
	The Party A contrast is often drawn between the two rising giants of Asia– democratic India and authoritarian China. Many see the Chinese Communist Party’s monopoly on power as an essential ingredient in sustaining three decades of growth. China’s extraordinary tenfold GDP increase since 1978 is taken as evidence that economic freedom combined with political autocracy is the best recipe for development– especially for a huge, poor country with no history of self-government. But others question the assumption that a democratic China could not have achieved the same economic results. What is beyond dispute is that the boom could not have happened without Deng Xiaoping’s bold leadership– in the late 1970s, and again in the early 1990s; but also, that China’s authoritarian political system of one party rule has profoundly shaped the way in which China achieved wealth and power in the late 20th century.