China’s Leadership Transition Hindering Effective Governance

For the third year running, China’s upcoming National People’s Congress will be dominated by political maneuvering and speculation over the 2012 leadership transition. With jockeying for post-2012 power an increasing focus of attention, the outgoing Hu-Wen administration has lost influence, effectively putting the government on lockdown at a time of critical economic and social change. As a result, Beijing has opted to flood the economy with new credit rather than engage necessary structural reforms, creating an increasing disparity between the country’s halting social progress and the image portrayed in government propaganda. Since Deng Xiaoping’s oft-cited instruction that China’s process of […]

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