Topic
Twenty-seven years have passed since the death of China’s reformist leader Deng Xiaoping, but it seems that today there are different interpretations of his legacy – a worrying and disappointing development.
The ‘reform and opening up’ started under Deng Xiaoping was about both economic and spiritual liberalisation, but policy regression could derail those efforts.
Despite its role in supporting China’s economic boom, private capital still carries a whiff of notoriety in the country.
Prominent pro-market researcher Chi Fulin says China has fallen short of various targets, including capital account convertibility, set in 2013.
The public come out in person to lay flowers over the weekend at Li’s childhood home and key places in his career.
As the world’s second-largest economy moves toward self-sufficiency, concerns are rising that inward-looking priorities could undermine Beijing’s commitment to open up, while foreign investors feel neglected.
But despite China’s ‘weaker and more fragile economy’, its openness to trade has been outperforming that of large developed economies, according to the latest China Pathfinder assessment.
‘Do not believe nor circulate’ attempts to question China’s basic economic system, China’s CPPCC chairman tells representatives of business communities at ‘two sessions’ gathering.
In the decade or since Beijing hosted the Summer Olympics, the country’s relationship with developed economies has descended into antagonism and confrontation.
Shenzhen has been the nation’s shining beacon of reform and opening-up for decades, and new guidelines released this week show it will continue to be for years to come.
As global investors continue to pour billions into Chinese bonds and equities, HKEX has a key role to play as a ‘connector’, says Nicolas Aguzin.
Changes in mainland China led Hong Kong to change course, become global financial centre it is today.
Beijing has in recent weeks issued a deluge of new regulations on industries ranging from tech to private education, raising concerns about the effect of tighter control on the economy.
‘Discourse and ideology need to be controlled by the central government’, and Beijing ‘aims to rectify education itself’, industry insider says.
Beijing has designated Shenzhen a model socialist city with special powers to make reforms, but the exact size of the city, a key to determining progress, appears to be a mystery.
Vice-Premier Liu He says China’s ‘dual circulation’ strategy does not mean reducing interaction with the outside world and the nation will continue economic opening.
Since last week, China’s bond market has seen defaults by a mine operator, an integrated circuit maker and a car manufacturer – rocking investor confidence across the nation.
Incoming foreign direct investment to China rose for a seventh consecutive month in October to US$12.4 billion, despite rising geopolitical tensions.
Entrepreneur Chen Zhilie and architectural engineer Lu Jianxin shared the stage with the president at a carefully choreographed ceremony on Wednesday.
Xi Jinping on Wednesday praised Shenzhen for showcasing China‘s potential for economic transformation as the country enters a new era of ’unprecedented problems’.
Chinese president tasks city with becoming world-class innovation powerhouse and says it will be given more autonomy to make reforms.
From land use to hiring global talent, Beijing is looking to give the southern boom town of Shenzhen a major role in nation’s economic and technological rivalry with the United States.