In this book, author Min Tang examines the political economy of the China-based leading global Internet giant, Tencent. Tracing the historical context and shaping forces, the book illuminates Tencent’s emergence as a joint creation of the Chinese state and transnational financial capital.
Tencent reveals interweaving axes of power on different levels, particularly interactions between the global digital industry and contemporary China. The expansion strategies Tencent has employed—horizontal and vertical integration, diversification and transnationalization—speak to the intrinsic trends of capitalist reproduction and the consistent features of the political economy of communications. The book also pinpoints two emerging and entangling trends— transnationalization and financialization—as unfolding trajectories of the global political economy.
Understanding Tencent’s dynamics of growth helps to clarify the complex nature of China’s contemporary transformation and the multifaceted characteristics of its increasingly globalized Internet industry. This short and highly topical research volume is perfect for students and scholars of of global media, political economy, and Chinese business, media and communication, and society.
Table of Contents
1. History and Context 2. Economic Profile 3. Political Profile 4. Cultural Profile
Min Tang is a lecturer in Media and Communication Studies and Global Studies at the School of Interdisciplinary Arts and Sciences, University of Washington Bothell. She holds a Ph.D. in communication from the University of Illinois at Urbana-Champaign. A critical political economy scholar, she studies how capitalist relations and power structures shape the provision system of communication and information in our society. Her current work examines information communication technologies (ICTs) as emerging sites of capitalist reproduction, with a focus on the Internet industry in China and the broadly defined Global South regions.