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January 29, 2016


Warren Liu

Like Andrew, I would hesitate to question the viability of China's economic prospect, based on economic performance delivered in recent few decades. However, there is also no denial that, to continue economic success, China faces new and increasingly complex challenges, most of which will require the cooperation of governments large and small, far and near.

Under these circumstances, for China to flex its muscle prematurely would only bring about anxiety, fear, frontal and behind-the-back attacks from those whose interests are threatened by China's rise.

As such, perhaps Xi should heed Deng's four-letter-words of wisdom?

Furthermore, instead of tightening up, Is Xi wise enough to see that, without major political reform, China will never be able to tap into her full economic potential, and reach her "dream"?

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