The country could have either of two starkly contrasting futures. One road leads to a market economy under the rule of law, with a civilized political order; the other leads to crony capitalism.
That is Wu Jinglian, senior research fellow and former executive director of the Development Research Center of the State Council of the People's Republic of China for the McKinsey Quarterly. He goes on to list seven steps to avoid the road of crony capitalism.
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