The new 'comprador class' : The re-emergence of bureaucratic capitalists in post-Deng China

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalNot applicablepeer-review

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Original languageEnglish
Pages (from-to)812-827
Journal / PublicationJournal of Contemporary China
Volume22
Issue number83
Publication statusPublished - 2013

Abstract

The past two decades have witnessed increasing use of the concept of 'bureaucratic capitalism' to explain various endemic problems in China, including corruption and social inequalities. Yet, scant attention has been paid to the rise of key bureaucratic capitalists and the state corporations under their control. Neither has there been adequate discussion of the recent form of bureaucratic capitalism in contradistinction to that of the previous forms evolving in the republican and early reform periods. In question therefore is a small circle of bureaucratic bourgeoisie who are children, close relatives or protégés of top political leaders. They have come to control key state-corporation apparatuses, and some of whom possess close ties with the military. In conclusion, the future implications of this emergent form of bureaucratic capitalism on Chinese politics will also be discussed. © 2013 Taylor & Francis.