China's regional officials lobby ministries for infrastructure projects at their high-end 'Beijing offices' where they also operate hotels, bars, restaurants, karaoke boxes.
President Xi's recent public statements and actions indicate that China is pivoting away from a free-market economy to a more governed way of dictating the market forces.
Xi Jinping's tight control over media and dwindling access of foreign journalists to Chinese leaders has made it difficult to report on corruption at the highest levels of CCP.
CCP has issued a decree allowing kids no more than 3 hours of online gaming per week. The time freed will be used to revise Xi Jinping Thought, now part of school curriculum.
The CCP's centenary celebration was all over Chinese social and mainstream media platforms. Xi Jinping experienced a peasant's life and his party made inroads into younger groups.
Unfortunately for Beijing — and in contrast to choreographed celebrations of Communist Party's 100th anniversary — not all the factors of future growth are under their control.
Sounding a warning note, Chinese President Xi Jinping said if anyone attempts to oppress or bully China, they will find themselves on 'a collision course with a great wall of steel'.
The Italian term sprezzatura—a studied nonchalance that conceals intention—best captures the spirit of Trump’s foreign policy so far. The pattern is unpredictability, transactionalism, and disruption as diplomacy.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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