Since 2010, global financial circles have been obsessing about China’s slowing economy. But, while the country barely met the official target of 7.5% annual GDP growth in the second quarter of this year – generating significant anxiety worldwide – China’s government seemingly remains calm, showing no indication that it plans to launch yet another stimulus […]
Bo Xilai, the former Politburo member charged with bribery and abuse of power, will go on trial on Aug. 22, bringing the Communist Party’s gravest scandal in more than 20 years a step closer to its conclusion. Bo will face trial in the eastern Chinese city of Jinan in Shandong province, the official Xinhua News Agency […]
We live in a world where no single country or group of countries can provide dominant, sustainable global leadership—G-Zero, as I call it—and that’s in large part because so many countries lack solid leadership at home, writes Ian Bremmer. Read Here – Reuters
China’s leaders going back to Deng Xiaoping have made the case that the country could—and should—pursue economic reform before political reform. Now, they are pursuing neither. Why? Economic reforms, initiated at the end of 1978 by Deng, have enriched state institutions, and these institutions have been able to translate economic success into political power. They […]
Between 1978, the year Deng Xiaoping’s sweeping economic reforms were launched, and 2011, China’s GDP increased by an average of 10 percent annually, three times that of the global economy. Now the boom times may be over. Read Here – National Interest
With austerity the reigning buzzword in Beijing, it’s tempting to assume that China is finally joining the West’s ongoing debate about macroeconomics. In reality, China’s leaders are drawing on a vastly different intellectual history. Read Here – Foreign Affairs
If Chinese leaders hope that the trial will put an end to the most sordid political scandal since the death of Mao Zedong, however, they are wrong. They will no longer speak of Bo after he is dispatched to the infamous Qincheng Prison outside Beijing, where the Communist Party imprisons disgraced senior officials. The questions raised […]
When he visited Washington in February of last year, then Chinese Vice President Xi Jinping talked about “a new type of relationship between major countries in the 21st century.” Since then, he has been elevated to general secretary of the Communist Party and this formulation has been shortened to “a new type of great-power relationship.” American […]
President Xi Jinping has championed efforts to build China into a maritime power, adding that the country will pursue “converging interests” with other countries in oceanic development. At a study session with members of the Political Bureau of the Communist Party of China (CPC) Central Committee on Tuesday, Xi called for efforts to learn more about […]
China’s economy has shown signs of not working since the fall of 2011, but most economists and analysts chose to ignore them. Now, just about everyone is commenting on Chinese economic weakness. Expert opinion never seemed more synchronized. Read Here – WorldAffairsJournal
looking beyond borders 