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The quiet revolution that's shaping China’s future Add to ...

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Peking University Finance professor Michael Pettis’ brilliant essay “The four stages of Chinese growth” not only details the current state of the country’s economic miracle, but also provides a blueprint for the future.

It appears China’s leadership is, if not listening, then following Mr. Pettis’ game plan of their own volition. In a far more ethically palatable homage to Mao Zedong’s Cultural Revolution, current President Xi Jinping’s pervasive corruption crackdown is paving the way for a new stage of economic growth.

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