China's Crony Capitalism
The Dynamics of Regime Decay
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Chinaâ s efforts to modernize yielded a kleptocracy characterized by corruption, wealth inequality, and social tensions. Rejecting conventional platitudes about the resilience of Party rule, Minxin Pei gathers unambiguous evidence that beneath Chinaâ s facade of ever-expanding prosperity and power lies a Leninist state in an advanced stage of decay.
