Inside, you will find new information that will challenge commonly accepted narratives about China’s economy. The report recognizes the complexity of this subject and tells a multi-layered story.
We then tracked how China has progressed on these metrics over the last decade. We then used this data to create a new scoring system that compares both China’s record of liberalization and its economic performance with those of the United States and nine other leading open-market economies. To find the answer, our study explores China’s economy in six key areas that define open-market systems: trade, innovation, direct investment, portfolio flows, market competition, and the financial system. Over the past eight months, teams from the Atlantic Council and Rhodium Group have taken a dive into China’s economy to address a fundamental question: Is China becoming more or less like other open-market economies? This is the goal of the China Pathfinder Project. Leaders need a shared language to describe China’s economic system that can be trusted by all sides for its accuracy and objectivity. Policymakers and financial experts disagree on basic facts about what is happening inside the country. China is a global economic powerhouse, but its system remains opaque.
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