Zhu Rongji’s “Big Move”

How did the late premier convince local governments to surrender fiscal revenues to Beijing? In an extract from his recent book, Authoritarian Markets, Adam Y. Liu explains how Zhu played his trump card — letting local governments set up their own banks.

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Montana in the Middle

From Mike Mansfield to Max Baucus and Steve Daines, Montana has been the unlikely source of America’s most influential China-hand senators over the past half-century. But amidst spy balloons, trade wars and mutual paranoia, being...

The Moonshot Moment

The launch of Kimi K3, one of China’s most powerful AI models to date, prompted a reckoning in the U.S. and triggered a regulatory storm.