China’s Pain Points

Here are some of China’s economic pain points: bloated state-owned companies; banks with rising bad loans and local governments drowning in debt; massive overcapacity in the property market; bad investment in the wrong places. Read Here – Bloomberg

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China Rains Money Over Africa

President Xi Jinping has announced assistance and loans totalling $60 billion for Africa to help the continent address its top three difficulties: infrastructure, talent and funding. At the opening ceremony of the Forum on China-Africa Cooperation Summit, Xi said the funding plan was announced to ensure that China rolls out 10 concrete plans for cooperation in […]

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China Announces Military Overhaul In Efforts To Make Army More Combat Ready

Chinese President Xi Jinping has requested breakthroughs in reform of the country’s armed forces by 2020, vowing to reorganize the current military administration structure and military command areas. Xi, also chairman of the Central Military Commission, made the remarks at a meeting on reforming the armed forces which was held from Nov. 24 to 26. Read […]

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China’s New Silk Road Dream

For centuries the Silk Road, stretching across deserts, steppes, and mountains, linked the imperial dynasties of China with Europe. Chinese rulers used the thoroughfares to expand their power and influence deep into Asia. Today a newly assertive Chinese empire—this time, a communist one—is undertaking a gargantuan project to re-create those ancient trade routes and the […]

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Not Temporary Fixes, But Structural Reforms

    Chinese Premier Li Keqiang‘s recently published article on China’s reform drive and international cooperation shows the country’s pragmatism and determination, and charts a new and unprecedented blueprint that will also benefit world economic growth. Li’s article titled “China’s economic blueprint”, which was published in the Economist magazine on Nov. 2, depicts the direction and […]

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Truth-Telling On China’s Economy

As the leaders of 17 countries gathered in the Philippines Wednesday for the annual Asia-Pacific Economic Cooperation forum, Chinese President Xi Jinping stated the obvious. “The Chinese economy is a concern for everyone,” he said. “We will work hard to shift our growth from just expanding scale to improving its structure.” Read Here – BloombergView

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Why India Must Track China’s Development Plan

After Huawei, Xiaomi, and a number of Chinese smartphone producers, LeTV will launch its new smartphone in India early next year. With deepening engagement, China and India will have a bigger platform to cooperate. The upcoming 13th five-year plan is not only about China’s reform and innovation but also about the close integration and shared […]

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