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Xi on Change.

A central premise of U.S. economic engagement with Beijing since President Richard Nixon's outreach during the Cold War has been that China would ultimately adopt a model like that of the United States and other Western powers. Premier Deng Xiaoping's efforts to open the Chinese economy to the West supported that story line. The collapse of the Soviet Union in 1989 led observers in the West to assume it was only a matter of time until the PRC fell in line.

Unfortunately, those assumptions are wrong. As China's President Xi Jinping said on Beijing's future in 2018: "We must resolutely reform what should and can be changed, we must resolutely not reform what shouldn't and can't be changed."

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Author:Mastel, G.
Publication:The International Economy
Date:Mar 22, 2019
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