The Western press is rife with stories about China’s growing conservatism, reflected by an ongoing crackdown on free speech by Chinese authorities as well as a Maoist revival in the interior provinces. In our alarm, we imagine the worst of all possible outcomes: an all-powerful Chinese economy lorded over by a political system that somehow reverts to its communist-era politics of open antagonism with the West. While there are powerful structural dynamics that work against this combination, we should nonetheless not fear it. To the extent that China’s economic trajectory is threatening to stall out, as it inevitably must at […]
The New Rules: China’s ‘Great Leap Backward’ No Cause for Alarm
