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Careful, Mrs May, we need bright students

They cited the civil service code as their reason for not doing so, which cut no ice with Downing Street. She is the clear bookies’ favourite among Tory cabinet ministers to succeed David Cameron as party leader, with Boris Johnson her only serious rival. Mrs May is tough, which is why Tory supporters like her. Theresa May is one of the most sign [...] Read more ...

via Thesundaytimes
21 Dec 2014

Is China really just the new Australia?

Shambaugh writes at one point in his conclusion that China can be seen as a ‘middle power’, a regional power, like Australia. Nevertheless, the world has pro­foundly changed China since 1978 and China is now beginning to change the world. In other words, 300 million Chinese are learning American and 200,000 Americans are learning Chinese. The [...] Read more ...

via Tribunemagazine
21 Dec 2014

Just How Successful Is Xi Jinping?

Last week, Arthur Kroeber, Editor of the China Economic Quarterly opined that “…the Chinese state is not fragile. The regime is strong, increasingly self-confident, and without organized opposition.” His essay, which drew strong, if divided, attention, cautioned in its title, “Here Is Xi’s China: Get Used To It.” Following below is a se [...] Read more ...

via Chinafile
21 Dec 2014

Xi’s Reform Gambit

When Deng Xiaoping initiated China’s market-oriented reforms 35 years ago, he was taking the biggest political risk since the founding of the People’s Republic in 1949. Now that President Xi Jinping has initiated his own, equally risky program of reform, one must ask whether his strategy, too, will pay off. Read more ...

via Project-syndicate
21 Dec 2014

Beyond bling

IF LUXURY MEANS Bond Street or the Place Vendôme for you, Hong Kong comes as a shock. Billboards touting Swiss watches and Italian shoes dominate the skyline. At [...] Read more ...

via Economist
21 Dec 2014

Here Is Xi’s China: Get Used To It

The prevailing mood among China-watchers in 2014 was one of anxiety and skepticism. The year began in the shadow of Chinese assertiveness in the East and South China Seas. Economic concerns quickly took over: by February the property market seemed on the verge of an epic collapse thanks to the previous year’s sharp monetary tightening. At midyear [...] Read more ...

via Chinafile
21 Dec 2014