China's Reform and Opening-up at Forty: The State Strikes Back?

Hideo Ohashi

With the exhaustion of surplus labor, China is now aiming at innovation-driven economic growth. Resurgent state dominance seems to be diminishing the vital role of the market and private firms, however. By highlighting the dual traps—the middle-income trap and the regime-transition trap—the presentation assesses China’s efforts at reform and opening-up over the past forty years and the prospects China’s future.

This event is cosponsored by the East West Center and the Julie Ann Wrigley Global Institute of Sustainability.