As China develops its economy, this 2004 book argues it will be held back by its refusal to import democratic values.Globalization has thrown up challenges and opportunities which all countries have to grapple with. Yongnian Zheng explores how China's leaders have embraced global capitalism and market-oriented modernization by encouraging individual enterprise and the reform of economic institutions. While they have been open to importing Western ideas in rebuilding the economic system, the same leaders have been reluctant to import Western concepts of democracy and the rule of law. The author argues that, ultimately, this selectivity will impede China's progress in becoming a modern nation state.Globalization has thrown up challenges and opportunities which all countries have to grapple with. Yongnian Zheng explores how China's leaders have embraced global capitalism and market-oriented modernization by encouraging individual enterprise and the reform of economic institutions. While they have been open to importing Western ideas in rebuilding the economic system, the same leaders have been reluctant to import Western concepts of democracy and the rule of law. The author argues that, ultimately, this selectivity will impede China's progress in becoming a modern nation state.Globalization has created challenges and opportunities which all countries have to grapple with. Yongnian Zheng explores how China's leaders have embraced global capitalism and market-oriented modernization by encouraging individual enterprise and the reform of economic institutions. While open to importing Western ideas in rebuilding the economic system, the same leaders have been reluctant to import Western concepts of democracy and the rule of law. Zheng argues that, ultimately, this selectivity will impede China's progress in becoming a modern nation state.1. Globalization: state decline or state rebuilding?; 2. State, leadership and globalization; 3. Globalism, nationalism and selective impolsß