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Andrew Sheng — The Right Way to Judge Chinese Governance

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In a fast-changing world, governance systems must support rapid decision-making under conditions of radical uncertainty, while maintaining accountability. That – not the Western expectation of what a governance system should look like – is the standard by which we should be assessing political developments in China.… Exactly so. Same for other countries like Russia. American objections to the type of government in China, Russia, Iran, etc. are disingenuous when compared with widespread and longstanding US support of dictatorship when the dictator is a US puppet. The US should butt out of other countries internal affairs. Anything less is illiberal.Good article. Plus it is short.What is concerning is so many high placed Chinese officials in economics and finance that are

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Mike Norman writes Andrew Batson — What is changing about the rule of the Chinese Communist Party?

In a fast-changing world, governance systems must support rapid decision-making under conditions of radical uncertainty, while maintaining accountability. That – not the Western expectation of what a governance system should look like – is the standard by which we should be assessing political developments in China.…
Exactly so. Same for other countries like Russia.

American objections to the type of government in China, Russia, Iran, etc. are disingenuous when compared with widespread and longstanding US support of dictatorship when the dictator is a US puppet.

The US should butt out of other countries internal affairs. Anything less is illiberal.

Good article. Plus it is short.

What is concerning is so many high placed Chinese officials in economics and finance that are Western-educated. Andrew Shang views that as plus, but one wonders when look at the havoc that such official have wreakedt in the US and entire West and which Shang does mention. Hopefully, the Western-educated Chinese will have learned something from this and will not follow the Western playbook.



Project Syndicate
The Right Way to Judge Chinese Governance
Andrew Sheng, Distinguished Fellow of the Asia Global Institute at the University of Hong Kong, member of the UNEP Advisory Council on Sustainable Finance, former chairman of the Hong Kong Securities and Futures Commission, and adjunct professor at Tsinghua University in Beijing

See also

In the discussion of the results of the Presidential elections in Russia, Sen. John McCain claimed the result was an insult to all Russians. Israel Shamir on the pages of The Unz Review claimed they were rigged just a little. Some pro-Western Russian critics argued that that the very fact that Putin received over 75 per cent of the vote proved that the election results was not normal, because in normal countries there usually are two candidates who run in close proximity and then follow in a run-off. In the view of this speaker, that in itself is proof of the democratic nature of elections.
The overall reaction of Western media is disbelief, suspicion of foul play or at best reluctant and cold reception of the fact. The smashing victory this landslide shows exactly the opposite. Russia is normal, rallied around its leader, and the West is in a deep domestic crisis. The run-off in France or close results in the USA or Germany or Italy are symptoms of a serious malaise or as one political scientist put it, turbulence in Western Democracy as a system....
What is particularly repulsive in the reactions of these western critics, is the contemptuous disdain for the votes of millions of Russians. Who gave McCain the right to evaluate the wishes of the Russian people? Who is in crisis? Look at the Western democracies…. 
American Committee on East-West Accord
Shlomo Ben-Ami, formerly Israeli foreign minister, now Vice President of the Toledo International Center for Peace
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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