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China’s Challenges

37 commentaries

The Chinese authorities' grand policy pronouncements of recent months have given rise to serious concerns about President Xi Jinping's ability to overcome the powerful vested interests that are impeding economic rebalancing and long-term growth. Can China sustain its rapid economic and political rise, or will domestic malaise undermine its regional and global ambitions?

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  1. The Perils of Financial Freedom
    ChinaBankofChina_Liu Tao_Flickr Liu Tao/Flickr

    The Perils of Financial Freedom

    May 9, 2014 Adair Turner warns that full liberalization of China's bank sector could lead to another global crisis.

  2. Russia and the Silk Road Approach
    PutinXiG20meeting_Host Photo Agency_g20russia.ru Host Photo Agency/g20russia.ru

    Russia and the Silk Road Approach

    May 6, 2014 Ana Palacio emphasizes the economic and security benefits of China's latest initiative.

  3. China is Still Number Two
    ObamaXiOvalOffice_White House Photo_Pete Souza White House Photo/Pete Souza

    China is Still Number Two

    May 5, 2014 Jeffrey Frankel pours cold water on the claim that the US economy has been surpassed.

  4. Global Ground Zero in Asia

    Global Ground Zero in Asia

    Apr 30, 2014 Nouriel Roubini says that if the global order blows up, the detonation will occur in Asia.

  5. Reimagining China’s Urban Future

    Reimagining China’s Urban Future

    Apr 30, 2014 Bert Hofman highlights the institutional reforms needed to keep migration on track and inequality in check.

  6. Asia’s Giants Under New Management

    Asia’s Giants Under New Management

    Apr 21, 2014 Kishore Mahbubani assesses the enormous global impact implied by leadership shifts in India, Indonesia, and China.

Our Pick

Featured

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    The Global Implications of China’s Stimulus Package

    Shang-Jin Wei explains why the country’s push to revive economic activity depends on boosting domestic demand.
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    A New President and a Grim Legacy for Mexico

    Enrique Krauze reflects on the harmful tenure of the outgoing president, who weakened the economy and eroded its institutions.
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    Governance Reform Is Key to Reviving China’s Economy

    Angela Huyue Zhang argues that lasting prosperity depends not on boosting demand, but on a return to bottom-up governance.
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    Creating a “Goldilocks” Business Climate

    Indermit Gill unveils the World Bank’s new, improved approach to unlocking private-sector development.
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    2

    Earthquakes in the Middle East

    Richard Haass

    For almost a year, many hoped that Israel's war with Hamas would not spread beyond Gaza. But attacks on northern Israel by Hezbollah in southern Lebanon, and now the decision by both groups' backer, Iran, to fire ballistic missiles at Israel, has made a regional conflict all but inevitable.

     explains why the fighting between Israel and Hamas has escalated into a regional conflict involving Iran.
  6. zizek36_ContributorGetty Images_propaganda Contributor/Getty Images
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    Putin’s Ukraine Magic

    Slavoj Žižek examines what the Kremlin’s strategy of deception means for diplomatic efforts to end the war.
  7. sheng131Jiang QimingChina News Service via Getty Images_pboc Jiang Qiming/China News Service via Getty Images
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    China’s Economy Needs a Stimulus Package

    Yu Yongding urges policymakers to prevent prolonged stagnation by implementing expansionary monetary and fiscal policies.
  8. kisilowski12_Christian BrunaGetty Images_fpo austria Christian Bruna/Getty Images
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    Austria’s Far Right Did Not Win

    Maciej Kisilowski rejects the notion that a plurality should confer a mandate to govern in a multiparty parliamentary system.
  9. spence176_VCGVCG via Getty Images_chinaelectricvehicles VCG/VCG via Getty Images
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    The High Cost of Excluding Chinese Technology

    Michael Spence warns that both the global economy and the sustainability agenda could be dealt a devastating blow.

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