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Podcast: NBN Book of the Day
Episode: Nicholas Borst, "The Bird and the Cage: China’s Economic Contradictions" (Palgrave MacMillan, 2025)
Description: The Chinese Communist Party’s complex and contradictory embrace of capitalism has played a pivotal role in shaping China’s economic reforms since the late 1970s. The Bird and the Cage: China's Economic Contradictions (Palgrave MacMillan, 2025) explores the persistent tensions between state control and market forces in China. It shows how these tensions provide a framework to understand Xi Jinping’s recent efforts to tighten control over the Chinese economy. It also evaluates the broader implications of these policies for China’s economic trajectory and its global trade relationships.
Nicholas Borst is vice president and director of China resea...