1481. The Influence and Illusion of China's New Left
- Author:
- Wen Jin Yuan and Charles W. Freeman
- Publication Date:
- 12-2012
- Content Type:
- Journal Article
- Journal:
- The Washington Quarterly
- Institution:
- Center for Strategic and International Studies
- Abstract:
- The 2008 global financial crisis was a wake-up call for China's leadership about the potential limits of the free market system to achieve optimum development policy outcomes. The 30-year consensus among China's leadership has been that economic policy should be primarily market-centric and efficiency-first. However, there is now a growing divergence of opinion among Chinese intellectuals on whether China should continue this fundamental course.
- Political Geography:
- China