Summary of Elizabeth Economy's The Third Revolution

By IRB Media

Please note: This is a companion version & not the original book.

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#1 The Chinese Politburo Standing Committee, the seven men who lead the country, is chosen almost entirely behind closed doors. The run-up to this particular selection process was particularly fraught, as it was the first time in two-and-a-half decades that the general secretary of the CCP was not hand-selected by Deng Xiaoping.

#2 The new members of the Politburo were largely unknown quantities. Xi Jinping, who had served as general secretary of the Communist Party for three decades, was largely an unknown quantity.

#3 Xi Jinping, the new general secretary, spoke at a press conference shortly after the new leaders made their appearance at the Great Hall of the People. He called for the great revival of the Chinese nation.

#4 The Chinese Dream is the idea that China should double its per-capita GDP by 2020, have a military capable of fighting and winning wars, and meet the social welfare needs of its citizens.

• Language: English
• Publisher: IRB Media
• Release date: Mar 28, 2022
• ISBN: 9781669373674

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Insights on Elizabeth C. Economy's The Third Revolution

Contents

Insights from Chapter 1

Insights from Chapter 2

Insights from Chapter 3

Insights from Chapter 4

Insights from Chapter 5

Insights from Chapter 6

Insights from Chapter 7

Insights from Chapter 8

Insights from Chapter 1

#1

The Chinese Politburo Standing Committee, the seven men who lead the country, is chosen almost entirely behind closed doors. The run-up to this particular selection process was particularly fraught, as it was the first time in two-and-a-half decades that the general secretary of the CCP was not hand-selected by Deng Xiaoping.

#2

The new members of the Politburo were largely unknown quantities. Xi Jinping, who had served as general secretary of the Communist Party for three decades, was largely an unknown quantity.

#3

Xi Jinping, the new general secretary, spoke at a press conference shortly after the new leaders made their appearance at the Great Hall of the People. He called for the great revival of the Chinese nation.

#4

The Chinese Dream is the idea that China should double its per-capita GDP by 2020, have a military capable of fighting and winning wars, and meet the social welfare needs of its citizens.

#5

Xi Jinping believed that China was at an inflection point. The post-Mao era of reform and opening up had yielded significant gains, but the Communist Party had become corrupted and devoid of an ideological center.

#6

After Mao Zedong’s death in 1976, China began to recover from the political strife and social upheaval that had marked much of his quarter-century tenure. In the early 1980s, the Chinese leadership began to relax state control over the economy, which allowed provincial and local officials to develop their economies and diminished Beijing’s ability to influence them.

#7

China’s economy and political system have been changing rapidly since the 1980s, and this has been matched by changes in Chinese governance abroad. China has joined the World Trade Organization, and its leaders have assured the international community that China’s rise will be peaceful.

#8

As China continued to grow, so did the calls within China for the country to assume its rightful place on the global stage. The Communist Party lost its ideological rationale, and many of its members used it as a stepping-stone for personal political and economic advancement.

#9

Xi Jinping, the current leader, has set out to run the relay race differently from his predecessors. He has deepened the role of the Communist Party and state in society and in the economy, and has sought to elevate China’s role in world affairs.

#10

Xi Jinping’s Chinese Dream is to rejuvenate the Chinese nation. He has accumulated more institutional and personal power