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Summary
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The road ahead for capitalism in China
  • Two starkly contrasting possible futures exist for China: a market economy under the rule of law or crony capitalism.
  • The right way ahead lies in furthering economic, social, and political reform and comprehensively establishing and improving the free-market economic system.
  • To achieve these goals, China must force state-owned enterprises to behave more like private companies, end the discriminatory treatment of private companies, and ensure that the social system protects the weakest members of society.
  • Building a democratic society under the rule of law will be a main theme of reform in the years to come.
      


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