Economic reform aimed at bolstering national security and power agendas is the norm in Asia these days, from India’s election of Narendra Modi to “Abenomics” in Japan. China has embarked on perhaps the most ambitious set of reforms, and is attracting Western critics loudly hoping for it to fail. But I think we’re all better off if China’s reforms largely succeed.
Since the March, 2013 plenum meeting of the Communist Party under newly anointed leader Xi Jinping, China has pursued simultaneous transformations in economics, finance, state-to-market relations and politics. Xi has made himself the most powerful Party chairman since Deng Xiaoping, at least on paper, in order to knock heads and implement tough changes.
Inevitably, some US commentators are eager to see Xi fail. A good example is an article by Joseph Bosco, a former aide to Donald Rumsfeld and now a think-tank China hand in Washington. Published by The Diplomat, Bosco says the West should worry about any campaign that enhances the effectiveness and power of autocratic China, particularly in light of China’s new, sometimes bloody-minded assertiveness. Read the rest of this entry »