“China's dramatic rise as a global economic power is one of the most important developments at the current world-historical conjuncture. Many have wondered how the rise of China will shape the world-historical trajectory of the twenty-first century Will China become the next hegemonic power? If yes, what would the new China-centered global system look like? if not, what would be the implications for the existing world-system?”

— Li Minqi

Source: The Rise of China and the Demise of the Capitalist World-Economy (2008), Chapter 1: Introduction to China and the Capitalist World-Economy

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Li Minqi4

Chinese economist 1969

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Source: The Rise of China and the Demise of the Capitalist World-Economy (2008), Chapter Two, "Accumulation, Basic Needs, and Class Struggle: the Rise of Modern China"

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