The Bird and the Cage

<p>The Chinese Communist Party&rsquo;s complex and contradictory embrace of capitalism has played a pivotal role in shaping China&rsquo;s economic reforms since the late 1970s. This book explores the persistent tensions between state control and market forces in China. It shows how these tensions provide a framework to understand Xi Jinping&rsquo;s recent efforts to tighten control over the Chinese economy. The book evaluates the broader implications of these policies for China&rsquo;s economic trajectory and its global trade relationships.</p>