President Xi’s Singapore Lessons
There are times when muddling through is the right governing strategy, and there are times when a bold resetting of values and direction is required. We will soon find out whether President Xi Jinping and China’s other new leaders know what time it is.
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NEW YORK – China is at a crucial point today, as it was in 1978, when the market reforms launched by Deng Xiaoping opened its economy to the world – and as it was again in the early 1990’s, when Deng’s famous “southern tour” reaffirmed the country’s development path.