Carnegie Endowment for International Peace
The Carnegie China program held a breakfast seminar during which Dr. Minxin Pei analyzed the CCP's strategy of "illiberal adaptation," one that maximizes the resources of the state to co-opt new social elites, neutralize emerging societal threats, and ward off external pressures for reform.
See what these leading experts have to say on such key questions as, are the United States and China on a collision course? And, what are the economic and strategic implications of China's transformation?
Governments in Asia, Latin America, and Central and Eastern Europe watch the Chinese export machine and worry about keeping their manufacturing jobs at home. The anxiety is understandable, but a closer look suggests that China's success will help, not hurt, most developing countries.
For all its success, China is still not living up to its potential. Given China's ample opportunities and investment, it should have raised its living standards even faster than it did. Nevertheless, China's economic boom could well be in its middle, not its end.