Bloomberg News mapped the families of Communist China’s “Eight Immortals” to reveal the origins of princelings, an elite class that has been able to amass wealth and influence, and exploit opportunities unavailable to most Chinese. Bloomberg tracked 103 people – descendants including children, grandchildren and great grandchildren, and their respective spouses. The Immortals, now all […]
The United States surpassed the European Union in the first 11 months of 2012 to become the largest buyer of Chinese exports, according to data released by the Commerce Ministry on Tuesday. The value of US trade with China increased by 8.2 percent year-on-year to reach $438.62 billion, according to the ministry. At the same time, China‘s […]
Lying in a Beijing military hospital in 1990, General Wang Zhen told a visitor he felt betrayed. Decades after he risked his life fighting for an egalitarian utopia, the ideals he held as one of Communist China’s founding fathers were being undermined by the capitalist ways of his children — business leaders in finance, aviation […]
As the report at the 18th Party Congress has stated, China will hold high the banner of socialism with Chinese characteristics. It will free up the mind and implement reform policies. It will open up, pool strengths, overcome difficulties, and strive to complete the building of a moderately prosperous society. By 2020, when the CPC […]
The passing year was the People’s Republic of China’s (PRC) first opportunity to get up close and personal with the United States’ pivot back to Asia, the strategic rebalancing that looks a lot like containment. The PRC spent a lot of 2012 wrestling with contentious neighbors emboldened by the US policy, like Vietnam and the […]
“A modest man,” Winston Churchill supposedly quipped about Clement Attlee, his successor as prime minister, “but then he has so much to be modest about.” We should say the same about economists, particularly their ability to forecast anything in a useful and timely manner. Those predicting an imminent American economic decline have usually been no exception. This […]
East Asia has witnessed the recent ascent of conservative leadership amid territorial tensions – signaling not a futuristic vision for international harmony but a return to past rivalries. China‘s new leader Xi Jinping has already vowed to strengthen its military, creating what U.S. Admiral Michael McDevitt identifies as a “security dilemma” in Asia. While China understandably wants […]
The Gulf Cooperation Council said it will form a unified military command structure at a time when Iran poses a “very serious” security threat to the Middle East. The six-member group will coordinate air, land, and marine forces under one structure, Bahrain’s Foreign Minister Sheikh Khalid Bin Ahmed Al-Khalifa said today in a press conference after […]
Earlier this month the National Intelligence Council released its Global Trends 2030: Alternative Worlds report — a document that comes out once per presidential administration — mapping out likely geopolitical trends over the next two decades or so. As usual, it’s a must-read, offering comprehensive analysis of the disparate factors that will drive global politics through 2030. […]
Months of speculation about the possible development of an air-launched version of the Indo-Russian BrahMos supersonic cruise missile finally came to a head, with India and Russia announcing they had signed a co-development deal, with plans for a test-fire within six months. The deal was made public a day before Russian President Vladimir Putin was scheduled to arrive in […]
looking beyond borders 