The atmospherics surrounding Xi Jinping’s coming trip to Russia – his first visit to a foreign country as China’s new president – remind me of a slogan from my early childhood in the late 1950’s: “Russia-China, Friendship Forever.” The irony is that, even in that slogan’s heyday, Sino-Russian relations were deteriorating fast, culminating in spasms […]
In the last 200 years, there have been more than 250 cases of sovereign-debt default, and 68 cases of domestic-debt default. None of these was an isolated incident. Indeed, such defaults – combined with factors like large current-account or fiscal deficits, overvalued currencies, high public-sector debt, and insufficient foreign-exchange reserves – have always triggered financial […]
The party, for Xi Jinping, is paramount. It should not only lead and unite the people, but also build socialism with Chinese characteristics. In there is a message for the Chinese people: The party is the only organisation that can look after you and ensure your well-being; it will continue to do so even it […]
Chinese President Xi Jinping said here Tuesday that cooperation among BRICS countries will help make the global economy more balanced, improve global economic governance and promote democracy in international relations. Read Here – Xinhua
This month’s session of China’s National People’s Congress probably wasn’t one for the history books. Talk of reform continued, but the new government positions don’t go past a number of small-bore reforms that aim to centralize the management of a range of hot-button issues. Read Here – The Diplomat
China’s rising economic influence has leaders around the world on the edge of their seats. But Beijing is an abnormal great power. Its international potential is constrained by significant domestic economic vulnerabilities, and the inward-looking Chinese leadership has yet to craft a nimble and constructive international posture. And as the Chinese economy normalizes, its growing […]
Since Xi Jinping was anointed as China’s new president, reports of official repression of dissent have hardly abated. But, while criticism of China’s human rights record clearly has merit, it is important not to lose sight of the extent of genuine political change in China. Read Here – Project Syndicate
The new lineup of China’s State Council, nominated by Premier Li Keqiang, was endorsed by lawmakers at the ongoing national legislative session here Saturday afternoon. Zhang Gaoli, Liu Yandong, Wang Yang and Ma Kai were endorsed as vice premiers, with Yang Jing, Chang Wanquan, Yang Jiechi, Guo Shengkun and Wang Yong as state councilors, at […]
In a move that came as a surprise to no one, the nearly 3,000 delegates of the National People’s Congress elected 59-year-old Xi Jinping as president of China, replacing 70-year-old Hu Jintao, on March 14 in the Great Hall of the People in Beijing. Xi is expected to serve two five-year-terms, following precedent. The vote: one […]
Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, was elected president of the People’s Republic of China (PRC) and chairman of the PRC Central Military Commission (CMC) on Thursday. The plenary meeting of the first session of the 12th National People’s Congress (NPC) also elected Zhang Dejiang chairman of the NPC […]
