The Chinese Communist Party’s Third Plenum released its plan for reforms, including moving toward the free market in allocating resources, abolishing prison reeducation, easing the one-child restriction for some families and eliminating local control over the judiciary. Despite such guidance on reforms, though, the plan is also designed to strengthen the party’s control, writes journalist […]
The roadmap for China’s foreign exchange reforms has now come into focus, following the recent conclusion of the landmark Third Plenum, which outlined the blueprint that is set to shape the direction of economic reforms in the world’s second-largest economy for the next decade. Read Here – The Diplomat
Gold’s burnished appeal in China stems in part from a lack of alternative investments. While the MSCI All-Country World Index of equities rose 18 percent this year through Nov. 22, the Shanghai Composite Index slumped 3.2 percent. Policymakers clamped down on property investments in March to cool the housing market, ordering the central bank to raise down-payment requirements […]
The recent Third Plenum of the 18th Chinese Communist Party’s Central Committee inaugurated a number of significant reforms. Among the most interesting developments is China’s establishment of a new “State Security Committee” (SSC), an important step in further centralizing power into the hands of the party’s top leadership. Read Here – The Diplomat
China’s 850 cities are witnessing the largest urbanization movement in human history. By 2025 China is expected to have 221 cities with over a million inhabitants and 23 cities with more than 5 million people. Such explosive urban growth is straining Chinese infrastructure. Read Here – The Diplomat
In the latest move in China’s anti-waste campaign, central authorities have issued rules to standardise fund management and ban Party and government extravagance Read Here – China Daily
The Chinese leaders see no contradiction between economic and social liberalization on the one hand and more political control on the other. In fact, in their minds, the latter is the condition for the former. Lightening up and tightening up are two sides of the same coin. Read Here – Bloomberg
Watching China’s economic planning process, Indians may be tempted to ditch democracy. Here’s why they shouldn’t. Read Here – The Diplomat
With the United States bogged down by economic troubles at home, wriggling to organize its departure from Afghanistan and grappling with a variety of crises in the Middle East, it comes as no surprise that China is using the opportunity to invest considerable time and money into reviving the so-called Silk Road. Read Here – RealClearWorld
China’s political and economic engagement in Africa is deep. Between 2009 and 2012, China’s direct investment in Africa grew at an annual rate of 20.5 percent. While negligible in 2000, trade between the regions hit $195.8 billion in 2012 and is estimated to reach $385 billion by 2015. Read Here – The National Interest
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