In ProMarket, the publication of the Stigler Center at the University of Chicago Booth School of Business, Prof. Minxin Pei is quoted in a Stigler Center panel, part of a series of conversations on China’s current situation and future prospects. “[Xi] wants to create a new narrative in China that would convince the Chinese people that China’s day in the sun has arrived, [that] he’s elevated China to a new status in the global community.” Whether he succeeded in achieving these goals, Pei said, is a complicated question