China’s princelings come of age in new leadership

In China they are known as “princelings” — the privileged children of the revolutionary founders of the People’s Republic of China. And in the generational leadership change that just took place in Beijing, it could not have been clearer that having the right family bloodlines is among the most important attributes an ambitious cadre could possess. Of […]

Rate this:

China’s New Party Chief Xi Gets Strong Mandate For Action

China‘s president-in-waiting Xi Jinping won a strong mandate  to lead the world’s second-biggest economy and deal with problems ranging from corruption to economic uncertainty. Xi was appointed head of both the ruling Communist Party and its top military body as the ruling Communist Party unveiled a new leadership line-up consisting of conservatives and respected financial reformers. In […]

Rate this:

Let’s Start Talking, Now

Barack Obama, re-elected president of the United States, will start his new term in January. Xi Jinping, who will lead China for the next decade, will start his stint soon after. The two will have to become friends if they are to ensure that the global economy’s baby steps towards recovery are not crushed midway. […]

Rate this:

China’s Economic Espionage

Mao Zedong believed that revolutionary fervor could overcome technological backwardness. But when more pragmatic leaders took power in Beijing, they found that China lagged so far behind the West that the country risked permanent second-class status. Mao’s successor, Deng Xiaoping, launched China’s rise by reforming the economy and opening the country to the West. With […]

Rate this: