China’s Changing of the Guard: A Volcanic Stability

Issue Date January 2003
Volume 14
Issue 1
Page Numbers 66-72
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China’s ruling party has used “economic reforms” as a mechanism for revising resource allocation for the interest of its exclusive elite groups on the road of “market economics plus totalitarian rule”. This approach caused extremely unequal distribution of income and wealth, exploitation of ecological systems and environment, and collapse of the moral order. With potential banking crisis emerging and corruption wreaking havoc, robbers roaming the streets, the rich getting richer and the poor getting poorer, unemployment stalking both the towns and countryside and organized crime rapidly extending its power, China turns out to be on the verge of crisis, as the world’s largest live volcano.

About the Author

Qinglian He, former senior editor of Shenzhen Legal Daily in China, is currently a visiting scholar in the department of political science, economics, and philosophy at CUNY’s College of Staten Island. She is also the author of the Chinese-language bestseller, Pitfalls of China, an updated version of which was published in Japan in 2002.

View all work by Qinglian He