China has provided strong policy support for Farmers’ Cooperatives (FCs) in a bid to achieve its agricultural ambitions; however, scholars are divided on their contribution. Based upon three in-depth case studies, we interrogate the simple dichotomies used to describe FCs in China – authentic/inauthentic and failed/successful – arguing that FCs can have beneficial implications for smallholder livelihoods regardless of their organisation, operation and viability. Our research finds that local leadership and smallholder-led initiatives are more important than the authenticity and success of local FCs. We therefore call for a more nuanced understanding of the value of FCs and propose that resources should be diverted to other smallholder-led avenues to sustain China's rural development.