Past Chinese presidents have left the finer points of the economy to their premiers. Not Xi Jinping. Since taking over the ruling Communist Party in November 2012, Xi has given himself direct control over both short-term financial policies and broader economic planning. He exercises this power through two secretive “leading groups,” one a reform panel […]
Today, a new, but very different, “two Chinas” question is emerging. It centers on whether China is best understood as a strong country, with a promising future despite some short-term difficulties, or as a country facing serious structural problems and uncertain long-term prospects. In short, two very different Chinas can now be glimpsed. But which […]
Chinese civilization has historically been centered on its fertile east. Its expansion into the deserts of Central Asia creates fresh geopolitical opportunities for Beijing—and new dangers. Read Here – The National Interest
Forty-three years after Richard Nixon made his famous visit to China, that country has seemingly decided to take a page from the former U.S. president’s Treasury Department. As China lowers the value of the yuan, the country’s economic policy makers are mimicking the blasé attitude of Nixon-era Treasury chief John Connally, who dismissed international complaints […]
Once a British outpost on the far side of the New World, later a countercultural mecca known for its pot-infused vibe, Vancouver, Canada, is entering a new phase, transformed by immigration from across the Pacific. Greater Vancouver’s population of approximately 2.5 million is now 16% of Chinese origin; the city proper is 28% ethnically Chinese. […]
Along with Xu Caihou, another former vice chairman of the CMC and Politburo member who was expelled from the Party for corruption, Guo practically controlled the People’s Liberation Army for 13 years on behalf of Jiang Zemin, former president and chairman of the CMC as well as former general secretary of the Party. Read Here […]
President Xi Jinping’s Beijing doesn’t inspire confidence—not among the Chinese people, and not among those who live on China’s “peripheries,” who have taken note of the erosion of liberties that has accompanied this slow descent. Read Here – The National Interest
China has been making major efforts to increase its ability to influence other countries without force or coercion. In 2007, then-President Hu Jintao told the Communist Party that the country needed to increase its soft power; President Xi Jinping repeated the same message last year. They know that, for a country like China, whose growing […]
One of China’s overriding strategic goals is to thwart the U.S. rebalance of attention and resources to the Asia-Pacific region. At the twin summits of the Brazil-Russia-India-China-South Africa forum (BRICS) and the Shanghai Cooperation Organization (SCO) in Ufa, Russia, President Xi Jinping presented the outlines of the triple approach that Beijing will utilize. Read Here […]
In China, the invisible hand of the market sometimes needs help from the iron fist of the state. That’s certainly true after a meltdown vaporized $3.5 trillion in the value of shares traded on the Shanghai and Shenzhen exchanges. Read Here – Bloomberg China Tries Japan’s Approach to a Stock Bubble – Bloomberg View
looking beyond borders 