Markets in the Chinese countryside: the case of “rich Wang's village”

Social change in rural China is to be understood as a complex interaction of global effects, state and regional actions and competing systems of valuation. An important implication of this model of path dependence is the development of distinctive forms of markets in different regions of the country. One such distinctive model that is emerging in southern Inner Mongolia is based on the independent commodity production of milk (on small dairy farms) for large, capitalist dairy corporations. Yet this production system is also being challenged by the emergence of large, capitalist dairy farms in this region. The outcome of the competition between these two forms of production will depend on locally specific trajectories of costs and opportunities. The long run evolution of this production system is thus not plannable in advance and is locally contingent.