China’s Crony Capitalism: Kleptocracy with Chinese Characteristics

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When Deng Xiaoping launched China on the path to economic reform in the late 1970s, he vowed to build “socialism with Chinese characteristics.” More than three decades later, China’s efforts to modernize have yielded something very different from the working people’s paradise Deng envisioned: an incipient kleptocracy, characterized by endemic corruption, soaring income inequality, and growing social tensions.
On December 14, Hudson Institute will host Minxin Pei for a discussion on his latest book, China’s Crony Capitalism: The Dynamics of Regime Decay. Noted experts Richard McGregor, Andrew Wedeman, and Evan Osnos will join Dr. Pei for a conversation on the unique aspects of China’s kleptocracy and its importance for understanding kleptocracy worldwide. The Kleptocracy Initiative’s Executive Director, Charles Davidson, will moderate the event.
Copies of China’s Crony Capitalism will be available for sale after the event.
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China’s Crony Capitalism: Kleptocracy with Chinese Characteristics

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