Abstract
This article examines how China deals with the global crises. China’s policies to counter the crises rely on maintaining investment-led growth, which, however, has incurred an overexpansion of credits and serious debts similar to those of the West entering the era of financial capitalism. The current challenge is whether China can deploy the strategy of rural vitalization to turn to ecological civilization.
Original language | English |
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Pages (from-to) | 368-387 |
Number of pages | 20 |
Journal | Agrarian South: A Journal of Political Economy |
Volume | 9 |
Issue number | 3 |
Early online date | 24 Dec 2020 |
DOIs | |
Publication status | Published - Dec 2020 |
Bibliographical note
Publisher Copyright:© 2020 SAGE Publications.
Keywords
- US-China relations
- financialization
- dollar hegemony
- debt trap
- rural vitalization