Key lessons from China’s ascent over the past 25 years

Few developments over the past quarter century have been as consequential or widely debated as China’s ascent to global prominence as the vanguard of a rising Global South. To understand this change, we must look not only at outcomes but at the underlying drivers that made them possible. China’s development over the last 25 years did not occur by accident. It was not the result of any single policy. Rather, it was the cumulative product of farsighted design and vision as well as an evolving...