Category: Stories of The Dragon: China, The world’s first Superpower

Stories of The Dragon: China, The world’s first Superpower, with eyes everywhere

Life and soul of the Party Xi Jinping has been good for China’s Communist Party; less so for China 党的生命和灵魂 习近平对中国共产党有好处, 对中国来说也是如此

Contradicting Deng Xiaoping, Mr Xi has concentrated vast power in his own hands

“THE Road to Rejuvenation”, a permanent exhibition at the National Museum of China in Beijing’s Tiananmen Square, tells the story of China’s “century of humiliation”. Beginning with the Opium wars, it recounts the rise of the Communist Party and the establishment of the People’s Republic in 1949.… Read Full Article

The world’s most powerful man Xi Jinping has more clout than Donald Trump. The world should be wary. 世界上最强大的人习近平比唐纳德·特朗普更有影响力。 世界应该警惕。

Do not expect Mr Xi to change China, or the world, for the better

AMERICAN presidents have a habit of describing their Chinese counterparts in terms of awe. A fawning Richard Nixon said to Mao Zedong that the chairman’s writings had “changed the world”.… Read Full Article

‘Chess in an impenetrable black box’: Who really holds the power in China? “国际象棋在一个不可穿透的黑匣子中”:谁在中国真正拥有权力?

(CNN)–Unlike the gossipy, open democracies of Western societies, it is almost impossible to know who truly holds power in the opaque world of Chinese politics.

The country is ruled by the Chinese Communist Party, in a one-state system, making whoever occupies the highest positions in the party among the most powerful.
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‘A Week In China’ Is Not Long Enough To See Beyond The Hyperbole “一个星期在中国”不够多,看不出超音波

I write about the political economy of China and its major industries Opinions expressed by Forbes Contributors are their own.

If ever it was possible to imagine what a rippling eruption of raised eyebrows across the landscape of China watchers might look like, the best chance at confirming that impression came a couple of weeks ago, as FT readers around the world cast their bleary morning gaze at the remarkable testimony  of a businessman’s recent visit to the country.… Read Full Article

Misconceptions of China’s economy 对中国经济的误解

Original Source

By Brian Wang

Foreign Affairs has an article by Yukon Huang (Senior Fellow Asia Program) that tries to correct misconceptions about China’s economy.

Predictions of China’s future economy have varied wildly.

Among the many popular beliefs are:

* China’s high debt levels will inevitably lead to financial crisis but its debt as a share of GDP places it around the middle of major economies

* Corruption has negative consequences for China’s growth but deepening corruption has facilitated rather than impeded growth

* It is impossible for U.S.… Read Full Article

Is China’s Economy Just A Giant ‘Ponzi Scheme’? 中国经济是巨人“庞氏骗局”吗?

Original Source

I write about the political economy of China and its major industries  Opinions expressed by Forbes Contributors are their own.

A rather startling op-ed appeared in the South China Morning Post on Sunday suggesting that the entire Chinese economy is just one giant Ponzi scheme that will inevitably collapse.… Read Full Article

Taiwan Is Suffering From a Massive Brain Drain and the Main Beneficiary is China 台湾遭受大面积流失,主要受益人是中国

Original Source

By Nicola Smith / Taipei

Money talks. At least it did for Eddie Chen and, presumably, for many of the 420,000 of his Taiwanese compatriots who opted to earn a higher salary by working in mainland China.

Chen, 26, moved from the Taiwanese capital, Taipei, to Beijing in 2014, first to study a Masters on a full scholarship, and then to work in PR for a major international company.… Read Full Article

Hong Kong’s mini apartments boom as property prices soar 随着物业价格的飙升,香港的小型公寓热潮

Original Source

  • By KELVIN CHAN, AP BUSINESS WRITER — HONG KONG

Donny Chan reads on his bed in his apartment, one of a growing number of tiny, upscale units known as “microflats” in Hong Kong, June 10, 2017. Hong Kong’s property developers are scaling down, way down, for younger, middle-class buyers, offering micro-sized upscale apartments with stratospheric price tags.

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