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Summary:

The book analyzes the challenges and potential paths forward for China's political, economic, and social development, considering the sustainability of the Communist Party's rule. It discusses the need for reform and the possible scenarios for China's future, including the implications for its global role.

Key points:

1. Reform or Stagnation: Shambaugh says China must reform or risk economic stagnation. The Communist Party's actions will determine if China can avoid the "middle-income trap" and maintain global influence.

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