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China Triumphant

  • Michael Backman

Abstract

China’s leaders once made pronouncements about the workers’ struggle and the need for the bourgeoisie to be smashed. Now all they ever seem to hold forth on is whether the Chinese economy will have a hard or soft landing, whether the yuan will be revalued, and foreign resource deals. The leadership now is pragmatic and increasingly economically literate. And their party, the Chinese Communist Party, ought to be renamed the Chinese Party, for it’s nationalism now that is the force that binds China together. No longer is it Communism and class struggle. Nationalism, pragmatism, and preserving their own power at all costs: these are the three characteristics that can be used to explain the behavior of China’s leadership today and predict what it will do in future. Little else matters.

Keywords

Foreign Direct Investment Chinese Communist Party Christmas Tree Inside Knowledge Taiwan Independence 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Notes

  1. 3.
    Backman, M., The Asian Insider. Unconventional Wisdom for Asian Business, Palgrave Macmillan, 2004, p. 185.Google Scholar
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    The Economist, “China business survey,” March 20, 2004.Google Scholar
  3. 5.
    Hale, D., “Will China need a blue water navy to protect commodity markets?,” background paper published by Hale Advisors LLC, Chicago, January 7, 2004.Google Scholar
  4. 16.
    Lam, W., “China’s energy paranoia,” Asian Wall Street Journal, July 30, 2004.Google Scholar
  5. 24.
    Kleveman, L., The New Great Game: Blood and Oil in Central Asia, Atlantic Books, 2003, p. 113.Google Scholar
  6. 35.
    Hale, D., “Will China need a blue water navy to protect commodity markets?,” background paper published by Hale Advisors LLC, Chicago, January 7, 2004.Google Scholar

Copyright information

© Michael Backman 2005

Authors and Affiliations

  • Michael Backman

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