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One of the most important questions today concerns the extent to which the Chinese regime will be able to transform itself, to respond to the internal challenges it faces, and to play a positive role in world affairs. Almost continuously since the start of its reform program 30 years ago, questions have been raised about Chinese power, its underlying nature, and its valuation.Valérie Niquet is Director of Ifri's Asia Center (centre Asie Ifri), in charge of the China Program.