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5 White Paper on the Business Environment in China
If reforms such as these can be accomplished, says Mr. Works Cited
Lardy, “China will not resume double digit growth but it will
probably escape [Mr. Pettis’] postulated 3 percent to 4 percent 1 Paul Eckert and Stella Dawson. “Ten years on, American
pace of expansion.”21 business rethinks China dreams.” Reuters. December 9, 2011.
http://www.reuters.com/article/2011/12/09/uk-usa-trade-wto-
Built to Last idUSLNE7B801C20111209. Accessed December 6, 2012.
“China has progressed about as far as it can within its 2 Yiyi Lu. “A Test Case for the Communist Party’s Commitment
existing political framework. Further reform would threaten to Reform.” China Realtime Report. October 23, 2012. http://
the Communist Party’s hold on power, so it will not spon- blogs.wsj.com/chinarealtime/2012/10/23/a-test-case-for-the-
sor change of that sort,” writes Forbes commentator Gordon communist-partys-commitment-to-reform/. Accessed December
Chang. 6, 2012.
Claremont McKenna College professor of government 3 Tom Orlik. “Charting China’s Economy: 10 Years Under Hu.”
Minxin Pei holds that “a market economy requires the rule China Real Time. November 16, 2012. http://blogs.wsj.com/
of law, which in turn requires ‘institutional curbs’ on govern- chinarealtime/2012/11/16/charting-chinas-economy-10-years-
ment. Because these two limitations on power are incompat- under-hu-jintao/. Accessed December 6, 2012.
ible with the Party’s ambitions to continue to dominate soci-
ety, China cannot make much progress toward them within 4 Lou Jiwei. “Six Paths for Advancing China’s Market Reform.”
the current system. China […] is now trapped.”7 Caixin. August 2, 2011. http://english.caixin.com/2011-08-
02/100286752.html. Accessed February 14, 2012.
“China has been caught in such situations before,” con-
tinues Mr. Chang, “But has managed to implement critical 5 Statement of Priorities for the US-China Commercial Relationship.
reforms. at happened at the end of 1978, for instance, e U.S.-China Business Council. February 10, 2012. https://
when Deng Xiaoping launched more than three decades of
growth.”7 www.uschina.org/public/documents/2012/02/board_priorities.
pdf. Accessed February 14, 2012.
Brookings Institution analyst Cheng Li argues that “With-
out political reform, China cannot have structural change 6 Ben Blanchard and Sui-Lee Wee . “China names conservative,
from an export-led economy to an innovation-driven, domes- older leadership.” Reuters. November 15, 2012. http://
tic consumption-driven economy,” because “an innovation- www.reuters.com/article/2012/11/15/us-china-congress-
led economy needs political openness. And consumption or idUSBRE8AD1GF20121115. Accessed December 6, 2012.
service-sector development needs stronger rule of law.”22
7 Gordon Chang. “China’s Anti-Reformers Take Over.”
Mr. Li furthermore posits that “China’s fth generation Forbes. November 18, 2012. http://www.forbes.com/sites/
face a tough choice: Either save the party, which means bold gordonchang/2012/11/18/chinas-anti-reformers-take-over/.
political reform and even giving up some of their power and Accessed December 11, 2012.
privilege, or they will be out of history.”22
8 Nick Edwards. “Analysts View: Chinese Communist Party
e trillion dollar question, it seems, is whether or not the unveils new leadership.” Reuters. November 15, 2012. http://
Party will display the strength of character necessary to wrest www.reuters.com/article/2012/11/15/us-china-congress-view-
itself from “various self-defeating loops”7 and start the nation idUSBRE8AE0C720121115. Accessed December 6, 2012.
on another 30 years of growth, prosperity and—hopefully—a
new era of Chinese rule of law. 9 Gu Yongqiang. “Bringing Down ‘Watch Brother’: China’s Online
Corruption-Busters Tread a Fine Line.” Time. October 10, 2012.
20 http://world.time.com/2012/10/10/bringing-down-watch-
brother-chinas-online-corruption-busters-tread-a-fine-line/.
Accessed December 11, 2012.
10 Zheng Caixiong. “‘Uncle House’ under investigation”. People’s
Daily. October 23, 2012. http://english.peopledaily.com.
cn/90882/7987674.html. Accessed December 11, 2012.
