February 22, 2017

"David Shambaugh, professor of international affairs and director of the China Policy Program at George Washington University, recently put forward another of his predictions about China during a lecture called, 'Assessing China's Future,' at Nanyang Technological University's S. Rajaratnam School of International Studies. According to reports, Shambaugh said that since 1960, only 13 out of 101 nations have successfully transitioned from being a middle income country to a developed economy, all of which are democracies. That being said, China, if it continues its political path of 'hard authoritarianism,' will not hurdle the middle-income trap.

'The Coming Chinese Crack-up,' one of Shambaugh's articles published in the Wall Street Journal in 2015, has triggered enormous controversy. After explaining several times that the title was made by editors without his permission, he appears to be more cautious this time around, noting that China will not collapse, but that no country has developed a truly modern economy without democratizing."

Read more:

http://www.globaltimes.cn/content/1034407.shtml 

NISCSS does not necessarily share in or endorse the opinions of off-site commentators.