STEPS Journal ArticleIssue 11
Economic Security
Leveraging Strength in Economic Statecraft
Opening
There was once a time when it was assumed that China would move toward liberal democratic institutions and, with that, pursue a more open capitalist economy. This assumption was based on the argument that as China grew richer through capital investment and market-driven economic expansion, its population’s values and outlook would become more Westernized.
Excerpted from the article's opening lines.
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