It is becoming increasingly harder for China to navigate the contradictions between authoritarianism and freewheeling capitalism.
For Beijing, the tycoon class can never rise above the party
Niv Horesh and Kean Fan Lim consider the Chinese government’s challenge of navigating the tension between its authoritarian heart and the private-sector capitalism needed for the country’s growth
Topic |
China economy
It is becoming increasingly harder for China to navigate the contradictions between authoritarianism and freewheeling capitalism.