Not so far.
‘Despite the long-touted efficiency of the authoritarian regime, central government policies have often met resistance at the local level when they go against the interests of authorities.’ Mao used to lament the bureaucratic inertia. Can Xi change it? http://www.scmp.com/news/china/poliitics/article/2162092/china-doubles-down-chinese-bureaucracy-paralysed-fear …
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This is why China will never be number one, or a world leader. When one man on a whim can paralyze a nation, or events move faster than the bureaucrats, it is over. Debt, capital controls, closed economy, and low wages is not a strategy.
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Fascinating... I have just been reading/learning about Yevgeny Yasin and his approach (attempt) to try efficiency improvement in the old Soviet Union with incentives for local Workers / Managers.
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