Mao Zedong and his followers have tried to eradicate cultural icon Confucius, from China’s history. But with some help from current president Xi Jinping, Confucius is making a comeback, reports journalist Ian Johnson, author or The Souls of China: The Return of Religion After Mao for the New York Times.Read More →
Journalists and political analysts look at the political bubbles emerging from the ongoing meeting of the Communist party in Beijing, it makes more sense to look at the underlying economic currents, says renowned economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®. At NPR he looks back at some difficult years.Read More →
China’s leadership is gathering this week in Beijing to prepare another five-year plan, and affirm president Xi Jinping for another five-year term. Journalist Ian Johnson looks for the New York Times at the new role China is playing in the world. “His China could become a model for digitally driven authoritarianism around the world.”Read More →
China’s close to one trillion US dollar investment program One Belt, One Road (OBOR) is facing serious pitfalls that could stop it from succeeding, writes financial analyst Sara Hsu in the Huffington Post. Insufficient due diligence is just one of a range of potential barriers, she writes.Read More →
China’s shift from a planned to a market has lifted millions out of poverty, but for many women the deal has been a bad one, says Beijing-based journalist Zhang Lijia, author of Lotus: A Novel on prostitution in China at Sea Globe.Read More →
Both Tencent and Alibaba have become power players, even eclipsing the formerly leading economic state-owned companies, says innovation-specialist Matthew Brennan in ATimes. So maybe they [think they] need to clip their wings a little,” adds Mr Brennan.Read More →
China has lifted hundreds of millions out of poverty and president Xi Jinping vowed to give the last millions of poor also a better life. Economics professor Sara Hsu of the State University of New York explains in CCTV what the country’s receipt for poverty relief has been.Read More →
China’s financial authorities are cracking down on outbound deals, but not all deals are off-limits, says business analyst Ben Cavender. Especially smaller deals seem to avoid political scrutiny, he tells CNBC.Read More →
Chinese authorities have started to regulate the usage of the bitcoin. That is not necessarily a bad thing, writes Shanghai-based lawyer Mark Schaub at the website of his law firm. “Regulation should be seen as an opportunity, too. More stringent rules translate to lower investment risk and increased legitimacy.”Read More →
As China’s autumn meeting on decisions for the next five year looms, private capital has clearly brought to heel and is deployed to support the state economy, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® to the South China Morning Post. “State enterprises are guaranteed a “dominant” role in the economy,” Kroeber saidRead More →
The decision by the Cambridge University Press to bow to Chinese censorship and block over 300 articles on its China site has shocked the academic world. Journalist Ian Johnson , author of The Souls of China: The Return of Religion After Mao, reports on the issue for the New York Times and tested from Beijing what he could no longer get.Read More →
State-owned companies are getting a stronger grip on the economy, at the expense of private capital, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, at the New York Times. The major investment of major tech firm in China Unicom was just the latest move.Read More →