China's economic and political development in the past 40 years can best be understood as a relentless search to strike a balance between political control, market efficiency and social justice to sustain party legitimacy. These dynamics will continue to define its future directions.
To understand the complexity of this challenging task, it pays to look at the many turns on the road that led China to where it is today.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you