The Chinese government is trying to lift spirits, but it has failed to offer realistic plans to address the country’s deep-seated economic problems.
For anyone hoping that the National People’s Congress (NPC) in Beijing last week might have filled the economic policy void left by the silence of policymakers over the long winter months —and the still unannounced Third Plenum — there was only disappointment. There were no surprises in the main speeches and policy documents, no new or comprehensive proposals to address China’s systemic economic problems, and no convincing case that the government’s ‘around 5 per cent’ GDP target f
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Chinese companies have decided that the best place to make money right now is outside of China. The phenomenon known as chu hai (出海), which translates to “go global,” has taken hold, marking a kind of second 'go out' initiative. This time, however, Chinese companies are being met with scrutiny and suspicion.
The former Commerce Secretary and ambassador to China talks about how his background shaped his approach to dealing with Beijing, the pivot to Asia and negotiating Chen Guangcheng's release.
A podcast about how the two nations, once friends, are now foes.
Hear why things are so complicated now. Host Jane Perlez, former New York Times Beijing bureau chief, talks with diplomats, spies, cultural superstars like Yo Yo Ma, and more to understand why the dangers are so high, and why relations went awry.