Noah Smith on the Future of the Chinese Economy and the Climate of Social Change in the US
Macro Musings with David Beckworth
China After Dung
Dung handpicked his successor and his successor successor, Jiang Zemin and Hu Jintao. It was foreordained that those people would be in charge of China after Dung was gone. And they carried on his program. They basically made the same bargain that successful industrializing parties and industrializing leaders make with their people in times of rapid industrialization and growth. That worked. This will not happen again. If this unrest reaches a large level, and I have no idea if it will, it might just be her out, it might have already petered out. But if it reaches a largelevel or if a subsequent wave of unrest reaches alarge level, Xi Jinping doesn't
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