Written by Guy de Jonquières, ECIPE Policy Brief No. 01/2012
The global economic crisis has changed the perception that many Western countries shared on China. It is no longer viewed as an unruly and disruptive pupil, but rather a potential financial paymaster. Hence the aim of this paper is to identify and describe the challenges that China is facing in its new role. This paper argues that Chinese developments in all three areas are imposing increasing strains on the country’s political system and institutions and demand new approaches both inside and outside the country. The future for the country is still uncertain due to many vulnerabilities in economic, domestic and foreign policy.