Today, established and new Chinese premium brands are becoming increasingly competitive forces in the global and domestic luxury market, giving international fashion brands a run for their money -- literally.
The Chinese government needs to respond, at least partly, to what people want, even if that means allowing movies that deal with uncomfortable themes or don't fall into line with the values that the Party wants to promote.
June Dreyer posits four scenarios for the future of China in her book. One can argue in favor of any of the scenarios she discusses. The intricacies of this topic will be salient to United States foreign policy making for years to come.
China will not implode. Its road to superpower status will be bumpy, even rocky in parts, but the fundamentals of sustained macroeconomic expansion are in place and, for the large part, enduring. Here are 10 popular misconceptions about China.
Is your money market account stuck in a rut? If so, you're not alone. Money market rates have been locked into a long and steady descent for a few years now. Finally, though, there are signs that this could change in the months ahead.
Maybe Herman Cain, the latest boomlet in the GOP presidential race, will be elected president. Or maybe his 15 minutes of fame have just arrived. Either way, it behooves us to see what he thinks about America's trade mess.
The contrast between the erosion of American power and Beijing's ascension appeared vivid when Vice President Joe Biden was obliged to address the concerns of the Chinese people who are "skeptical about America's future prospects."
Party rulers in China are trapped in a position that chess players deeply fear, zugzwang, where any move made puts you at disadvantage. In China, the potential cost of both action and inaction is economic collapse.