Following the conclusion of the 18thParty Congress, a new Politburo Standing Committee, the top leadership body of the Chinese Communist Party, has been named. Much of the recent commentary has revolved around whether or how China’s new leaders will pursue much-needed economic and political reforms. An equally important question concerns the future direction of Chinese foreign policy under Xi […]
In China they are known as “princelings” — the privileged children of the revolutionary founders of the People’s Republic of China. And in the generational leadership change that just took place in Beijing, it could not have been clearer that having the right family bloodlines is among the most important attributes an ambitious cadre could possess. Of […]
The 18th National Congress of the Communist Party of China has selected the country’s next leaders. The leadership transition, however, will be formalized only with the consent of the National People’s Congress (NPC)—a puppet parliament with highly predictable voting patterns. Officially the highest state body in China, the NPC is mostly a showcase of democratic mimicry. […]
Chinese Vice Premier Li Keqiang, promoted last week to the No. 2 spot in the ruling Communist Party and set to take the job of premier in March, said three decades of economic opening must be accelerated as the push to overhaul the economy encounters obstacles. Li, speaking Nov. 21 at a meeting in Beijing, […]
This month, a curious thing happened in the annals of diplomacy. A country offered up a peace plan to put an end to a seemingly endless civil war in Syria. This country was not one of the usual foreign policy suspects — it was not the United States, it was not in Europe, and it wasn’t Syria’s […]
Xi Jinping, the new head of China’s ruling Communist Party, told his fellow leaders that unless they address corruption social unrest may rise and it could lead to the demise of the party. “The preponderance of facts tell us that the more severe the corruption problem becomes, it will ultimately lead the party and the nation […]
For China bulls, things are starting to look up. The property market has been showing signs of life, and October retail sales, investment, and industrial production have come in above forecasts. A manufacturing index also showed improvement, and exports increased 11.6 percent in October, the fastest pace in five months. Yet one figure is going in […]
China’s central bank governor said convertibility will be the next step in the overhaul of the exchange-rate system as calls grow for the nation’s new leadership to deepen changes in the economy to sustain growth. “For the central bank, I think the next movement related to the yuan is going to be reform of convertibility,” Zhou Xiaochuan said at […]
In the course of a U.S. presidential campaign, the American public is bombarded with surveys asking voters to rank the relative importance of various issues, and whether they think the country is overall on the right track. Not so in China, where another leadership transition has just concluded, with the 18th Party Congress choosing Xi […]
There is no fiscal cliff in China, and probably no sex scandal at a spy agency waiting to burst, yet China’s new leader, Xi Jinping, is under just as much pressure as U.S. President Barack Obama to hit the ground running. Xi is assuming control of the Communist Party at a time when there is […]
looking beyond borders 