This feat by tightrope walkers 100m above the Pearl River in Guangzhou is nothing compared to the difficult balancing act China needs to achieve between political centralisation and economic decentralisation. Photo: Xinhua

How China’s balancing act between centralised control and local leadership will be critical to its future

Zhang Jun says while recent years have seen a pullback from the decentralised governance instituted in the Mao Zedong era, it risks stifling growth and innovation. The answer may lie in a system of downward accountability

Topic |   China economy

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This feat by tightrope walkers 100m above the Pearl River in Guangzhou is nothing compared to the difficult balancing act China needs to achieve between political centralisation and economic decentralisation. Photo: Xinhua
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