Commentary archive

  • Portrait of Pingfan Hong

    China’s Interest-Rate Challenge

    NEW YORK – China’s successful transformation from a middle-income country to a modern, high-income country will depend largely on the reform…

  • Portrait of Minxin Pei

    China’s Dream World

    CLAREMONT, CALIFORNIA – Ruling elites almost everywhere – whether in democracies or in authoritarian regimes – believe that clever sloganeer…

  • Portrait of Zhang Monan

    China’s Hidden Debt Risk

    BEIJING – In the last 200 years, there have been more than 250 cases of sovereign-debt default, and 68 cases of domestic-debt default. None …

  • Portrait of Graham Allison

    Lee Kuan Yew’s China

    CAMBRIDGE – On the question of how the evolving relationship between the United States and China will influence the international order, the…

  • Portrait of Steve Tsang

    China without North Korea

    NOTTINGHAM – North Korea’s third nuclear test is a game changer not only for the United States and Japan, but also for the regime’s last all…

  • Portrait of Zhang Monan

    The Limits of China’s Consumer Revolution

    SHANGHAI – China’s economy is at a crossroads. As 2013 begins, foreign and domestic observers alike are asking which path the country’s econ…

  • Portrait of Minxin Pei

    Regime Change in China?

    CLAREMONT, CALIFORNIA – One question that should have been asked about the Chinese Communist Party’s just-completed leadership transition is…

  • Portrait of Zhu Feng

    The World According to Xi

    BEIJING – On November 15 Xi Jinping became General Secretary of the Chinese Communist Party and Chairman of the CCP’s Central Military Commi…

  • Portrait of Minxin Pei

    China’s Troubled Bourbons

    CLAREMONT, CALIFORNIA – Sometimes the books that a country’s top leaders read can reveal a lot about what they are thinking. So one of the b…

  • Portrait of Sin-ming Shaw

    The Re-Education of Hong Kong

    HONG KONG – After less than 100 days in office, C.Y. Leung, Hong Kong’s new Chief Executive, is already in political intensive care. In reco…

  • Portrait of Wenran Jiang

    Islands of Nationalism

    BEIJING – If the recent tension between China and Japan over disputed islands in the East China Sea is any indication, relations between the…

  • Portrait of Minxin Pei

    Why China Can’t Adjust

    CLAREMONT, CALIFORNIA – China’s current economic slowdown has no shortage of causes: Europe’s financial turmoil, sputtering recovery in the …

  • Portrait of Michael Raska

    China on the Launch Pad

    SINGAPORE – Behind a veil of secrecy, China’s development of strategic and tactical missiles is well into its third generation of modernizat…

  • Portrait of Jamie Metzl

    The Paradox of China’s Reform

    NEW YORK – The compelling drama of former Chongqing Communist Party chief Bo Xilai’s ouster amid allegations of corruption and murder, and o…

  • Portrait of Minxin Pei

    The Myth of Chinese Meritocracy

    CLAREMONT, CALIFORNIA – Political scandals sometimes perform a valuable function in cleansing governments. They destroy the political career…

  • Portrait of Minxin Pei

    The Paranoid Style in Chinese Politics

    HONG KONG – Henry Kissinger, who learned a thing or two about political paranoia as Richard Nixon’s national security adviser and Secretary …

  • Portrait of Ma Jian

    Britain’s Cultural Kowtow

    LONDON – You would think that the British, having practically invented appeasement, and paid a heavy price for it, would know better. But ap…

  • Portrait of Minxin Pei

    China’s Politics of the Economically Possible

    CLAREMONT, CALIFORNIA – When sound economic advice is divorced from political reality, it probably will not be very useful advice. The histo…

  • Portrait of Sin-ming Shaw

    The Pig, the Wolf, and the Dragon

    HONG KONG – Political mayhem has broken out in Hong Kong, and has caught China’s government, already in the midst of a delicate political tr…

  • Portrait of Minxin Pei

    Nixon Then, China Now

    CLAREMONT, CALIFORNIA – When US President Richard Nixon embarked on his historic trip to China 40 years ago, he could not have imagined what…

  • Portrait of Steve Tsang

    China’s Syrian Folly

    NOTTINGHAM – In vetoing the United Nations Security Council’s draft resolution on Syria, China claims that it has acted in the interests of …

  • Portrait of Keyu Jin

    Why Capital Flows Uphill

    LONDON – At first, it seems difficult to grasp: global capital is flowing from poor to rich countries. Emerging-market countries run current…

  • Portrait of Ma Jian

    The Power of China’s Powerless

    LONDON – No sooner had I finished reading an article that eulogized Václav Havel, the playwright turned dissident turned peaceful revolution…

  • Portrait of Justin Yifu Lin

    Demystifying the Chinese Economy

    WASHINGTON, DC – China had an advanced and prosperous civilization for millennia until the eighteenth century, but then degenerated into a v…

  • Portrait of Karl P. Sauvant

    China, Inc. Goes Global

    NEW YORK – China’s economy is now taking its next great leap forward: parts of its manufacturing sector are now moving up the value-added ch…

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