Premier Li Keqiang says that China’s economy remains a source of the world’s growth thanks to people’s zest for innovation, entrepreneurship and stronger international cooperation. China’s confidence is well-grounded and not “blind optimism,” the premier said in a speech at the World Economic Forum’s event in northeast China’s Dalian, known as Summer Davos. Read Here – […]
For Xi, even the slightest perception of a stumble is politically risky. In the two-and-a-half years since he came to power, his anti-corruption drive has turned many of his former comrades into bitter enemies. The bureaucracy, frozen in fear and outraged about the loss of many of its privileges, including entitlements to bribes, may well […]
If China is indeed making the transition it has long said it wishes to make, it would look like what we are now seeing. Both the IMF and the World Bank have in recent months pointed to compelling evidence that the transition is well under way, and it’s one of which they heartily approve. It’s […]
The good news is Xi is changing tack. Rather than just tossing more stimulus at the economy and stocks, he’s redoubling efforts to reform the inefficient and opaque state-owned enterprises at the root of so many of China’s vulnerabilities. In other words, Xi is finally working to strengthen China’s foundations rather than papering over the […]
China’s growth has slowed largely as a result of changes in its fundamentals: less favorable demographics, a shift in emphasis from exports and public investment to the service sector and domestic consumption, and lower demand from advanced economies. But China’s past success also contributed to this slowdown, in the form of higher wages, which narrow […]
China’s spectacular military parade on Thursday – the occasion of the 70th anniversary of the defeat of Japan in World War II – marks the coming of age of the modern Peoples Liberation Army. This was underscored by the announcement President Xi Jinping made that China would cut some 300,000 personnel from its 2.3 million […]
The current China conundrum lies in both economic and political dimensions, although much of the alarm about China’s economic downturn appears to be misplaced or overstated. China’s economic fundamentals essentially are solid. Multiple indicators point to a growth slowdown that remains broadly in line with the leadership’s game plan, and the authorities can draw upon […]
The inability of the world’s second-biggest economy, its representatives and its leaders to communicate and interact with the world is plain bad news for everybody. If you are not able to tell your story, people tend to make up their own tales. Perceptions matter and as Beijing would know, the Chinese aren’t the most loved […]
The Chinese conquest of Tibet was a calamity for the Tibetans — and a disaster for India. This book is a sad chronicle of the tragedy that followed the Chinese defeat of the Tibetan army in 1950 and the signing of the 17 Point Agreement affirming Chinese sovereignty over Tibet. Though the agreement was to enable Tibet to live […]
looking beyond borders 