China: A Trap for Hostage Capitalists

China: A Trap for Hostage Capitalists
(L-R) Yu Bin, vice president of Development Research Center of the State Council, Han Wenxiu, executive deputy director of the General Office of the Central Financial, Ray Dalio, founder of Bridgewater Associates LP, attend the China Development Forum (CDF) 2023 at Diaoyutai State Guesthouse in Beijing on March 25, 2023. Lintao Zhang/Getty Images
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Commentary
Xi Jinping wants the world to believe that after Beijing’s draconian COVID lockdowns, China is back open for business. Chinese officials said as much at the annual Davos event in Switzerland, and Xi is repeating the soundbite for its analog in Beijing, the China Development Forum.
Anders Corr
Anders Corr
Author
Anders Corr has a bachelor's/master's in political science from Yale University (2001) and a doctorate in government from Harvard University (2008). He is a principal at Corr Analytics Inc. and publisher of the Journal of Political Risk, and has conducted extensive research in North America, Europe, and Asia. His latest books are “The Concentration of Power: Institutionalization, Hierarchy, and Hegemony” (2021) and “Great Powers, Grand Strategies: the New Game in the South China Sea" (2018).
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