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Variegated Capitalism, Chinese Style: Regional Models, Multi-scalar Constructions

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  • Jun Zhang
  • Jamie Peck

Abstract

Z hang J. and P eck J. Variegated capitalism, Chinese style: regional models, multi-scalar constructions, Regional Studies . The paper explores tensions between the varieties of capitalism framework and the heterogeneous particularities of the Chinese case. Rather than forcing the Chinese model into analytical boxes derived, primarily, from analyses of European and North American capitalism, this complex formation more appropriately can be understood to exist in a 'triangular' relationship with the two conventional poles of varieties scholarship, the US-style 'liberal market' economy and the German-style 'coordinated market' economy. Furthermore, the substantial degree of internal (regional) heterogeneity evident in the Chinese case calls into question those models of capitalism that focus narrowly on institutional coherence at the national scale. Illustrating this point, a range of 'sub-models' of Chinese capitalism is examined: regional styles of capitalist development that remain distinct from one another, and deeply networked into a range of global production networks, and 'offshore' economies, just as they remain, to some degree, distinctively Chinese.

Suggested Citation

  • Jun Zhang & Jamie Peck, 2016. "Variegated Capitalism, Chinese Style: Regional Models, Multi-scalar Constructions," Regional Studies, Taylor & Francis Journals, vol. 50(1), pages 52-78, January.
  • Handle: RePEc:taf:regstd:v:50:y:2016:i:1:p:52-78
    DOI: 10.1080/00343404.2013.856514
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    References listed on IDEAS

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    1. Crouch, Colin & Voelzkow, Helmut, 2009. "Innovation in Local Economies: Germany in Comparative Context," OUP Catalogue, Oxford University Press, number 9780199551170, Decembrie.
    2. Schmidt, Vivien A., 2002. "The Futures of European Capitalism," OUP Catalogue, Oxford University Press, number 9780199253685, Decembrie.
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    4. Tan, Hao & Thurbon, Elizabeth & Kim, Sung-Young & Mathews, John A., 2021. "Overcoming incumbent resistance to the clean energy shift: How local governments act as change agents in coal power station closures in China," Energy Policy, Elsevier, vol. 149(C).
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    7. Mengzhu Zhang & Si Qiao & Xiang Yan, 2021. "The secondary circuit of capital and the making of the suburban property boom in postcrisis Chinese cities," Environment and Planning A, , vol. 53(6), pages 1331-1355, September.
    8. Xiaohui Hu & Robert Hassink, 2017. "Exploring adaptation and adaptability in uneven economic resilience: a tale of two Chinese mining regions," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 10(3), pages 527-541.
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    11. Binz, Christian & Gosens, Jorrit & Hansen, Teis & Hansen, Ulrich Elmer, 2017. "Toward Technology-Sensitive Catching-Up Policies: Insights from Renewable Energy in China," World Development, Elsevier, vol. 96(C), pages 418-437.
    12. Jeffrey Henderson & Magnus Feldmann & Nana de Graaff, 2021. "The Wind from the East: China and European Economic Development," Development and Change, International Institute of Social Studies, vol. 52(5), pages 1047-1065, September.
    13. Miles Kenney-Lazar & SiuSue Mark, 2021. "Variegated transitions: Emerging forms of land and resource capitalism in Laos and Myanmar," Environment and Planning A, , vol. 53(2), pages 296-314, March.
    14. Xiaorui Xin & Ivo Mossig, 2021. "Governments and Formal Institutions Shaping the Networks of Co‐Production in the Chinese and German Film Industries," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 112(3), pages 220-238, July.
    15. Zeng, Chen, 2019. "Spatial spillover effect on land conveyance fee—A multi-scheme investigation in Wuhan agglomeration," Land Use Policy, Elsevier, vol. 89(C).
    16. Ingo Liefner & Sabine Jessberger, 2016. "The use of the analytical hierarchy process as a method of comparing innovation across regions: The examples of the equipment manufacturing industries of Shanghai and Xiamen, China," Environment and Planning A, , vol. 48(6), pages 1188-1208, June.
    17. Mingshu Wang & Ben Derudder & Xingjian Liu, 2019. "Polycentric urban development and economic productivity in China: A multiscalar analysis," Environment and Planning A, , vol. 51(8), pages 1622-1643, November.

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