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...People's Republic of China commemorates its 60th anniversary, it seemingly has much to celebrate. China is the world's most populous and industrious nation, is the world's third largest economy and trading nation, has become a global innovator in science and technology, and is building a world-class university system. It has an increasingly modern military and commands diplomatic respect. It is at peace with its neighbors and all major powers. Its hybrid model of quasi-state capitalism and semidemocratic authoritarianism - sometimes dubbed the "Beijing Consensus" - has attracted attention across the developing world...

Author: /time Magazine | Title: China at 60: The Road to Prosperity | 9/28/2009 | See Source »

...This growing soft power of China was strengthened by the 2008 Olympics extravaganza, and the Shanghai Expo next year will similarly dazzle. The 60th anniversary celebration in Beijing on Oct. 1 will impress, if not frighten, the world with an arresting display of military hardware and goose-stepping soldiers. Less visible is the fact that China is the first major economy to recover from the global recession and, indeed, is leading the world out of it. (Read "Mission Accomplished. Now What...

Author: /time Magazine | Title: China at 60: The Road to Prosperity | 9/28/2009 | See Source »

...China is on a roll, particularly when viewed over time. Visiting or living in China every year over the past three decades, I have had the personal opportunity to witness dramatic transformations. When I first went to China in 1979, vestiges of the Cultural Revolution were still evident: revolutionary slogans painted on walls and pockmarks on university buildings from bullets and howitzer shells shot by dueling Red Guards. Camouflaged, but just as evident, were the personal scars borne by intellectuals and officials whom I met at the time. I heard stories of beatings and humiliations, confiscations of personal possessions...

Author: /time Magazine | Title: China at 60: The Road to Prosperity | 9/28/2009 | See Source »

...early 1990s, I again experienced China as a society traumatized, this time by the aftermath of Tiananmen. But by mid-decade Deng Xiaoping had reignited domestic economic reforms and China had normalized its place in the world after its post-Tiananmen isolation. Politics, however, remained frozen and the heavy hand of the state remained evident. Only during the present decade, in the waning years of Jiang Zemin's rule and under Hu Jintao, has the Communist Party begun to experiment with very limited political reforms. My discussions with those party officials involved with crafting the "democratic" reforms makes clear that...

Author: /time Magazine | Title: China at 60: The Road to Prosperity | 9/28/2009 | See Source »

...Thus, when considering the totality of six decades, the record of the PRC is decidedly mixed. While its achievements have been momentous, so are the contrasts and contradictions exposed by those very same achievements. In many sectors, each reform breeds new problems and challenges. China has come a long way, but it still has a long...

Author: /time Magazine | Title: China at 60: The Road to Prosperity | 9/28/2009 | See Source »

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