The Bain of China

Samantha Appleton / White House

Article Highlights

  • President #Obama is envious of #China’s economic model, yet even the Chinese know this envy is misplaced.

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  • If #China does not have a real financial sector soon it will be in a world of hurt, like Japan these past two decades.

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  • The real drivers of growth in #China have been the risk-takers who attracted capital from the informal financial sector.

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About the Author

 

Dan
Blumenthal
  • Dan Blumenthal is the director of Asian Studies at the American Enterprise Institute, where he focuses on East Asian security issues and Sino-American relations.  Mr. Blumenthal has both served in and advised the U.S. government on China issues for over a decade.  From 2001 to 2004, he served as senior director for China, Taiwan, and Mongolia at the Department of Defense.  Additionally, he served as a commissioner on the congressionally-mandated U.S.-China Economic and Security Review Commission since 2006-2012, and held the position of vice chairman in 2007.  He has also served on the Academic Advisory Board of the congressional U.S.-China Working Group. Mr. Blumenthal is the co-author of "An Awkward Embrace: The United States and China in the 21st Century" (AEI Press, November 2012).

  • Phone: 202.862.5861
    Email: dblumenthal@aei.org
  • Assistant Info

    Name: Shannon Mann
    Phone: 202-862-5911
    Email: Shannon.Mann@aei.org

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