The Chinese governance system: Impressive strengths and appalling flaws

Chinese development model has produced a rapid pace of economic growth over the last three decades and lifted hundreds of millions of people above the poverty line

Pranab Bardhan 

This is the 40th anniversary of the onset of economic ‘reform and opening-up’ (gaige kaifang) in China under the leadership of Deng Xiaoping, which eventually led to a dramatic transformation of its economy and global status.

It is, however, remarkable that China’s current supreme leader, Xi Jinping, marked the anniversary in a speech in the Great Hall of People in Beijing mainly emphasizing the Party’s pervasive control. It is also remarkable that in recent years this leadership seems to have forsaken Deng’s earlier advice of tao guang yang hui ...

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First Published: Sat, February 16 2019. 21:06 IST