China’s rise defies the monolithic authoritarian view; its actions reflect politics, economics, history, regional priorities, warning against flawed policy.
The collapse of the Soviet Union raises a central question: could reform have preserved it? Interpreted on China’s terms, the contrast is clear. China survived prolonged upheaval by undertaking systemic transformations that built not only industrial capacity but a resilient industrial ecosystem, balanced authority with internal checks, and fostered strategic autonomy. These foundations allowed later … Read more
China’s state-led capitalism operates through a dual-track system that distinguishes market-driven enterprises from state-function entities. Firms overseen by the State-owned Assets Supervision and Administration Commission (SASAC) compete, generate profits, and undergo market-oriented restructuring, while a parallel set of state-owned enterprises (SOEs) under the Ministry of Finance function as instruments of national policy, safeguarding fiscal stability, … Read more
China will still generate major, highly successful companies, but they are more likely to arise from capital-driven growth and platform expansion—such as ByteDance or Tencent—rather than from the kind of organically built industrial powerhouse represented by Huawei. The specific historical, political, and economic conditions that enabled Huawei’s rise are unlikely to occur again, meaning future … Read more
China industrialized while Mexico and India did not because the three entered globalization under fundamentally different political and economic logics. China delayed mass legitimacy and consumption in favor of decades of forced accumulation, state-led capacity building, and elite grooming, allowing it to enter the global economy as a strategic actor capable of shaping outcomes. Mexico … Read more
China’s economic reforms, launched under Deng Xiaoping in 1978, followed a pragmatic, incremental approach often described as “crossing the river by feeling the stones.” Rather than adhering to a fixed blueprint, China pursued a sequential, learning-oriented process, carefully observing and adapting lessons from other countries while avoiding major mistakes. This approach unfolded in three broad … Read more
Although China and Singapore operate under markedly different political systems—China as a one-party socialist state led by the Communist Party of China, and Singapore as a multi-party parliamentary republic with a dominant ruling party—their approaches to governance reveal important similarities. Both emphasize political stability, rapid economic growth, and social harmony over expansive political pluralism, distinguishing … Read more
China’s Communist Party (CPC) and Singapore’s People’s Action Party (PAP) stand among the most durable cases of one-party–dominant governance in the contemporary world. Operating in sharply different political, demographic, and geopolitical contexts, both reject Western-style cyclical party alternation as a necessary condition for effective governance. Instead, they prioritize meritocratic elite selection, institutional continuity, and long-term … Read more
Francis Fukuyama’s The End of History and the Last Man famously argued that the global spread of liberal democracy and free-market capitalism marked the endpoint of humanity’s ideological evolution. Yet the success of capitalist systems in countries such as China and Singapore challenges this claim by demonstrating that economic liberalization does not necessarily lead to … Read more
The United States possesses extraordinary technological, financial, and human capital, yet it faces persistent structural barriers to executing coherent and sustained industrial policy. These obstacles are institutional rather than ideological: industrial policy demands long time horizons, dense coordination, and leadership continuity, while the U.S. political system is optimized for short electoral cycles, adversarial competition, and … Read more
This thought experiment examines why the leadership succession and elite governance practices of China’s Communist Party (CPC) and Singapore’s People’s Action Party (PAP), if transplanted wholesale into the United States, would collide with core American political doctrines—even without changing the U.S. Constitution or political culture. The aim is not to rank systems or advocate reform, … Read more