« The Chinese Economy—Posner | Main | Should the European Union Emulate Japan's Inflationary Monetary Policy?—Posner »

05/26/2013

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

B Wilds

You made many important points but I feel a massive problem holding China back is the issue of corruption. The cost of corruption is incalculable. "Crony communism" and the corruption that comes with it undermines social stability and sparks tens of thousands of protests each year. It contributes to China’s environmental degradation, deterioration of social services, rising cost of health care,housing, and education. China’s corruption also harms Western economic interests, particularly foreign investors who risk environmental, human rights, and financial liabilities, and must compete against rivals who engage in illegal practices to win business in China. A post on my blog site goes into more detail,

http://brucewilds.blogspot.com/2013/04/china-and-corruption.html

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Become a Fan

May 2014

Sun Mon Tue Wed Thu Fri Sat
        1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31