The Dark Side of Chinese State Capitalism

Big-government types in the United States are simultaneously seduced by the sizzle of China's economic growth and envious of the rapid completion of its large-scale, state-planned projects. Speechless before China's meteoric global rise and frustrated with America's economic woes, Beijing's admirers in America have concluded the solution is to copy China. Not surprisingly, they know little about the jarring cost exacted by China's government-centric approach.