Is the Chinese Communist Party Doomed?

Professor Minxin Pei has a question: Is the CCP doomed?  It couldn't happen to a nicer bunch of people.  Still, here's a thought - change or die:

The answer to the question of how a one-party regime can manage its own political transformation to save itself is more interesting and complicated. 

Essentially, there are two paths for such regimes: the Soviet route to certain self-destruction, and the Taiwan-Mexican route to self-renewal and transformation.