Managed Chaos reads into the resounding events of Chinese politics and economy, ending the schizophrenia that the readers have lived with. It delves deep into both elements: the economic narrative that China has sustained a near 10 percent growth rate for 30 years and the political narrative that China is an increasingly fragile state, trapped in an incomplete transition from a totalitarian to a democratic market economy. For the first time, in his reading of China, the author consolidates this paradox by inferring that the cause behind both the growth and the political discontent is the politics of China.

Conflicting Views on China's Development

Conflicting views on China's development

China's growth has dazzled the world. But, paradoxically, the shimmer of success that surrounds it has become the principal obstacle to assessing its sustainability for it has prevented the construction of a single, coherent narrative of its economic transformation, explaining both its successes and its failures. Instead, there are at least two narratives (with elements of third interwoven into one of them) that are largely inconsistent. The first is a narrative of relentless, purposeful growth, as a dedicated leadership guides China's transition from a state-owned and centrally planned economy to a privatized and highly competitive market economy. To do this, the leadership has seized the opportunity provided by globalization to turn China into the consumer goods ...

  • Loading...
locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles