It is widely thought that the post-Mao Chinese leadership’s obsession with political stability was motivated purely by the desire to cling to power: ‘Keeping power is the only issue for the party’ (Economist, 28th November 1992). This is too simplistic. The Chinese leadership valued political stability both for its functional relationship with economic advance and as a goal of intrinsic value.
KeywordsForeign Direct Investment Foreign Investment Chinese Government State Sector Central Committee
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