In the six months since he took over as General Secretary of the Chinese Communist Party (CCP), Xi Jinping has accumulated more power and more personal authority than any Chinese leader since Mao Zedong, the founder of the People’s Republic of China (PRC) whom Xi often quotes. Even Deng Xiaoping had to contend with a […]
To be sure, Chinese leaders would prefer balanced high growth to low growth. However, the current leadership is aware of the enormous risks of allowing highly distorted growth to continue. Since 2008, Beijing has maintained growth with a massive injection of credit, much of it invested in speculative real estate, excessive industrial capacity, and infrastructure […]
Publics around the world believe the global balance of power is shifting. China’s economic power is on the rise, and many think it will eventually supplant the United States as the world’s dominant superpower. Read Here – Pew Research
Well before Li and President Xi Jinping officially took the reins in March, exports were falling, manufacturing was contracting and economists were downgrading forecasts. Big reforms are always easier when growth is booming. If Li could wave a magic wand and get gross domestic product back into double-digit territory without pumping more air into China’s […]
When China published her defense white paper “the Diversified Employment of China’s Armed Forces” in April 2013, the western critics lauded the efforts but pointed out that China didn’t put much meat on the bone and that the paper is again short on details that people would like to see. Read Here – China US […]
Chinese state-run media is reporting that the People’s Liberation Army Air Force has modified one of its planes — what appears to be a Y-8 airlifter (basically, Beijing‘s version of the U.S.-made C-130 Hercules) — to carry the kind of broadcast equipment capable of taking over a country’s radio and TV channels. It’s another sign that […]
There is broad consensus both within and outside China that the existing regime relies primarily, if not solely, onperformance for its legitimacy. Hence the popular theses of “resilient authoritarianism” and “adaptive authoritarianism”: the Chinese party-state has to do and has been doing everything possible to navigate a complex and sometimes unstable domestic and international environment […]
For China, 2013 is becoming the year of the credible shrinking GDP growth target. Earlier in the year, the old 8% norm was shaved down to an official estimate of 7.5% by China’s State Council. Last week, Finance Minister Lou Jiwei moved that to 7%, and said an even lower number was possible. Read Here […]
While the international media has extensively analyzed the demonstrations and street clashes in Turkey, Brazil and Egypt over the last several weeks, there has been very little coverage of the street violence happening in China’s Xinjiang Uyghur Autonomous Region (aka East Turkistan). Read Here – The Diplomat
China‘s reform-minded leaders are more willing than ever to raise the pain threshold for the economy to push through long-term reforms, despite a protracted slowdown that has sparked calls for looser monetary policy. Read Here – Reuters
looking beyond borders 