Photo: Christopher McNallyChristopher McNally, Ph.D.

Professor, Historical and Political Studies
Division of Humanities and Fine Arts
(808) 739-8367

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Christopher A. McNally is a Professor of Political Economy at Chaminade University and Adjunct Senior Fellow at the East-West Center in Honolulu, USA. His research focuses on comparative capitalisms, especially the nature and logic of China’s capitalist transition and Sino-Capitalism. He is also working on a research project that studies the implications of China’s international reemergence on the global order.

He has held fellowships conducting fieldwork and research at the Asia Research Centre in West Australia, the Institute of Asia Pacific Studies at the Chinese University of Hong Kong, and at the Shanghai Academy of Social Sciences. He received his Ph.D. in political science from the University of Washington. He has edited four volumes, including an examination of China’s political economy: China’s Emergent Political Economy – Capitalism in the Dragon’s Lair (Routledge, 2008). He also has authored numerous book chapters, policy analyses, editorials, and articles in journals such as Business and Politics, Communist and Post-Communist Studies, International Politics, Review of International Political Economy, and World Politics.

Academic Degrees

B.A. – University of California, Berkeley, USA, Asian Studies, December 1988
M.A. – University of Washington, Seattle, USA, Political Science, March 1994
Ph.D. – University of Washington, Seattle, USA, Political Science, August 2000


Editorships (selected):

“Rebalancing China’s Political Economy,” guest editor (with B. Luethje) of a special issue in the Journal of Contemporary Chinese Affairs, no. 4, 2013, German Institute of Global and Area Studies, Hamburg, Germany; available at:

Cross-Border Governance in Asia – Regional Issues and Mechanisms, co-editor (with G. Shabbir Cheema and Vesselin Popovski), Tokyo: United Nations University Press, 2011 (ISBN: 978-92-808-1193-3).

China’s Emergent Political Economy – Capitalism in the Dragon’s Lair, sole editor and contributor, London and New York: Routledge, 2008 (ISBN: 978-0-415-42572-8); published as a paperback in July 2009 (ISBN: 978-0-415-49718-3).

Journal Articles (since 2012):

“Rebalancing the Economy, Refurbishing the State: The Political Economic Logic of Sino-Capitalism in Contemporary China,” forthcoming in Revue de la regulation: Capitalisme, Institutions, Pouvoirs (Regulation Review: Capitalism, Institutions, Processes)

“A Novel Pathway to Power? Contestation and Adaptation in China’s Internationalization of the RMB,” with Julian Gruin, Review of International Political Economy, vol. 24, issue 4, 2017,  pp.  599-628; published online on May 5, 2017 at:

“Is Global Finance Adapting to the Renminbi?” with Julian Gruin, East Asia Forum, 7 September 2016, available at:

“The Political Economic Logic of RMB Internationalization: A Case Study in Sino-Capitalism,” International Politics, vol. 52, no. 6, November 2015, pp. 704-723.

“China’s Hidden Obstacles to Socioeconomic Rebalancing,” with Boy Lüthje, AsiaPacific Issues, no. 120, October 2015; available at:

“Refurbishing State Capitalism: A Policy Analysis of Efforts to Rebalance China’s Political Economy,” Journal of Contemporary Chinese Affairs, no. 4, December 2013, pp. 45-71.

“Rebalancing China’s Emergent Capitalism: State Power, Economic Liberalization and Social Upgrading,” with Boy Luethje and Tobias ten Brink, Journal of Contemporary Chinese Affairs, no. 4, December 2013, pp. 3-16.

“The Challenge of Refurbished State Capitalism: Implications for the Global Political Economic Order,” Der Moderne Staat (The Modern State), vol. 6, no. 1, June 2013, pp. 33-48; available at:

“How Emerging Forms of Capitalism are Changing the Global Economic Order,” AsiaPacific Issues, no. 107, February 2013, pp. 1-8.

“Sino-Capitalism: China’s Reemergence and the International Political Economy,” World Politics, vol. 64, issue 4, October 2012, pp. 741-776.

Book Chapters (since 2012)

“Tracing the Emergence of Sino-Capitalism: Social Change and Development in Contemporary China,” forthcoming in Ronaldo Munck and Honor Fagan, eds. The Handbook on International Development and Social Change, Cheltenham, UK: Edward Elgar Press

“Sino-Capitalism: China’s Reemergence and the International Political Economy,” in Shaun Breslin, Carla Freeman, and Simon Shen, eds. China and the WorldVol. 6: China and the Global Economy (Sage Library of International Relations), London: SAGE Publications, 2014.

“The Evolution and Contemporary Manifestations of Sino-Capitalism,” in Uwe Becker, ed. The BRICS and Emerging Economies in Comparative Perspective – Political Economy, Liberalisation and Institutional Change, London and New York: Routledge, 2014, pp. 53-78.

“A Macro-Historical Analysis: Globalization, Party-State, and Capital in China’s Emergent Capitalism,” in Masanobu Ido, ed. Varieties of Capitalism, Types of Democracy and Globalization, London and New York: Routledge, 2012, pp. 169-192.

Teaching and Research Interests

Political Economy: The comparative political economy of the ideas, interests, and institutions underlying formations of capitalism; theoretical foundations of political economy; the international political economy; the political economy of development; capitalism and the global environment; China’s evolving political economy; the political economy and history of financial systems.

Comparative Politics and International Relations: Introduction to politics; comparative politics; international political economy; state-society relations; theories of the state and state formation; the rise and fall of great powers.

Regional Specialization: East Asian political economy; problems and issues of contemporary Chinese politics; Chinese foreign policy; China-US relations; Sino-capitalism and the emerging world order.

Business Specialization: Comparative business systems; the history of finance, central banking, and currency systems; the global financial crisis of 2008; Chinese business and management systems; China-US business relations.


Cantonese – equivalent to native; Mandarin – equivalent to native; German – native; English – native; French – basic reading and speaking knowledge; Latin – reading knowledge; Spanish – basic communication skills.