November 10, 2015
China's Volatile Experiment

by Doug Bandow

Beijing — Mao Zedong, China's "Great Helmsman," died four decades ago. Only after his murderous reign finally ended could his nation move forward. Dramatically.

The old dictator and his cronies wouldn't recognize China's capital today. Beijing has become a sprawling metropolis. It mixes high rises of dramatic architecture with squat structures of modern power. Night clubs and fast food restaurants. Endless traffic jams highlighted by luxury autos. Prolific advertisements for Western goods and finely attired Chinese "princelings."

Shanghai's transformation is equally dramatic. Always more international and commercial than Beijing, it has become a world financial center. The Bund, or waterfront in the old European concession, is overrun with tourists. Across the river sits Pudong, which in just two decades has become a second downtown with a high-flying skyline.

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