Reports that Beijing is “experimenting” with its Tibet policy have surfaced recently, with suggestions that it was lifting – unofficially at least – a decades-old ban on the Dalai Lama’s image in certain ethnic Tibetan regions. Read Here – The Diplomat
The recent financial turmoil in China, with interbank loan rates spiking to double digits within days, provides further confirmation that the world’s second-largest economy is headed for a hard landing. Fueled by massive credit growth (equivalent to 30% of GDP from 2008 to 2012), the Chinese economy has taken on a level of financial leverage […]
(China and the United States) have a deeper intractable challenge that will, in the longer-term, get worse. What’s interesting is that they’re the inverse of each other: in the U.S., wealth and private sector interests capture the political system. In China, politicians capture the private sector and the wealth that comes with it. Read Here […]
As the United States seeks to navigate China’s rise, analysts have suggested several grand swaps between Washington and Beijing — sweeping deals, either tacit or explicit, in which the U.S. would back away from one of its long-standing Asian commitments in exchange for Chinese assistance on a separate matter of strategic importance. Read Here – […]
In the run-up to Hong Kong’s return to China in 1997, the world wondered what officials in Beijing would do with the place. Would Hong Kong’s dynamism and openness catalyze change in China, or would the Communist Party try to remake the freewheeling city-state in its image? Read Here – Bloomberg
The Chinese Communist Party (CCP) remains in power because its governance system has proven flexible enough to either respond to or preempt emergent social, economic and political pressures. Read Here – The Diplomat
The problem is that China does not really have a liquidity crisis; it has a debt crisis, and the debt crisis is the result of a slowdown in the economy. Despite claims from China’s National Bureau of Statistics that the economy is growing 7.7 percent, growth is more like 3 to 4 percent. And if […]
President Xi Jinping has asked senior Party leaders to play a leading role in improving governance, reaching out to the people and exercising frugality. Xi, the top Party leader, made the remarks during a four-day meeting attended by members of the Political Bureau, the Party’s top organ. Read Here – China Daily
China will almost certainly pass the United States in the total size of its economy within a decade or so. But if one looks also at military and “soft power” resources, the U.S. is likely to remain more powerful than China for at least the next few decades. Does it matter, asks Joseph S. Nye Jr? […]
Ten years after China sent its first man into low earth orbit, three astronauts operating the Shenzhou-10 spacecraft started a journey on a mission which seeks a permanent space station around 2020. Chinese President Xi Jinping said at the launch site that the crew carry a “space dream” of the Chinese nation and represent the lofty […]
