Honoured as the chief architect behind the reform and opening-up policy, Deng has been acknowledged as the core of the second generation of central leadership that led China out of chaotic political movements and into unprecedented prosperity. Read Here – Global Times
The idea of the “China model,” which gained currency in the wake of the 2008 economic crisis, reflects a growing indifference among Chinese elites to Western political systems and economic liberalization, and their renewed interest in a “Chinese path” to development, underpinned by State intervention. This mix of populist nationalism and statist authoritarianism continues to […]
In China, three demographics increasingly stand out: Unmarried young workers, couples who have delayed or foregone childbirth, and elderly empty-nesters. 160 million Chinese households, or 40 percent of the nationwide total, now consist only of one or two people. Read Here – TeaLeafNation
Xi Jinping’s hold on political power is both more direct and came earlier than Deng Xiaoping’s, who had to combat Mao’s designated successor Hua Guofeng for influence. Even after winning the power struggle, Deng still ruled only indirectly, as he never formally served as the CCP’s general secretary or China’s president or premier. In contrast, […]
China’s economy grew 7.7 percent in 2013, overshooting the official target of 7.5 percent, But a shaky start this year, as shown in soft manufacturing activity, has put the focus on how the government will pace and sequence its overhauls while guaranteeing solid growth amid the world’s fragile recovery. Economic growth predicted for 2014 at […]
In the 12 months since Xi Jinping assumed the presidency of China, he has amassed more power more swiftly than any Chinese leader since Deng Xiaoping, foreshadowing changes in the way China governs itself and deals with the rest of the world. Read Here – Businessweek
Xi Jinping, delivering his first New Year’s address as China’s president, said the country must press ahead with reforms in 2014 to improve livelihoods and make the country “rich and strong.” Read Here – Bloomberg
Beijing lawmakers and sociologists have urged the government to prepare for a possible baby boom after the capital relaxes its family planning policy next year. Read Here – Xinhua
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
looking beyond borders 