by James Pethokoukis
Without regime change China may be unable to transition to a more organic, free enterprise-driven economy capable of better generating and using innovation.
- America faces some big economic challenges. But what about the other side of that equation?
- Does China have the right principles and institutions to dominate the 21st century?
- China currently has a $9 trillion economy vs. $17 trillion for America.
- It makes a great deal of difference how fast China grows in the future.
- But without regime change, China may be unable to transition to a more organic, free enterprise-driven economy capable of better generating and using innovation.
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