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, […]
LESS than a week after the biggest shuffle of China’s leaders in a decade, the prime-minister-in-waiting, Li Keqiang, set tongues wagging with a speech about the country’s economic development. A government news-agency gushed that if his words could be summed up in four syllables, they would be “reform, reform”; if in six, then “reform, reform, […]
China’s growth has slowed a bit this year, but the surge in vivid predictions about the country’s future continues to amaze observers. This observer, at any rate. Experts foresee imminent financial collapse or an uninterrupted rise to economic preeminence. The ruling Communist Party will either loosen or tighten its grip. The consequences for the U.S. […]
What comes next for China’s ambitious Dalian Wanda Group, one of the country’s largest entertainment and commercial real estate companies? Fresh on the heels of its September $2.6 billion acquisition of AMC Entertainment, the Beijing-based private company plans to buy a British business early next year (more details to come on whether it will be […]
There are many challenging numbers confronting China‘s new leaders, but two are especially stark. China has 20 per cent of the world’s population, but only nine per cent of the world’s farmland. And even that imbalance in the amount of land available to produce food for an increasingly demanding population of 1.3 billion is getting worse […]
looking beyond borders 