development model

Opinion: China Needs a True Change of Course

The Financial Times argues that China must seize the opportunity presented by its recently announced stimulus package to bolster consumer spending at home and abandon the development model it has used up until now, or else: The...

The Underestimated Party-State – Arthur Kroeber

Arthur Kroeber, the managing editor of China Economic Quarterly published following essay on the Financial Times: People in the rich world perturbed by China’s rise spend a great deal of time these days consoling themselves with a political fantasy. China’s economy may be growing fast, the argument goes, but unless that growth is matched by […]

Does Communism Work After All? – Andreas Lorenz and Wieland Wagner

From Spiegel Online: If the Middle Kingdom were not a country, but rather a giant company — let’s call it Red China, Inc. — then the Politburo would be its all-powerful board of directors. And if Hu were not a communist official but rather a capitalist corporate boss, he would find himself inundated with job […]

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