required
Meeting URL: https://bluejeans.com/200204418
Moderator: John R. McIntyre, Professor of Management & Founding Director of the Georgia Tech CIBER
Abstract: As discussed in his new book The Myth of Chinese Capitalism, Dexter Roberts will describe how surging income inequality, an unfair social welfare system, and rising social tensions block China’s continued economic rise with implications for companies and countries around the world. He will discuss how China is struggling to leave behind its "Factory to the World" growth model, and include its hundreds of millions of left-behind migrant workers into a more innovative, consumption-driven economy and why that means China may not become the superpower the world expects. He will also discuss how COVID-19 has exacerbated the already huge social disparities in China further complicating its ongoing economic transition and putting it at risk of falling into the middle-income trap. He will discuss how global supply chain diversification is affecting China and the implications of a Trump administration turning its back on engagement while a Xi Jinping-led China is determined to pursue a “wolf warrior” assertive approach to the world.
Dexter Roberts is an award-winning writer and speaker on China now serving as a Nonresident Senior Fellow at the Atlantic Council and a Fellow at the University of Montana's Mansfield Center. Previously he was China bureau chief and Asia News Editor at Bloomberg Businessweek, based in Beijing for more than two decades. Roberts' first book, The Myth of Chinese Capitalism: The Worker, the Factory, and the Future of the World, was published by St. Martin's Press in March 2020. He also publishes a weekly newsletter called Trade War.