The Chinese Fintech Boom and the Consolidation of Recentralized Authoritarian Capitalism

Autor:	Chiu-Wan Liu
Rok vydání:	2021
Předmět:	Consolidation (business) Sociology and Political Science Political science Political economy Geography Planning and Development Authoritarianism Capitalism Boom
Zdroj:	Asian Survey. 61:971-998
ISSN:	1533-838X 0004-4687
DOI:	10.1525/as.2021.1428111
Popis:	This study analyzes the rise of DC/EP (digital currency electronic payment) in China by proposing the concept of “recentralized authoritarian capitalism.” It first examines how recentralized authoritarian capitalism started in 2010 in the form of a recentralizing of regulations. After considering how the fintech firms have restructured their shareholding in response to the recentralizing regulations, I delineate how these firms further strengthen recentralized authoritarian capitalism, as exemplified by how Alipay has helped realize the Party’s plan to launch DC/EP.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::541c1b0b2a2fb776d9dbfdb0e5688a8e https://doi.org/10.1525/as.2021.1428111 Zobrazit plný text záznamu