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Beijing policy makers do not need creative ways to post higher consumption numbers; they need more efficient forms of demand. China’s problem is rapid credit growth, and the low consumption share is just a symptom of the problem.
Beijing needs to clarify how it will treat surveillance aircraft and other potentially “threatening” military planes that are transiting the air defense zone but not heading toward Chinese airspace.
China’s future lies as much in maintaining political stability as in sustaining rapid growth.
Reforms to China’s financial sector could be introduced at the upcoming third plenum. But if Xi has a serious political and social reform agenda, it probably will not be implemented before 2017.
The standard package of market-based financial reforms will not work until China’s banks are subjected to increased competition.
Despite China’s very real challenges, the argument that the country is headed for a financial collapse is implausible, while the argument that growth will fall to 3-4 percent is illogical.
With the U.S. nuclear umbrella shrinking and nuclear threats in Asia becoming greater and more complex, analysts cannot dismiss a nuclear-armed Japan as a purely academic exercise.
Indonesia faces tough economic challenges that could slow growth over the long term. The country’s next president needs to address these issues steadily and relentlessly.
China faces difficult constraints in rebalancing its economy.
State-owned enterprises have been significant value destroyers in China's economy, but CCP concerns over losing a political base will likely constrain economic reform efforts.