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Tag Archives: China
China + Russia = Anxiety?
I have spent the last few weeks in the UK, Russia, and Hong Kong. The UK was very standard British — gloomy grey skies and damp air, wretched coffee (for the most part, better to stick with tea), and a … Continue reading
What China Wants
Last week’s APEC meeting in Beijing shed new light on China’s relationship with America and the world. It has become increasing clear what China wants. China seeks a role in Asia comparable to the role that America has enjoyed with … Continue reading
Hong Kong is NOT Tiananmen
Hong Kong’s protests present a major problem for China’s leadership in Beijing. This is not 1989, when China used its army and tanks to dispel student protests in Tiananmen Square. Both China and the world have changed; and Hong Kong … Continue reading
CHINA SHRINKS FROM REAL CHANGE
It is easy for China’s enormous economic growth in recent years, as well as the development of Shanghai, Chongqing, and Shenzen into modern metropolises, to give observers a sense of China’s great confidence and success. Clearly that is what President … Continue reading
Gloomy Data?
Yesterday I posted my impressions of the economy in China. While I saw clear evidence of booming consumption in Beijing, this seems to be supported by deep inequality and a scramble for ‘grey’ (off -the-books) income rather than by broad … Continue reading
China’s Trade DEFICIT — that’s right, deficit
Last month China had a trade deficit of $31.5 billion. That is not a large sum, but if sustained for a year it would lead to an annual deficit of over one-third of a trillion US dollars. The monthly deficit was China’s largest … Continue reading