A senior Chinese leader says his country will not become a multi-party democracy or adopt other Western-style political reforms. Wu Bangguo - officially number two in the leadership structure - warned that China could face civil disorder if it abandoned its current system. Read full article
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Disclaimer & comment rulesThe central government of China is above all a rational system; it has made the right choices in economic policy - high levels of domestic saving, investing heavily in infrastructure and education, and insistence on acquiring the latest foreign technology - to make China a core country - and not a peripheral one - in a capitalist world system. It is difficult to think that, were China a democracy, it would have had such success. China's success is due in part to constant shifts in its economic model. Under a democracy, this would have been difficult not only because reforms in democratic countries are more difficult to implement - something that results from an intricate system of checks and balances - but also because of populist pressures that tempt politicians in all democratic countries, specially those that are poor. If it were a democracy, perhaps China would be spending more money on building a welfare state than on programs to increase technological innovation capability.
Mar 10th, 2011 - 09:07 pm - Link - Report abuse 0Commenting for this story is now closed.
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