Faculty News
Prof. Michael Spence is interviewed about China's economy and leadership
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Excerpt from The New York Times -- "With its thousands of years of centralized decision-making, China may never resemble a Western democracy. But the elite recognizes it must sustain popular support, Mr. Spence said. 'If the party does not deliver real progress to the vast majority of Chinese — it’s a very inclusive concept — they will fail.'”
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