ABSTRACT
Chapter Six ‘follows the money’. It maps the controversy that unfolded over the access to money and relations (guānxì) in Chinese wind power development during a phase of consolidation and the liquidity crisis that followed. The restraint on liquidity destabilised relations in the Sino-foreign wind turbine component supply chain, strengthening the role of Chinese ‘agents’ that ‘lubricate’ Sino-foreign relations through government guanxi. The chapter reveals the wind power sector's entanglement in the Chinese ‘system problem’ - the lack of a ‘pure market economy’ - in contested boundaries blurred between state and business, and in the legacy of China's ‘growth model’.
