Economy Of China Essay

Economy Of China Essay-38
All that growth helped some 800 million people lift themselves out of poverty; along the way, China also reduced its infant mortality rate by 85 percent and raised life expectancy by 11 years.What made these achievements all the more striking is that the Chinese government accomplished them while remaining politically repressive—something that historical precedent and political theory suggest is very, very difficult.Indeed, more members of the Communist Party’s powerful Central Committee have been disciplined since 2012 than in the entire period dating back to the Communist Revolution.

All that growth helped some 800 million people lift themselves out of poverty; along the way, China also reduced its infant mortality rate by 85 percent and raised life expectancy by 11 years.What made these achievements all the more striking is that the Chinese government accomplished them while remaining politically repressive—something that historical precedent and political theory suggest is very, very difficult.Indeed, more members of the Communist Party’s powerful Central Committee have been disciplined since 2012 than in the entire period dating back to the Communist Revolution.

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First, in the name of fighting corruption—an important goal and one China badly needs—he has purged a vast number of officials whose real crime, in Xi’s view, was failing to show sufficient loyalty to the paramount leader.

Meng Hongwei, the Interpol chief who China abruptly detained two weeks ago, is just the latest, high-profile case; his story is hardly unusual.

For 35 years or so—from the time Mao died and Deng Xiaoping launched his reforms in the late 1970s until Xi assumed power in 2012—China avoided many of these pitfalls and defied the law of political averages by building what scholars have called an “adaptive authoritarian” regime.

While remaining nominally communist, the country embraced many forms of market capitalism and a number of other liberalizing reforms.

On balance, however, they will have disastrous long-term consequences for his country and the world.

Perhaps the most unusual feature of the system Deng created was the way it distributed power among various leaders.On balance, however, Xi’s campaign will have disastrous long-term consequences for his country and the world.Xi’s efforts may boost his own power and prestige in the short term and reduce some forms of corruption.In the place of a flawed but highly successful system, he is erecting a colossal cult of personality focused on him alone, concentrating more power in his hands than has any Chinese leader since Mao Zedong.In the short term, Xi’s efforts may make China seem less corrupt and more stable.No wonder, then, that the China scholar Orville Schell describes this record as “one of the most startling miracles of economic development in world history.” The miraculous quality of China’s achievements makes what is happening in the country today especially tragic—and alarming.Under the guise of fighting corruption, President Xi Jinping is methodically dismantling virtually every one of the reforms that made China’s spectacular growth possible over the last four decades.Power is held by a very small number of individuals.To maintain their power, those individuals repress dissent and rule by intimidation.Because bureaucrats and citizens live in fear, they compete to flatter their bosses.Nobody tells the truth, especially when it could make them or their leaders look bad.

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