Paul Krugman says all economic data is best viewed as a peculiarly boring genre of science fiction, but Chinese data is even more fictional than most. If we use the new Li Keqiang index, the overall picture is less gloomy but nevertheless very challenging for Beijing to handle. China watchers need to observe the new index more carefully rather than obsessing over monthly manufacturing figures.
For the first time since the outbreak of the Occupy Central movement last month, Premier Li Keqiang has offered some clues on how Beijing wants to see the pro-democracy protests brought to an end, signaling Beijing's reluctance to directly get involved in Hong Kong's worst political crisis in decades.
The federal government shutdown debacle finally ended, but its effects live on. In this case, continuing to effect America's Asia-Pacific pivot, our big geopolitical shift from fateful over-engagement with the Islamic world of the Middle East and Central Asia to heightened engagement with the rising Asia-Pacific.