How China's Financial Cracks Could Spread
on October 17, 2017
Can financial turmoil in China play havoc with the rest of the world? It has already happened.
Can financial turmoil in China play havoc with the rest of the world? It has already happened.
If anyone thought that what happens in the Chinese Communist party stays in the Chinese Communist party, a determined gadfly ensconced in New York has proven them wrong.
The Tiangong-1 or “Heavenly Palace” lab was launched in 2011 and described as a “potent political symbol” of China, part of an ambitious scientific push to turn China into a space superpower.
China’s Communist Party is getting into app development big time, with dozens of apps to educate and promote social networking among party members hitting the country’s Apple and Android app stores.
Two articles with different predictions about Wang Qishan published on ‘The Straits Times’ website, on October 13, 2017 and August 24, 2017.
Oliver Melton is an analyst with the Bureau of Intelligence and Research at the U.S. Department of State, where he focuses on Chinese economic issues. Over the past decade, he has covered Chinese economic, military, and social issues for the Economist Intelligence Unit, the China Economic Quarterly, Voice of America, and CENTRA Technology.
Melton received a Master’s in Public Policy from the Harvard Kennedy School of Government and a Bachelor’s degree from the University of Chicago. He speaks and reads Chinese.
In the coming weeks, every major Western newspaper and many top China analysts will be making strong claims about Chinese leader Xi Jinping’s political position in the wake of the 19th Party Congress. These reports will build off years of tea-leaf reading and Pekingology that collectively underpin a now familiar story of élite political strife met by Xi’s personal consolidation of power. Their accounts will end either with Xi “solidifying his dominance” or “succumbing to the countervailing forces of his rivals”—and they will project an air of certainty.
A section of the “This Is Africa” exhibit at the Hubei Provincial Museum in Wuhan included side-by-side photographs of animals and people displaying similar expressions. One pair included a young boy and a howling chimpanzee, each photographed with their mouths agape.
He paints himself as the Che Guevara of Chinese crony capitalism, a billionaire insurgent vowing to bring down the system from the comfort of his $68m New York home.
In a speech at this year’s annual meeting of the World Economic Forum in Davos, Xi Jinping said choosing protectionism was akin to “locking yourself in a dark room.” But his rhetoric doesn’t square with reality, multinationals say.