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The road ahead for capitalism in China
Two starkly contrasting possible futures exist for China: a market economy under the rule of law or crony capitalism.The right way ahead lies in furthering economic, social, and political reform and comprehensively establishing and improving the free-market economic system.To achieve these goals, China must force state-owned enterprises to behave more like private companies, end the discriminatory treatment of private companies, and ensure that the social system protects the weakest members of society.Building a democratic society under the rule of law will be a main theme of reform in the years to come.
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