The World

I have just spent a fascinating couple of days, closeted with some Chinese academics in a house outside Paris, at a seminar organised by Sweden’s “Glasshouse Forum“.

Several of the assembled profs were members of China’s “new left” – people like Zhiyuan Cui, an economist from Tsinghua University and Shaoguang Wang of Hong Kong university. I was surprised by how confident they seemed. The consensus seemed to be that China would weather the global economic crisis better than most – and that the Chinese political system is sufficiently robust to withstand higher unemployment and slower growth. One of the participants pointed out that in the late 1990s, 60m Chinese people had been thrown out of work in the aftermath of the Asian economic crisis and the restructuring of China’s state-owned enterprises. But the country’s long-term trajectory remained ever upwards.

Another participant joked that China had discovered that whatever country it models itself on is doomed. In the 1950s China had modelled itself on the Soviet Union; in the 1980s there was a fashion for imitiating Japan; and more recently, there has been a fascination  with American capitalism.

It was a nice joke that I think contained a broader insight. Western analysts tend to measure China’s economic and political progress by asking – are they becoming more or less like us? More democratic, more free-market; or more authoritarian and state-directed?

The Chinese participants seemed to be arguing that their country was finding its own unique way to modernity. Zhiyuan Cui was keen on the idea of a “socialist market economy”, which allowed space for both private enterprise and for a large and profitable state sector. The new left generally believe that socialism remains a genuine ideal in China – and not just a rhetorical hangover from a bygone age. Others, in particular, Daniel Bell – a Canadian who teaches philosophy at Tsinghua – reckoned that the Confucian tradition was increasingly important in modern China.

And Zhang Wei-Wei, who used to be Deng Xiaoping’s translator and is now a professor at Fudan University, argued that the idea that legitmacy is conferred on a government by elections is a western-obsession. The Chinese believe in “performance legitimacy”. If the government governs well, it is percieved as legitimate.

I am sufficiently western to find this not entirely convincing. And I am not sure what kind of results the Chinese government will be able to produce, in the face of a world-wide slump.