The 'Game' of Landed-Property Production and Capital Circulation in China's Transitional Economy, with Reference to Shanghai
Bibliographic Data
| ID | 4142248 |
|---|---|
| Authors | Fulong Wu (0000-0003-4938-6066, Cardiff University, corresponding author) |
| Year | 1999 |
| Volume | 31 |
| Issue | 10 |
| Pages | 1757-1771 |
| Publication date | 1999-10-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Environment and Planning A Economy and Space (JOURNAL) |
| Journal identifiers | ISSN: 0308-518X • E-ISSN: 1472-3409 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1068/a311757 |
| OpenAlex | W2106908919 |
| Language | EN |
| Citations received | 40 |
| References cited | 44 |
The complex process of landed-property production in postreform China is examined with reference to Shanghai. In the specific context of a transitional economy, where planned and market elements coexist, the flow of capital into and out of the built environment is not automatically conditioned by the production sphere, or relative profitability, as suggested by Harvey's original theory of capital switching in an advanced market economy, but rather is dependent upon active involvement of various agents or 'game players' with different vested interests and motivations. Attention is focused on intertwined local and global forces in the 'game' of production of new urban space. It is argued that capital circulation is the intrinsic dynamic rather than the precondition of the game. The new phase of urban development is characterised as property-led rather than industrial surplus-driven development. Specifically, I examine the role of central and local governments, state-owned enterprises, and foreign investors in urban land development and reveal that the predominant role of the state is now being substituted by complex interactions among these actors in a local context of globalisation
China · Economic system · Economics · Economy · Financial capital · Geography · Globalization · Human capital · Market economy · Means of production · Microeconomics · Planned economy · Political science · China's Socioeconomic Reforms and Governance · Engineering · Housing, Finance, and Neoliberalism · Urban and Rural Development Challenges
The great urban transformation
Urban Nostalgia, Regeneration, and Cultural Monopoly Rent
State restructuring and emerging patterns of subnational policy-making and governance in China and India
The puzzling heterogeneity of amenity capitalization effects on land markets
Land Development, Regulation Theory, and the Regional Economy in South China
Infrasture Investment in China
Toward a sociology of urban knowledge
Globalization, Place Promotion and Urban Development in Shanghai
Work, Home, and Market
Capital switching, spatial fix, and the paradigm shifts of China’s urbanization
Residential Mobility in a Changing Housing System
State power and environmental initiatives in China
Filtering Risk Away
Urban Transformation in China, 1949 – 2000
Urban Housing in China
China's Urban Housing Reform
The return of state control and its impact on land market efficiency in urban China
Urban spill over vs. local urban sprawl
Emerging Chinese new towns
Metropolitan spatial dynamics
China's recent urban development in the process of land and housing marketisation and economic globalisation
The nexus between (re)production of space and economic resilience
China's Changing Urban Governance in the Transition Towards a More Market-oriented Economy
The Emergence of the Urban Land Market in China
The ‘medical city’ and China’s entrepreneurial state
Economic Development in Shanghai and the Role of the State
Dilemmas of Local Governance under the Development Zone Fever in China
Industrial capitalisation and spatial transformation in Chinese cities
Decoding Urban Land Governance
The Global and Local Dimensions of Place-making
Housing Tenure And Residential Mobility In Urban China
Financing China's Suburbanization
Housing Provision under Globalisation
City Repositioning and Competitiveness Building in Regional Development
Land Commodification
Urbanization and Informal Development in China
Rethinking Real Estate Finance in the Wake of a Boom
Transnational urbanism interrupted
Transnational Migration and the Nationalization of Ethnic Identity among Japanese Brazilian Return Migrants
Social stratification in transitional economies
One step ahead in China
Communist Neo-Traditionalism
Urban life in contemporary China
China’s Transitional Economy
Establishing Urban Land Markets in the People's Republic of China
The Institutional Process of Market Clientelism
Toward a Theory of Gentrification A Back to the City Movement by Capital, not People
Urban fortunes
Organizational Dynamics of Market Transition
From Managerialism to Entrepreneurialism
Housing analysis
Urban Residential Redevelopment in the People's Republic of China
The Enabling Local State and Urban Development
The Rent Gap Re-examined
China's Urban Housing Reform
Changes in the Structure of Public Housing Provision in Urban China
The Restless Urban Landscape
Personal Contacts, Subcontracting Linkages, and Development in the Hong Kong-Zhujiang Delta Region
The condition of postmodernity
The New Urban Frontier
A Theory of Market Transition
Urban restructuring in China's emerging market economy
Four Types of Investment in Land and Property
Capital Switching and the Built Environment
Blood, Thicker than Water
Globalization and the Production of New Urban Spaces
Market Transition and the Persistence of Power
Big Build
Property Rights and Stratification in Socialist Redistributive Economies
The urban process under capitalism
The Rise of Manufacturing Towns
The New Land Development Process and Urban Development in Chinese Cities
Capital Switching and the Role of Ground Rent
Capital Switching and the Role of Ground Rent
The 1980s Property Boom
Seeking Competitive Advantage in an Emergent Open Economy
Adelaide's Heart Transplant 1970-88
Capital Switching and the Role of Ground Rent
Local Governments as Industrial Firms
| Unique citing works | 40 |
|---|---|
| Citations per year | 1,48 |
| Citation span | 1999 - 2026 (28) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 40 |