Expanding the Legacy
Expanding the Legacy
What goes up doesn’t necessarily have to come down. A case in point: China. The last time the country’s GDP contracted was in 1976 (-1.57%) – the year both Mao Zedong and Zhou Enlai passed away, the Cultural Revolution collapsed with the denunciation and purge of the Gang of Four,...
Amongst political philosophers, it has of late become fashionable to hail China as a model of effective governance. The country’s rapid development – according to the World Bank the fastest sustained growth of a major economy ever in world history – seems to imply that it has found an alternative,...
It is barely a secret that the ruling caste of present-day China seeks to return the country to its former magnificence, lost during the ‘Century of Humiliation’ (1839-1949). This was when Japan and the great western powers unceremoniously carved up the Middle Kingdom. Such a broad policy objective is eminently...
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