China plans major bond market reform to raise the money the ruling Communist Party needs for a 40 trillion yuan ($6.4 trillion) urbanization program to buoy economic growth and close a chasm between the country’s urban rich and rural poor. The Party aims to bring 400 million people to cities over the next decade as the […]
Speculating about China’s possible political futures is an intellectual activity that intrigues some and puzzles many. The conventional wisdom is that the entrenched Chinese Communist Party (CCP), so determined to defend and perpetuate its political monopoly, has the means to survive for an extended period (though not forever). A minority view, however, holds that the CCP’s days […]
IN HUNAN province last August, Tang Hui was sentenced to 18 months in a labour camp. Her crime was to demand tougher sentences for the men who had kidnapped and raped her 11-year-old daughter. In days gone by, Ms Tang would simply have disappeared. In the age of the microblog, thousands of incensed middle-class people […]
The Chinese feel strongly about China, but are indifferent to the party. Yet state and party are united, and the absence of popular responsibility towards keeping the party as government could see the country forfeited. Political participation is the key to the stalemate. During the next plenary session of the Chinese parliament, the National People’s […]
China said it will seek a higher “quality and efficiency” of growth next year, signaling new leaders may accept a reduced pace of expansion in exchange for a more sustainable model. There was no mention of seeking “relatively fast” growth, a policy in place since 2006, in a report yesterday by the state-run Xinhua News […]
Washington‘s aggressive pursuit of containment of China and Beijing’s difficulty in launching major economic and political reforms will likely prove an explosive mixture. Meanwhile, Japan, India, and other Asian powers exploit the logic of “two ovens”. The 18th Congress of the Chinese Communist Party was to be the springboard for economic and political renewal in […]
The recent 18th Party Conference has been widely seen as a victory for retired Chinese President Jiang Zemin. Ten years after leaving office his faction remains a force to be reckoned with in the Communist Party — outgoing President Hu Jintao succeeded in placing only one close ally, Prime Minister Li Keqiang, on the Politburo […]
It was an interesting November for spectators on the island of Taiwan. Taiwan’s media has been paying close attention to the results of the U.S. presidential election and the recently-concluded 18th Congress of the Chinese Communist Party (CCP). Taiwan is awkwardly positioned between two giants, having close relations with the U.S. and an undetermined political […]
China’s growth has slowed a bit this year, but the surge in vivid predictions about the country’s future continues to amaze observers. This observer, at any rate. Experts foresee imminent financial collapse or an uninterrupted rise to economic preeminence. The ruling Communist Party will either loosen or tighten its grip. The consequences for the U.S. […]
Following the conclusion of the 18thParty Congress, a new Politburo Standing Committee, the top leadership body of the Chinese Communist Party, has been named. Much of the recent commentary has revolved around whether or how China’s new leaders will pursue much-needed economic and political reforms. An equally important question concerns the future direction of Chinese foreign policy under Xi […]
looking beyond borders 