April 29, 2012

China's Dilemma: Power vs. Freedom

James Dorn, Forbes

AP Photo

In China the surest path to riches is through power; in America it is through freedom. The Chinese Communist Party's all-encompassing hold on political power and its control of the commanding heights of the economy mean that those who hold power are privileged in the race to the top of the economic ladder. Even with more than three decades of economic reform, political reform has seriously lagged.

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TAGGED: China

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