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China’s Economic Ascent: Key Elements and Imperatives

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Globalization and Sustainable Economic Development
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Abstract

November 2012 will be recalled as a historic month for China because it witnessed the inception of a new leadership for the Chinese Communist Party that would be headed by Xi Jinping, the newly appointed president of China. Xi Jinping’s ascension comes at a time when the country finds itself on the threshold of an impending transition to a more sustainable pattern of economic progress, and although it is too early to infer whether he would have the towering stature of some of his predecessors, Xi’s role is a critical one. Almost every transition is a test of authority, resilience, and dynamism, and for China’s leadership this certainly is the case.

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© 2013 Piya Mahtaney

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Mahtaney, P. (2013). China’s Economic Ascent: Key Elements and Imperatives. In: Globalization and Sustainable Economic Development. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137024992_7

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