Chairman Mao

President Xi takes “core” leader role as China heads for political turbulence

Outside observers often imagine that China’s political structure is uniquely disciplined – unlike, say the US Republican Party, or the UK Labour Party, or indeed, political parties anywhere.  But the fact that most arguments take place behind closed doors, and aren’t reported in the state-controlled media, doesn’t mean that the arguments don’t happen. Yesterday’s announcement […]

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The Deng, Jiang model for China’s economic growth under Xi

Major change is already underway in China, with potentially enormous implications for all of us. Corruption is being stamped out via a policy of ‘shock and awe’ Similarly, wasteful lending is under attack in both the official and the so-called ‘shadow banking’ sectors Thirdly, pollution is being tackled by literally ‘sending in the bulldozers‘ to […]

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