Broken China Dream

When China embarked on its transformative journey of modernization in 1979, many believed the country's turn toward capitalism would put its totalitarian past to rest and mark the birth of a democratic, open society. Instead, China reverted to a neo-totalitarian state, one backed by one of the fastest-growing, most formidable economies on earth. The Broken China Dream pulls back the curtain on the regime of strongman Xi Jinping, revealing why the reforms of the post-Mao era have been reversed on nearly every front--and why the world failed to see it coming. Exposing the truth behind China's economic ascendency after the Cultural Revolution, Minxin Pei shows how, following Mao's death in 1976, Deng Xiaoping strategically deployed the tools of capitalism to preserve the Chinese Communist Party. Deng kept intact the institutional foundations of totalitarianism even as he unleashed private entrepreneurship and courted foreign investment, giving China's one-party state control of a vast repressive apparatus and the most critical sectors of the economy. Only a fragile balance of power among dueling factions prevented the rise of a totalitarian leader in the two decades after the Tiananmen crackdown in 1989--but this temporary equilibrium collapsed. Essential to understanding today's China, this meticulously researched book is a sobering account of why the country's reformers and institutions could not stop a shrewd and ruthless politician like Xi from resurrecting dormant totalitarian practices that, for the foreseeable future, have spelled the end of the dream of a free and prosperous China.