Commentary
Evan A. Feigenbaum
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Source: Getty
In The Media
A Test of Political Will for China’s Leaders
China’s new leaders have an intellectual understanding of the challenges of economic reform, but changing the status quo will require real political will to overcome opposition from vested interests.
Published on Nov 13, 2012
Source: CNBC
Speaking on CNBC, Carnegie's Evan Feigenbaum explained that Chinese leaders understand intellectually that the task of economic rebalancing is important. This tough reform process will be intrinsically political, he said. Vested interests, many of them state actors who have benefited from economic growth and become more powerful in the last ten years, will oppose changes to the status quo. Such domestic struggles will also shape China’s actions on the international stage, Feigenbaum concluded.
About the Author
Evan A. Feigenbaum
Vice President for Studies
Evan A. Feigenbaum is vice president for studies at the Carnegie Endowment for International Peace, where he oversees work at its offices in Washington, New Delhi, and Singapore on a dynamic region encompassing both East Asia and South Asia. He served twice as Deputy Assistant Secretary of State and advised two Secretaries of State and a former Treasury Secretary on Asia.
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Recent Work
Carnegie India does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
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