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Analysis: The West thought China's market reforms would inevitably lead to democracy. The West was wrong. Here's how China really works.

SHANGHAI — For decades, the West has confidently believed that China’s embrace of capitalism would usher in freedom and democracy. Investors, the markets and the rising middle class would demand it. Yet today, China is hardly any more democratic. Instead, its leaders have embraced another great Western innovation — spin – to ensure their monopoly on power.

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