If reforms such as these can be accomplished, says Mr. Works Cited
Lardy, “China will not resume double digit growth but it will
probably escape [Mr. Pettis’] postulated 3 percent to 4 percent 1 Paul Eckert and Stella Dawson. “Ten years on, American
pace of expansion.”21 business rethinks China dreams.” Reuters. December 9, 2011.
http://www.reuters.com/article/2011/12/09/uk-usa-trade-wto-
Built to Last idUSLNE7B801C20111209. Accessed December 6, 2012.
“China has progressed about as far as it can within its 2 Yiyi Lu. “A Test Case for the Communist Party’s Commitment
existing political framework. Further reform would threaten to Reform.” China Realtime Report. October 23, 2012. http://
the Communist Party’s hold on power, so it will not spon- blogs.wsj.com/chinarealtime/2012/10/23/a-test-case-for-the-
sor change of that sort,” writes Forbes commentator Gordon communist-partys-commitment-to-reform/. Accessed December
Chang. 6, 2012.
Claremont McKenna College professor of government 3 Tom Orlik. “Charting China’s Economy: 10 Years Under Hu.”
Minxin Pei holds that “a market economy requires the rule China Real Time. November 16, 2012. http://blogs.wsj.com/
of law, which in turn requires ‘institutional curbs’ on govern- chinarealtime/2012/11/16/charting-chinas-economy-10-years-
ment. Because these two limitations on power are incompat- under-hu-jintao/. Accessed December 6, 2012.
ible with the Party’s ambitions to continue to dominate soci-
ety, China cannot make much progress toward them within 4 Lou Jiwei. “Six Paths for Advancing China’s Market Reform.”
the current system. China […] is now trapped.”7 Caixin. August 2, 2011. http://english.caixin.com/2011-08-
02/100286752.html. Accessed February 14, 2012.
“China has been caught in such situations before,” con-
tinues Mr. Chang, “But has managed to implement critical 5 Statement of Priorities for the US-China Commercial Relationship.
reforms. at happened at the end of 1978, for instance, e U.S.-China Business Council. February 10, 2012. https://
when Deng Xiaoping launched more than three decades of
growth.”7 www.uschina.org/public/documents/2012/02/board_priorities.
pdf. Accessed February 14, 2012.
Brookings Institution analyst Cheng Li argues that “With-
out political reform, China cannot have structural change 6 Ben Blanchard and Sui-Lee Wee . “China names conservative,
from an export-led economy to an innovation-driven, domes- older leadership.” Reuters. November 15, 2012. http://
tic consumption-driven economy,” because “an innovation- www.reuters.com/article/2012/11/15/us-china-congress-
led economy needs political openness. And consumption or idUSBRE8AD1GF20121115. Accessed December 6, 2012.
service-sector development needs stronger rule of law.”22
7 Gordon Chang. “China’s Anti-Reformers Take Over.”
Mr. Li furthermore posits that “China’s fth generation Forbes. November 18, 2012. http://www.forbes.com/sites/
face a tough choice: Either save the party, which means bold gordonchang/2012/11/18/chinas-anti-reformers-take-over/.
political reform and even giving up some of their power and Accessed December 11, 2012.
privilege, or they will be out of history.”22
8 Nick Edwards. “Analysts View: Chinese Communist Party
e trillion dollar question, it seems, is whether or not the unveils new leadership.” Reuters. November 15, 2012. http://
Party will display the strength of character necessary to wrest www.reuters.com/article/2012/11/15/us-china-congress-view-
itself from “various self-defeating loops”7 and start the nation idUSBRE8AE0C720121115. Accessed December 6, 2012.
on another 30 years of growth, prosperity and—hopefully—a
new era of Chinese rule of law. 9 Gu Yongqiang. “Bringing Down ‘Watch Brother’: China’s Online
Corruption-Busters Tread a Fine Line.” Time. October 10, 2012.
20 http://world.time.com/2012/10/10/bringing-down-watch-
brother-chinas-online-corruption-busters-tread-a-fine-line/.
Accessed December 11, 2012.
10 Zheng Caixiong. “‘Uncle House’ under investigation”. People’s
Daily. October 23, 2012. http://english.peopledaily.com.
cn/90882/7987674.html. Accessed December 11, 2012.
