Chinese basketball superstar Yao Ming carries China's flag during the 2008 Summer Olympics opening ceremonies. Beijing's hosting of the Olympics marked a major symbolic milestone in China's development.
For the past two decades China has been a poster child of successful globalization. But its integration into the world economy and global trends drive and constrain Beijing's ability to manage growing social, economic and political challenges. In a YaleGlobal Online series article, Thomas Fingar looks at the global implications of China’s development challenges.