For decades, developing nations looked to American democracy and capitalism as the basis on which to build their societies. But now rising nations think they’ve found a better role model – China. What about the Chinese system appeals to aspiring governments? What lessons from the Soviet collapse have China taken to heart? And why is China very vulnerable to internal failure despite its incredible growth in recent years? We ask Stefan Halper, a veteran of the Nixon, Ford and Reagan administrations and author of “The Beijing Consensus”.
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