China’s Troubled Transition
At the same time that the oil exporting countries are becoming more repressive, China knows that the kind of innovative, vibrant economy it needs is not possible in a totalitarian state. However, Chinese leaders are also acutely aware that the totalitarian model has played a key role in keeping the Communist Party in firm control. Because of these contradictions, China is stretched to it limits, trying to balance forces that threaten to tear it apart. Where is all this leading, and what does it mean for investors, managers, and the world? We’ll show you.
