Chapter 1 The Hybrid Model at the Heart of a Vibrant New China
How can we explain China’s extraordinary and unanticipated emergence over the past four decades? Why did the ruling Chinese Communist Party (CCP) shed old dogmas and boldly lead the reforms that have permitted China’s economic takeoff? How was China, against all the odds, able to throw off the heavy burden of historical legacies, both ancient and modern, and achieve progress that has stunned the world? How has China moved from “perpetual poverty”1 to a situation where its companies can compete in global markets?
The answers lie in understanding what we term the China paradox, an unlikely balancing act or equilibrium between forces, motivations, and interests that under other circumstances ...
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