China has huge and long-term presence in Gilgit-Baltistan and is building extensive road, bridge and telecom networks to sustain it. The drivers compelling China to develop Karakoram Corridor are diverse and mainly pertain to its economic, strategic and political ambitions. However, the projects, which currently serve the strategic and economic interests of the investor, need to […]
With the European debt crisis, Japan’s return to recession, and the U.S. fiscal cliffhanger, China’s ability to keep on growing is getting a triple test. This week, both China bears and China bulls can point to numbers that seem to prove their cases. For those downbeat about China’s chances, the grim export figures for November […]
With his trip to Shenzhen and other places in southern China, Xi Jinping, the new leader of China’s Communist Party, has all but declared himself to be a reformer in the vein of Deng Xiaoping. Chinese politics is always full of signs, symbols, and suggestions. After a year characterized by a confusing mix of “signs […]
China and the United States are on a collision course — over accounting. Last week, the U.S. Securities and Exchange Commission (SEC) charged the Chinese affiliates of the world’s top five accounting firms with violating securities laws for refusing to hand over information on suspect Chinese companies to investigators. The move is the latest, most dramatic step […]
Six cities in Liaoning province, including Shenyang and Anshan, recently announced they are converting abandoned industrial sites to farmland. Dongguan, once a booming factory center, is on the verge of bankruptcy as companies close, leaving the local government severely cash-strapped. Just two years after China overtookthe U.S. to become the world’s largest manufacturer, the country faces the […]
New dynamics are emerging in the crucial Sino-Indian relationship. The two Asian giants are developing deeper global cooperation, while at the same time remaining stuck in a pattern of regional rivalry. Their disputed border, India‘s involvement in the growing confrontation in the South China Sea, and the US “pivot” towards Asia steer the Sino-Indian dynamic […]
For many years top Chinese politicians have lived a bit like rock stars, without the paparazzi. Never mind that few of the political elite have swagger like Jagger, China’s leaders have long enjoyed walking red carpets, waving before enthusiastic (if preorganized) crowds, traveling with large entourages, and speaking from stages adorned with crimson banners and […]
The recent 18th Party Conference has been widely seen as a victory for retired Chinese President Jiang Zemin. Ten years after leaving office his faction remains a force to be reckoned with in the Communist Party — outgoing President Hu Jintao succeeded in placing only one close ally, Prime Minister Li Keqiang, on the Politburo […]
Three weeks in, the new administration of Xi Jinping has already begun work on a major project that represents a sharp break from the Hu administration: spin. Xi’s speeches and appearances of the past month have drawn a sharp contrast with his predecessor’s studied lack of personality. His public speeches as leader of the Party […]
China’s growth rebound, forecast to have gathered pace in November, is bypassing smaller businesses in a sign the government may need to step up policy support to secure a more broad-based recovery. Industrial production growth probably accelerated for a third month to 9.8 percent from a year earlier, while retail sales probably rose 14.6 percent, […]
looking beyond borders 