Drawing upon a sample of 772 migrant children and their parents in Shanghai, China, this study investigated how the interactions of social capital embedded in a range of social contexts (i.e., family, school, peer, and community) influenced the psychosocial adjustment of Chinese migrant children. Results of multiple-group structural equation modeling revealed a moderating effect of community social capital on the associations between other dimensions of social capital and child psychosocial adjustment. Family social capital showed stronger effects when there was higher community social capital, while school social capital appeared to be most influential for children with lower community social capital. Peer social capital showed comparable effects on psychosocial adjustment regardless of the stock of community social capital, but was most important for children with limited resources in both the community and school. Implications of the research findings for theory, practice, policy and future research are discussed. © 2011 Wiley Periodicals, Inc.

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