fredag 4. oktober 2024

Elizabeth Economy: The 75-Year Quest to Make China Great Again

The transformation of the People’s Republic of China (PRC) over the past 75 years from an impoverished, war-torn nation to a global power is an impressive story of both modern state-building and the creation of a new center of power in the international system. At home, the Chinese Communist Party (CCP) has ruled without significant opposition since the country’s inception, hundreds of millions of Chinese have moved out of poverty, and the economy has grown on average 9 percent per year for over four decades. Internationally, the PRC has become the world’s largest trading power, boasts the world’s largest military, and is a leading innovator in critical technologies such as electric vehicles, 5G, and artificial intelligence.