Ho-fung Hung is Professor in Political Economy at the Sociology Department and the Paul H. Nitze School of Advanced International Studies of the Johns Hopkins University. He is the author of The China Boom: Why China Will Not Rule the World and Protest with Chinese Characteristics: Demonstrations, Riots, and Petitions in the Mid-Qing Dynasty.

April 11, 2024

Analysis

The Electric Vehicle Developmental State

BYD exemplifies transformations in Chinese industrial policy

The rise of the Chinese EV industry has been enabled not only by generous government subsidies but also by profound changes in strategy and organization, and in particular by a distinctive revival of vertical integration—at both individual firm and national…

November 12, 2021

Analysis

Growth Towns

The Evergrande crisis, “common prosperity,” and the transformation of the Chinese growth model

The ongoing crisis for Chinese property developer Evergrande has made the giant company the focal point of global concern. Creditors, investors, contractors, customers, and employees of Evergrande within and outside China have watched anxiously to see whether the Chinese government would…

July 2, 2021

Analysis

Repressing Labor, Empowering China

Cheap money will boost inequality and geopolitical tension but not inflation

Though the lockdown in 2020 threw many workers out of work, the big fiscal stimulus, fueled by government debt and an unprecedentedly large monetary expansion, offered stimulus checks and elevated unemployment benefits to millions of Americans.

April 2, 2021

Phenomenal Works

Phenomenal Works: Ho-fung Hung

Rereading Imperialism for twenty-first century tensions

Ho-fung Hung investigates the role of economic development in state formation and global power, with a specific focus on China and East Asia.