Is there a larger purpose to the Chinese government’s recent actions against the country’s largest corporations, and does its clean-up of the financial sector fit into its economic strategy? China has sought for at least 15 years to rebalance its growth from exports and fixed-asset investment to greater domestic consumption – efforts that have assumed a new urgency, owing to conflicts with the United States (US) and other countries. As long as its domestic market expands, Ch

Chinese President Xi Jinping warned that relations between Beijing and Taipei were "grim" on Sunday, urging the island's main opposition party to help seek "unification of the country."China views self-ruled democratic Taiwan as part of its territory and vows to retake it one day, by force if necessary.Xi has become the most bellicose leader since Mao Zedong, describing the seizure of the island as "inevitable."In a congratulatory letter to Eric Chu – the ne

Within the span of a generation, a new super-rich class emerges from a society in which millions of rural migrants toiled away in factories for a pittance. Bribery becomes the most common mode of influence in politics. Opportunists speculate recklessly in land and real estate. Financial risks simmer as local governments borrow to finance railways and other large infrastructure projects.

United States (US) President Joe Biden and Chinese counterpart Xi Jinping talked for the first time in seven months Thursday, with both leaders urging a path away from conflict but holding ground on the fierce competition between the superpowers.In the 90-minute call, Biden warned against misunderstandings that could lead to confrontation between Washington and Beijing, the White House said, while Xi called for a new direction in a relationship beset by "serious difficulties".&n

During the four decades of the Cold War, the United States (US) had a grand strategy focused on containing the power of the Soviet Union.

For over a year they have whipped up outrage against the West, but as China's "wolf warrior" diplomats are told to tone down the fury, they face an unexpected source of opposition: nationalists at home.Under fire in recent years over issues ranging from human rights abuses to blame for the COVID-19 pandemic, Beijing unleashed a new breed of diplomat that became known as "wolf warriors" – a popular term for belligerent nationalism inspired by a Chinese blockbuster film

Human beings approaching 100 normally think about death. But political parties celebrating their centennial, as the Communist Party of China (CPC) will on 1 July, are obsessed with immortality. Such optimism seems odd for parties that rule dictatorships, because their longevity record does not inspire confidence. The fact that no other such party in modern times has survived for a century should give China’s leaders cause for worry, not celebration.

Late last month, the American actor John Cena issued a grovelling public apology after having referred to Taiwan as a “country” in an interview to promote his latest film. Though he was using the term to refer to a linguistic media market with a discrete distribution channel, not to the status of the island of Taiwan in international law, the Chinese government would make no allowance for such distinctions. What are we to make of this episode?

Despite their increasingly bitter rivalry, the United States (US) and China have recently been sending the right signals regarding potential cooperation on combating climate change.