The badly handled crisis at the stock markets and the unfortunate devaluation of China´s currency are still casting shadows on the country´s financial future, says economist Arthur Kroeber at CNBC. At this stage it is very unclear whether the central government has the capability to handle needed financial reforms.Read More →

While much work remains to be done, China and the US has set an important step forward in curbing carbon emissions, writes analyst Sara Hsu in the Diplomat. “At present, China’s cap-and-trade systems do not address price distortions in the nation’s socialist economy.”Read More →

While at the beginning of his tenure, market forces popped up regularly in the official parlance, by now it is clear that centralized power is key for president Xi Jinping, with markets at a second place at best, says economist Arthur Kroeber in the New York Times.Read More →

When President Xi Jinping visits Washington next week, there is a fair chance the long-awaited bilateral investment treaty (BIT) between China and the US might get finalized. A win-win for both countries, writes financial analyst Sara Hsu in the Diplomat.Read More →

If the big military parade in Beijing proved one thing, it is Xi Jinping is firmly in charge, writes defense analyst Wendell Minnick in Defense News. “Instead of party members, Russian President Vladimir Putin stood shoulder-to-shoulder with Xi.”Read More →

Stanford sociologist Andrew G. Walder rewrote the history of Mao Zedong as we knew it in his book China Under Mao: A Revolution Derailed, where he argues that Mao was not inspired by Communism, but a poor understanding of Stalinism. Journalist Ian Johnson interviewed him for the New York Times.Read More →