Speed Bumps on China’s Road to Modernization

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Presentation transcript:

Speed Bumps on China’s Road to Modernization Dr. James DeShaw Rae Speed Bumps on China’s Road to Modernization

The Land of Contradictions Communist theory but capitalist praxis Modern infrastructure but traditional notions Rule-breakers but hierarchical authoritarian tendencies Collective culture but individualistic society ‘Face’ and shame important but all are ‘in it to win it’ Inferiority complex with a great national arrogance

Managing Society: Generations, Gender, & Gifts Family: Gaikoufei, 4-2-1 Education: Gaokao, 2-1-1 Business: Guanxi, 8-8-8 Politics: Guojia, 80

China in the World Peaceful Rise and a Moderately Prosperous Society Needs high economic growth to raise living standards US production stay or go? Partner or competitor? Needs more natural resources to fuel economy Compete for access? Environmental catastrophe? Inflation? Needs stronger military to defend its economic interests New Cold War? Arms race? Strategic competition?