China’s demographics are poised to create a new ‘silver economy’ — but industry insiders say the nascent sector is still far from a sure bet.
People outside a community elderly care center at the Suzhou Industrial Park in Suzhou, Jiangsu Province, December 1, 2020. Credit: Ji Chunpeng/Xinhua via Getty Images
Chen Dongsheng knows a thing or two about riding China’s economic waves. For the past 30 years, Chen has leveraged his connections — he’s married to Mao Zedong’s granddaughter — in order to read the political tea leaves, and he’s successfully cashed in in the process. In 1993, he co-founded China’s first auction house, China Guardian Auctions; the year after, he launched Zhaijisong, one of the country’s largest logistics and delivery firms; and in 1996, he founded Taikang Life, a
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Not content to run the world’s second most powerful country for a decade, Xi Jinping set about changing everything everywhere all at once. In an excerpt from their new book, Steve Tsang and Olivia Cheung examine how Xi seized personal control of China’s foreign policy apparatuses.
The academic talks about whether China’s experience shows there can be such a thing as ‘good environmental authoritarianism’, and what the U.S. could learn from its approach to green policy.
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