While China is seriously trying to get to terms with the end of the zero-Covid policies since the end of December 2022, international business has not been following suit, according to the Financial Times. International business delegations and other foreign visitors have not yet returned to Shanghai, writes the paper.Read More →
China veteran Ian Johnson describes how faith and value systems in China have been developing over the past century and how the government and the communist party acted on religion at the USCCA.Read More →
China’s crackdown on its tech sector in the past few years might have loosened, but the fallout is still hurting its development after the government has loosed its grip, says business analyst Shaun Rein to AP. “The crackdown was deep and cut far to the bone, probably more than the government expected it to,” said Shaun Rein,Read More →
China saw for the first time its population drop. Journalist and author Zhang Lijia explains in the South China Morning Post why the government should take this development seriously and what actions it could take. “Leaders will have to learn to treat citizens with respect,” she adds.Read More →
A default of the US is highly unlikely, even in the current chaotic political setting in the United States, says leading China economist Arthur Kroeber, but today the risks for China are much higher than during the 2008-2009 crisis. A crisis would not offer an opportunity to build an international financial system around the Renminbi, next to the US dollar, he adds in the ChinaFile.Read More →
China is heading for a fundamental breakdown, argues Harry Broadman, Partner, and Chair, Emerging Markets Practice, Berkeley Research Group LLC, at a wide-ranging speech at the Charleston Chamber of Commerce, November 2022 (Charleston, South Carolina). It started by bailing out investors at its stock markets, which are no real markets, he says. Read More →
China veteran Ian Johnson, senior fellow for China studies at the Council on Foreign Relations think-tank, discusses at Channel News Asia how different China might treat much-discussed political issues like Taiwan after the visit of US House speaker Pelosi and possible new tracks in economic directions. The recent shift of focus towards the private sector as a key part of China’s economic growth strategy is more of a “tactical adjustment” instead of a change in the leadership’s thinking, said Mr. Johnson.Read More →
Strategic analyst Victor Shih, author of Coalitions of the Weak, (2022), looks at China’s sudden exit from its contested zero-Covid policy. Was it because of the protests, was it planned before, and what does it mean for the country’s domestic policies and economics? A discussion at the New Yorker on how decisions at the top-level take place.Read More →
Now China suddenly started to retract its zero-Covid strategy, strategic analyst Ian Johnson looks back at how the country got itself into this unprecedented mess at the Prospect. The economic slowdown and high unemployment “are all underlying issues that actually make the government’s challenge greater than first appears,” says Ian Johnson.Read More →
China is taking a short breath from the anti-Covid protests and comes to terms with the effect of the sudden relaxation of the zero-Covid measures. Political analyst Victor Shih takes a step back at KQED and looks at the fallout of the protests in the short term.Read More →
China lawyer Mark Schaub looks back at the achievements of President Jiang Zemin, who passed away last week. “A Man Who Did Not Get The Recognition He Deserves,” Schaub writes at his China Chitchat.Read More →
Former president Jiang Zemin was not only known for his relaxed way of dealing with foreign leaders, he is also fondly remembered by many of the Chinese who met him, recalls author and journalist Zhang Lijia at China File. “Now he is gone. Amid economic downturn and political repression, the Chinese public are remembering his positive side, his warmth and color, and his many talents, such as singing. Nostalgia, like old wine, tastes better as time goes by,” Zhang Lijia writes.Read More →