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The Future of Chinese Capitalism: Choices and ChancesChoices and Chances$
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Gordon Redding and Michael A. Witt

Print publication date: 2010

Print ISBN-13: 9780199575879

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780199575879.001.0001

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Another Miracle?

Another Miracle?

(p.1) 1 Another Miracle?
The Future of Chinese Capitalism: Choices and Chances

Gordon Redding

Michael A. Witt

Oxford University Press

There have been indications of an economic miracle in China. It is important to understand the surroundings of the complex question: How will China modernize? This book attempts to contribute to such understanding. China has in the past century been through three massive transformations, with chaotic intervening periods between the first, second, and third. The current agenda in China, in both economics and politics, is the entry of the world's largest society to the modern world for the first time. The regeneration of China starts with the political will to change, and three features of the context have promoted this. The models for China's evolution are shown.

Keywords:   China, economic miracle, politics, revolution, regeneration

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