China and the United States were able to reach two agreements about the fate of the blind dissident lawyer Chen Guangcheng in less than 48 hours - a feat unthinkable in the era of consensus politics that started after Mao... more ››
Political scandals sometimes perform a valuable function in cleansing governments. They destroy the political careers of individuals of dubious character. More importantly, they can debunk political myths central to the... more ››
Over the last several weeks, as Western media has followed the unfolding of events of Chen Guangcheng’s dash to the U.S. embassy in Beijing, which came on the heels of the Bo Xilai scandal, Chinese media has shifted... more ››
Yesterday, the People's Bank of China lowered the reserve requirement ratio by 50 basis points. Now, China's banks will have an extra 400 billion yuan - about $63.5 billion - to lend. more ››