China’s economic rise over the past few decades has been nothing short of remarkable. However, recent signs of economic slowdown, coupled with an aging population and a shrinking workforce, have raised concerns about the sustainability of its growth model. The government’s push to transition from an export-driven economy to one reliant on domestic consumption has […]
China’s Economic Malaise is Causing Disillusion Among the Young
For decades, China’s economy witnessed unparalleled growth rates, transforming the nation into an economic powerhouse. However, this rapid expansion has encountered significant challenges in recent times. China’s economy has been gradually transitioning from a manufacturing and export-driven model to one focused on domestic consumption and innovation. This shift, while necessary for sustainable growth, has led […]
China’s Dilemma in Trying to Manage Debt Crisis
The heart of the matter lies in balancing economic stability with debt containment. Striking this equilibrium is no small task. On one hand, China must address its debt situation, particularly concerning state-owned enterprises (SOEs), which are both central to the economy and sources of debt. Deleveraging campaigns and tighter lending regulations have been launched to […]
China’s Economic Pain is Deepening. Don’t Expect a Quick Rescue
China’s economy has been characterized by double-digit growth rates, positioning it as a global economic leader. However, the past few years have seen a gradual economic deceleration. Several factors have contributed to this shift, including a demographic transition marked by an aging population, trade tensions with the United States and other trading partners, a burgeoning […]
China’s Defense Minister Excludes US in Vow to Widen Military Ties
China’s military modernization efforts over the past few decades have been nothing short of remarkable. The country has invested heavily in defense technology, infrastructure, and personnel training, rapidly transforming its People’s Liberation Army (PLA) into a formidable force. With the second-largest defense budget in the world, China has developed advanced weaponry, including aircraft carriers, stealth […]
Purges Don’t Move Policy in China: An Examination of Political Campaigns and Their Implications
The roots of “Purges Don’t Move” can be traced back to the early years of the People’s Republic of China. Chairman Mao Zedong initiated several campaigns, such as the Hundred Flowers Campaign (1956-1957) and the Great Leap Forward (1958-1961), which resulted in significant purges, political repression, and economic setbacks. These campaigns played a pivotal role […]
The Vanishing of a Chinese ‘Wolf Warrior’ Diplomat
The term “Wolf Warrior diplomacy” takes its name from two Chinese action movies, “Wolf Warrior” and “Wolf Warrior II,” which feature a patriotic Chinese soldier taking on foreign mercenaries. This new breed of diplomats is known for their combative and nationalistic rhetoric on social media and in press conferences. They often engage in fiery exchanges […]