“Weijian Shan grew up during the Cultural Revolution and spent his childhood in a hard labor camp. Today, he is chairman and CEO of PAG, a private equity firm and author of, “Out of the Gobi: My Story of China and America.” He reflects on the current tension between two schools of thought: One which seeks to move forward and abandon the system of party control over economic activity and the other that wants to hold onto the previous system of an active government presence in the economy.”

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