China's future is arguably the most consequential question in global affairs. Having enjoyed unprecedented levels of growth, China is at a critical juncture in the development of its economy, society, polity, national security, and international relations. The direction the nation takes at this turning point will determine whether it stalls or continues to develop and prosper.
Will China be successful in implementing a new wave of transformational reforms that could last decades and make it the world's leading superpower? Or will its leaders shy away from the drastic changes required because the regime's power is at risk? If so, will that lead to prolonged stagnation or even regime collapse? Might China move down a more liberal or even democratic path? Or will China instead emerge as a hard, authoritarian and aggressive superstate?
In this new book, David Shambaugh argues that these potential pathways are all possibilities - but they depend on key decisions yet to be made by China's leaders, different pressures from within Chinese society, as well as actions taken by other nations. Assessing these scenarios and their implications, he offers a thoughtful and clear study of China's future for all those seeking to understand the country's likely trajectory over the coming decade and beyond.
* Exam copies only available to lecturers for whom the book may be suitable as a course text.
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"One of the many strengths of Shambaugh's book is that it delves beneath the surface noise surrounding the world's second-largest economy and focuses on the deeper political trends he has studied for decades."
"David Shambaugh lays out some bold speculations about possible futures for China that will make even seasoned China hands rethink their assumptions. It is critical reading from one of our most astute observers of that country."
Francis Fukuyama, Stanford University