U.S. Role

U.S. & China
As the Hu visit dominates the headlines the U.S. media is focusing on the issue of U.S. trade with China. In a Financial Times op-ed (China Is Stagnating in Its "Trapped Transition"), Minxin Pei, Senior Associate at the Carnegie Endowment for International Peace, looks at the anomalies in China's economic and political transitions. Although China was an initial pioneer in embracing market reforms, Pei suggests that China has now fallen behind in terms of privatization, regulation, and the rule of law.

posted by Joel @ 10:31 AM