Examines the double effect of globalization on the Chinese economy: stimulates China's export-led growth but inhibits its catch-up. The China model of development can be characterized as 'growth without development' Argues Chinese market Leninism is essentially a crony comprador capitalism Highlights the particular lessons Deng Xiaoping drew from the Tiananmen Incident: no political reform, no appeasing the people, and appeasing the West Suggests China's deep integration approach is in general more a source of global conflict than a contributor to global peace
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