China 3.0 [European Council on Foreign Relations Report].

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"China's once-a-decade leadership change is currently underway in Beijing. The new leaders will take power at a crucial time for China, as it enters the third stage of its development since the revolution. How they deal with the challenges ahead will not just shape China, but Europe and the entire world. Mark Leonard has drawn together a unique collection of essays from leading Chinese intellectuals and thinkers, examining the choices that it faces with its economy, its political system and its global role. After Mao's political revolution ('China 1.0') and Deng Xiaoping's economic revolution ('China 2.0'), Mark calls this 'China 3.0': Now that it is becoming more affluent, how does China deal with growing inequalities, rebalancing its economy and its increasing exposure to the global economy? How does the Communist Party retain stability, with increasing friction within Chinese society and half a billion 'netizens' active on the web? China can no longer keep a low profile on the world stage so also needs to decide how to use its power and deal with grievances with neighbours like Japan and South Korea.