(Asia Nikkei Review) When the Soviet Union imploded in 1991, the Communist Party of China became obsessed with understanding why. The government think tanks entrusted with this task heaped plenty of blame on Mikhail Gorbachev, the reformist leader who was simply not ruthless enough to hold the Soviet Union together. But Chinese leaders also highlighted other important factors, not all of which China's leaders seem to be heeding today.
Minxin Pei points out that the country is repeating two of the key mistakes that helped bring down the Soviet Union.
Arvind Subramanian and Josh Felman identify a series of challenges that could derail the country's debt-defying growth trajectory.