Learning from China
Despite 40 years of unprecedented economic growth, Chinese leaders' efforts to promote their development model have run up against political suspicion. But it makes little sense for countries to reject outright the lessons of China’s economic miracle, and deepening hostility between China and the West is in nobody’s interest.
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BEIJING – Since beginning its reform and opening up 40 years ago this month, China has been a very good student. And now, after four decades of rapid development, the country is increasingly presenting itself as a teacher. As it commits more capital abroad, it has a strong interest in how countries where it invests are run. But is the world ready to learn from it?