May 4, 2023

The Myth of Chinese Capitalism: The Worker, The Factory, and the Future of the World. Talking with author Dexter Tiff Roberts

The Myth of Chinese Capitalism: The Worker, The Factory, and the Future of the World. Talking with author Dexter Tiff Roberts

The growing wealth gap between urban and rural China. And 300 million migrant workers find few opportunities for advancement beyond a factory job because of strict domestic registration rules that make migrants second class citizens in the big coastal cities like Shanghai or the capital Beijing.

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Dexter Roberts worked as a journalist for Bloomberg Businessweek in their Beijing bureau for over 20 years. He brings a unique perspective and is able to draw back the curtain on the Chinese economy, in particular the growing wealth gap between wealthy urban middle classes and impoverished rural dwellers. The 300 million migrant workers who were drawn to factory jobs in coastal cities are often left in a no man's land of uncertainty because of Hukou registration tying them to their poor, native rural villages for social benefits.

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