The Waning Beijing Consensus

The Waning Beijing Consensus

In Hong Kong, political leaders are telling businesses to worry about local citizens' demands for greater democracy. In Thailand, in contrast, there are signs that businesses are starting to wish they had democracy back after a military coup unseated an elected government last month. Meanwhile, businesses in Japan and India have some reason to cheer cautiously as voters have brought to office politicians of more or less reformist stripes.

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