The Chinese economy has developed at a remarkable pace over the last 30 years.  The integration of China into the world economy has led to extraordinary flows of foreign direct investment, infrastructure buildup, and an impressive export capacity.   As we look to the future, both domestic and international considerations bear on the capacity for China to continue on this robust course and for the world to adjust to China’s growth and changed role. The differences in philosophical, legal, and governance systems between China and the West suggest that the challenges will be formidable and that cooperation and mutual benefit will require extraordinary attention.