China saw the border conflict as a way to evolve the PLA from an antiquated fighting force to a modern one
From Pakistan to Tanzania to Hungary, Chinese President Xi Jinping’s ambitious modern Silk Road initiative hits political, financial hurdles
Public opinion in the United States has turned against free trade. Donald Trump’s election win was tied to an aggressive campaign promising to address trade imbalances, with a particular focus on Chinese trade practices
It is very easy to claim that China works to suppress economic competition — one only need point to the state sector.A stronger claim is that China’s suppression of competition remains intense compared to market economies, with effects starting at home but also extending overseas. And that the outlook...
China’s central bank is drafting a package of reforms which would give foreign investors greater access to the nation’s financial services industry, according to sources familiar with the matter. The People’s Bank of China will convene an internal meeting on Tuesday to discuss its...
There should be no difference in the trading price of the yuan in offshore and onshore markets, a senior official from China’s foreign exchange regulator said on Wednesday. “In an ideal situation, there should be only one unified yuan price in the global markets,”...