Party of One
We’ve heard for some time now that China’s rise as an economic superpower is inevitable, and that China will surely surpass the U.S. Extrapolating from the past few decades, this appears certain. However, changes made by China’s current leader, Xi Jinping, have cast doubt on China’s ascendancy. Chun Han Wong has covered China for the Wall Street Journal since 2014 and has written the book Party of One: The Rise of Xi Jinping and China’s Superpower Future . His descriptions of the massive changes Xi is making lead me to believe that China’s growth will at least slow, if not falter altogether. My take on China is hardly original, and does not come from a deep understanding of China. It comes down to the simple observation that for a society to become wealthier over the long term, its most brilliant and driven citizens must have the freedom to innovate. We can’t know in advance which citizens will make a big impact, so this freedom must be available to ...