China Unbound

China is currently in a holding pattern when it comes to further economic reform and major foreign-policy goals, owing to the ingrained conservatism of its leaders. But when the next generation of leaders assumes power in 2012, the world will be dealing with a much more unpredictable power than the one we know now.

Sydney – The appointment of five provincial-level Chinese Communist Party chiefs in early December is a reminder that the ascension of China’s next generation of leaders, who will take power in 2012, may be the most significant development in Chinese politics since Deng Xiaoping’s reign begin in 1978. The upcoming generation of leaders will be the first with little or no personal memory of the turmoil and hardship endured during the Mao Zedong years. Forgetting that history might doom China to repeat the mistakes of the past; but, for better or worse, it might also ease constraints and set its leaders free.

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