China in the Next 30 Years

China has achieved phenomenal economic growth in the last 30 years. Robert Fogel, Nobel Laureate in Economics, predicts that the Chinese economy will reach $123 trillion and per capita income will hit $85,000 by 2040, ranking it among the super-rich nations in the world. This economic transformation has been accompanied by political reforms and major societal changes. In order for China to emerge as a global powerhouse, political reforms will have to continue to deal with new challenges ass...