The Third Revolution

In this updated paperback edition of The Third Revolution, eminent China scholar Elizabeth C. Economy provides an incisive look at the transformative changes underway in China today. 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 ofregulations to control more closely the exchange of ideas and capital between China and the outside world. 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 thecountry''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 time in office.