China’s Complexity Problem
There are many moving parts – economic, social, and geopolitical – in China’s daunting transition to what its leaders call a moderately well-off society, and the ultimate challenge may lie in managing the exceedingly complex interplay among them. Is China’s leadership up to the task, or has it bitten off more than it can chew?
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NEW HAVEN – There are many moving parts in China’s daunting transition to what its leaders call a moderately well-off society. Tectonic shifts are occurring simultaneously on several fronts – the economy, financial markets, geopolitical strategy, and social policy. The ultimate test may well lie in managing the exceedingly complex interplay among these developments. Is China’s leadership up to the task, or has it bitten off too much at once?