Do you apply this assessment to China also?
[Do you apply this assessment to China also?]
China has been bootstrapped into rapid development by the efforts of its relentlessly enterprising private businessmen. If the Communist Party, with its exercises of arbitrary power and unchecked corruption, were removed from power, China’s growth would skyrocket. We are fortunate that the Communist Party remains dominant, just as we are fortunate that Putin remains in power. It is this incompetence that will shackle the territorial ambitions (driven by many centuries of tradition) of their political leaders, by limiting the resources with which they can achieve those ambitions.