Avoiding the Blind Alley: China’s Economic Overhaul and Its Global Implications

By Daniel H. Rosen on October 1, 2014

President Xi Jinping announced a sweeping overhaul for China’s economy in November 2013, with pledges to make market forces decisive, treat homegrown and foreign investors with the same laws and regulations, and change the mission statement of the government. The reform program, known as the Decisions plan and presented at the Communist Party leadership’s Third Plenum meeting, is comprehensive and marks a turning point in China’s modern history. The degree of boldness also indicates that after 35 years of world-beating economic performance, China’s development model is obsolete and in need of urgent, not gradual, replacement. To justify the risks, President Xi quoted an impassioned plea for policy modernization by his predecessor Deng Xiaoping: the only way to avoid a dead end—a blind alley—is to deepen reform and opening both at home and with the world.

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Daniel H. Rosen
Topics: 
Economy
Keywords: 
Investment
Foreign Direct Investment
Chinese Communist Party
Xi Jinping
Organization: 
Asia Society

Why Hong Kong Remains Vital to China’s Economy

By S.R. on September 30, 2014

Foreign companies also use Hong Kong as their staging post for investing in China as it offers them something that no mainland city does: a stable investment environment, protected by long-established rule of law.

Although much of this money is simply passing through Hong Kong, foreign companies also use the city as their staging post for investing in China as it offers them something that no mainland city does: a stable investment environment, protected by fair, transparent courts that enforce long-established rule of law. - See more at: http://www.economist.com/blogs/economist-explains/2014/09/economist-expl...
Although much of this money is simply passing through Hong Kong, foreign companies also use the city as their staging post for investing in China as it offers them something that no mainland city does: a stable investment environment, protected by fair, transparent courts that enforce long-established rule of law. - See more at: http://www.economist.com/blogs/economist-explains/2014/09/economist-expl...
Although much of this money is simply passing through Hong Kong, foreign companies also use the city as their staging post for investing in China as it offers them something that no mainland city does: a stable investment environment, protected by fair, transparent courts that enforce long-established rule of law. - See more at: http://www.economist.com/blogs/economist-explains/2014/09/economist-expl...
Business, Economy, History, Law
Hong Kong, Rule of Law

China and ‘The Battle for Africa’

A China in Africa Podcast

By Eric Olander, Cobus van Staden & more on September 30, 2014

Al Jazeera stands alone among the major international news channels in its regular coverage of the Chinese in Africa. In the network’s latest documentary released in September 2014, veteran Sierra Leonean journalist Sorious Samura hosts “The Battle for Africa,” in which he examines the growing Chinese presence and the political response across the continent. The documentary’s producer and director, Clive Patterson, joins us to discuss the making of this compelling two-part television series.

Clive Patterson

on September 30, 2014

Clive Patterson has spent six years working in documentary film production, as a researcher, assistant producer, cameraman, editor, producer, and director on a number of productions for the BBC, Channel 4, and Al Jazeera English. He is currently a Producer for Insight TWI: The World Investigates and has produced, directed, and edited numerous films for People & Power on Al-Jazeera English, including “Return to Rwanda” (2010), “The 1% Solution” (2010), “Fools Gold” (2011), “How to Rob Africa” (2012), “Kenya’s Ticking Timebomb” (2013), “Kagame” (2014), and a two-part series called “The Battle for Africa” (2014). Patterson was born in Japan and raised in the U.K.

The Day that China Came to Hong Kong

By Mark L. Clifford on September 29, 2014

Hong Kong’s massive protests should have surprised no one. A bitter debate over political reform split the city. Beijing’s high-handed diktats deepened the anger. Before the protests, the question was whether or not the vast majority of this city of 7 million who favor a more rapid adoption of democracy would be cowed in the face of Beijing’s authority.

‘Against My Fear, I See That You Hope’

A Professor’s Open Letter to Her Hong Kong Students

By Denise Y. Ho on September 29, 2014

A week ago today I sat together with you outside the Chinese University of Hong Kong’s library, a teacher among other teachers, a university member beside students, 13,000 strong. The weeks before had felt quiet: at the three previous all-student meetings around the Goddess of Democracy statue, you listened respectfully to guest speakers—past student union presidents, a student who had been arrested on July 1, Leung “Longhair” Kwok-hung from the League of Social Democrats.