The Third Revolution: Xi Jinping and the New Chinese State

A look at the transformative changes underway in China today. Xi Jinping has unleashed a powerful set of political and economic reforms: the centralization of power under Xi, the expansion of the Communist Party's role in Chinese political, social, and economic life, and the construction of a virtual wall of regulations to control more closely the exchange of ideas and capital between China and the outside world. Beyond its borders, Beijing recast itself as a great power, seeking to reclaim past glory and create a system of international norms that better serves its more ambitious geostrategic objectives. In so doing, Chinese leadership is reversing the trends toward greater political and economic opening, as well as the low-profile foreign policy put in motion by Deng Xiaoping's "Second Revolution" thirty years earlier. Through a wide-ranging exploration of Xi Jinping's top political, economic, and foreign policy priorities, Economy identifies the tensions, shortcomings, and successes of Xi's reform efforts over the course of his first five years in office. She also provides recommendations for how the United States and others should navigate their relationship with this vast nation in the coming years. (Courtesy Graphic)