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Economic Research

The People's Republic Turns 60: A New Era for China?

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The celebration of Communist China’s 60th anniversary, which marks a full cycle in the Chinese calendar, will highlight the country’s rising economic and geopolitical status. China’s modernizing army will parade the nation’s growing geopolitical clout before the world, and the sheer scale of the spectacle (imagine a militarized version of the Olympic opening ceremony) will leave little doubt about its economic recovery.  But while the world will be watching, the show is really for a domestic audience.

Vice President Xi Jinping, tapped by the Chinese Communist Party (CCP) to[...]

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