Although the Party’s carrot-and-stick approach has worked since 1989, it is doubtful that it will retain its efficacy for another 17 years. To the extent that China’s authoritarian regime is by nature exclusionary (it can only incorporate a limited number of elites), the co-optation strategy will soon run up against its limits, and the Party will no longer have the resources to buy off the intelligentsia or keep private entrepreneurs happy.
尽管中共的胡萝卜加大棒的政策自1989年以来一直奏效，它能够在下一个17年里维持其效力还很难说。只要中国的专制统治政权在本质上排除异己（它只能吸纳数量有限的精英），拉拢收买策略不久就会黔驴技穷，而中共也就不会再有资源来收买知识分子或者让私营企业家心满意足。