Xi Jinping promised again in the opening speech of the Nineteenth PRC Congress the openness of the Chinese economy, protection of foreign direct investments and of intellectual property rights. He was met with a pretty healthy dose of skepticism by Western stakeholders and commentators … Advertisements
Tom Holland makes the perfect synthesis of the Chinese economic model : China has adopted a mixed economic model, under which market incentives direct much of the day-to-day activity, but where state control ensures that that activity supports the government’s greater political goals. And as far as Xi is concerned, it seems to be working.…… Continue reading All under Heaven
No one thinks seriously nowadays that China will politically liberalize in the near future, and Xi Jinping’s grip on power seems to confirm it. It seems more and more probable that he’ll not relinquish power in 2022, at the end of its ten-years two-mandates tenure. The (not-so) surprising fact is that there are still people…… Continue reading China Dream and China Dreamers
The Chinese are spying the Western countries as aggressive as the Russians, but are far more subtle. And they’re stealing especially economic & business secrets.
Well, according to the Economist, it is Xi Jinping. Not necessarily because a Chinese President is already more powerful than the American one, it is because Mr Xi has now more clout than Mr Trump.
Geely Automotive acquired the majority in Saxo Bank, a Danish financial platform, after having previously bought the Swedish carmaker Volvo. The Chinese are here to stay and we have to get accustomed to the new normal.
China and South Korea have their worst bilateral relations in 25 years, since their re-establishment in 1992. And it is beyond North Korea and THAAD : the South Koreans have searched for a re-balancing of their former dependence from the US (military) and Japan (economic), and looked hopefully toward the Popular Republic. Hence, the 2015…… Continue reading South Korea feels the heat of China’s embrace