© Elizabeth Economy 2018 All rights reserved. Published in the United States of America by Oxford University Press 198 Madison Avenue, New York, NY 10016, United States of America. Oxford is a registered trade mark of Oxford University Press in the UK and certain other countries. It furthers the University’s objective of excellence in research, scholarship, and education by publishing worldwide. She also assesses their implications for the rest of the world, and provides recommendations for how the United States and others should navigate their relationship with this vast nation in the coming years.Įliz abeth Economy A Council on Foreign Relations Bookġ Oxford University Press is a department of the University of Oxford. Through a wide-ranging exploration of Xi Jinping's top political, economic and foreign policy priorities-fighting corruption, managing the Internet, reforming the state-owned enterprise sector, improving the country's innovation capacity, enhancing air quality, and elevating China's presence on the global stage-Economy identifies the tensions, shortcomings, and successes of Xi's reform efforts over the course of his first five years in office. In so doing, the Chinese leadership is reversing the trends toward greater political and economic opening, as well as the low-profile foreign policy, that had been put in motion by Deng Xiaoping's "Second Revolution" thirty years earlier. Beyond its borders, Beijing has recast itself as a great power, seeking to reclaim its past glory and to create a system of international norms that better serves its more ambitious geostrategic objectives. Chinese leader Xi Jinping has unleashed a powerful set of political and economic reforms: the centralization of power under Xi, himself, the expansion of the Communist Party's role in Chinese political, social, and economic life, and the construction of a virtual wall of regulations to control more closely the exchange of ideas and capital between China and the outside world. Economy provides an incisive look at the transformative changes underway in China today. InThe Third Revolution, eminent China scholar Elizabeth C.
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