In his new book The Myth of Chinese Capitalism, Dexter Tiff Roberts describes 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 discusses 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. He also talks about how these internal challenges will likely lead to an even more troubled relationship between China, the U.S., and the world.
Book talk recording can be viewed here.