ABSTRACT

This final chapter will look at the challenges facing China, namely:

What sort of society is likely to emerge in the dash for economic modernization.

The prospects of Communism withering away. But will it be replaced by what the West would call ‘democracy'?

The difficulties the central government faces in maintaining control over the country at large.

The prospects for preventing the economy overheating.

The difficulties in creating a domestic trade regime that would allow China to enter GATT.

The challenge of the Yuan - how to develop it into a convertible currency.

Finding China's rightful place in the world. The challenge of locking it into an enduring, stable international order.

The new diplomatic alliances that could shape China in the twenty-first century.