At the 19th Party Congress, Xi Jinping explained how China will move to the center to the world stage through modernization. Yet how Xi defines the roles of the state and the market remains unclear.
China has a unique economy where both state and market play an important role. Western observers often misunderstand issues such as China’s growth model, debt problems, and potential housing bubbles.
China is unique in terms of its economic performance but is not exceptional. People need a different set of assumptions to understand China’s economy even though the economic principles for analysis are the same.
Comparing Xi Jinping’s report at the 19th Party Congress to earlier such documents provides an excellent indicator of continuities and recent changes in Chinese foreign policy.
It has been just over twenty years since the handover of Hong Kong from the United Kingdom to the People’s Republic of China. In that time, the city has continued to be economically dynamic, but faces social, economic, and political challenges.
China’s 19th Party Congress is all set to confirm President Xi Jinping’s consolidation of power. But for many China watchers, the question is whether economic reforms will accelerate afterwards.
Exactly twenty years have passed since the Asian financial crisis, a landmark event that triggered massive economic disruption in the heart of Asia even as its shockwaves reached as far afield as Russia and Brazil.
As Europe becomes a preferred playing field for Chinese foreign direct investment, leaders of bloc nations have been drawn into a debate on the creation of a long-anticipated screening mechanism.
How President Xi Jinping addresses his country’s major economic challenges after the 19th Party Congress will determine whether he will be a transformative leader similar to Mao Zedong or Deng Xiaoping.
The upcoming Nineteenth National Congress of the Communist Party of China is a milestone event that begins October 18.
This Chinese-language monthly offers objective and original policy analysis on China for American and Chinese researchers and policymakers.
The Carnegie Asia Program in Beijing and Washington provides clear and precise analysis to policy makers on the complex economic, security, and political developments in the Asia-Pacific region.