Hu Jintao’s Conservative Balance-Oriented Leadership of China

Jiang Zemin left behind a China of contradictions in many respects. On the one hand, a nation that had experienced impressive economic growth but on the other hand, the frequently unsustainable nature of that economic growth came with its own set of problems, from externalities such as pollution to ideological inconsistencies (with many members of


Why You Should Care About the Shanghai Cooperation Organisation (SCO)

If you ask 10 relatively politico-economically literate individuals what NATO is, it is quite probable that 8 or 9 will know. Ask the same people what the SCO is and more likely than not, you’ll be on the receiving end of 10 shrugs. Yet despite its less than stellar notoriety outside diplomatic circles and despite


The (Surprising) Rule of Jiang Zemin

The term of Jiang Zemin, the let’s say successor of Deng Xiaoping, is fascinating to observe not because he has a similar legacy to put on the table (hint: he doesn’t) but rather because he was someone who was able to make the most of the cards he was dealt politically and as such, his


Deng Xiaoping and the Modernization(s) of China

As mentioned in our article about Mao Zedong, an attitude shift with respect to the proverbial West started taking place near Mao’s death but it was a fairly… well, let’s call it modest one. Not only was it modest, the reasons behind it were less related to the intention of embarking on a journey toward


Are Reforms (Still) Necessary in China?

As an outside observer, it’s hard not to succumb to the temptation of continuously praising China for its post-1978 economic results. Indeed, the reforms implemented by its post-1978 leaders, from Deng Xiaoping to Xi Jinping, have generated impressive economic growth in a way that past generations would have had difficulties even trying to comprehend. However,


Making Sense of China’s True Growth Potential?

There are perhaps three main aspects which make some analysts believe China doesn’t have all that much growth potential anymore: China currently has a very high nominal GDP (90 trillion Yuan for 2018, roughly $13 trillion), so how much room can there possibly be to continue not just growing but also outperforming other nations? As


Could China Be at the Center of the Next Monetary System?

For a reasonably long period of time, currencies were fully backed by gold or silver. In other words, a piece of paper money was simply a bank note (hence the name, an etymology long-forgotten as far as most people are concerned) that granted you the right to receive a certain amount of precious metals, should


China, the United States and the EU in the Context of the Next Financial Crisis

Never before has this much time passed between recessions than at this point, with the 2007-2008 Global Financial Crisis (commonly referred to as the Great Recession) seeming like a distant memory… this should mean it’s time to celebrate, right? After all, so much prosperity that will seemingly never end must be a good thing… or


Can China’s GDP Keep Growing?

One of the most common concerns I come across during discussions concerning China’s impressive GDP growth track record is the fact that perhaps there’s just no longer all that much room to grow. And, sure, it’s understandable why this concern exists. Think about the fact that on the very homepage of this website, it’s written