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China's Age of Abundance: Origins, Ascendance, and Aftermath.

Authors :
NATHAN, ANDREW J.
Source :
Foreign Affairs. Nov/Dec2024, Vol. 103 Issue 6, p193-193. 1/2p.
Publication Year :
2024

Abstract

Wang Feng's book "China's Age of Abundance: Origins, Ascendance, and Aftermath" offers a unique perspective on China's economic growth by focusing on consumption data rather than GDP. The book highlights the significant lifestyle changes in China over the past four decades, including increased meat consumption, luxury fashion market dominance, and advancements in various sectors like housing, transportation, and technology. Wang also discusses the role of rural labor in fueling China's economic growth and warns of potential challenges ahead, such as a shrinking labor force and political control impacting the country's future trajectory. [Extracted from the article]

Details

Language :
English
ISSN :
00157120
Volume :
103
Issue :
6
Database :
Academic Search Index
Journal :
Foreign Affairs
Publication Type :
Periodical
Accession number :
180421960