China

  Once driven by market forces, China’s stock market now serves as a strategic instrument in a tightly controlled mixed economy. Under previous administrations, there was a notable push toward pro-market reforms, which allowed for a degree of responsiveness to global financial trends. However, with President Xi Jinping at the helm, the landscape has changed. […]

  After its founding in 1949, the People’s Republic of China pursued a policy of economic self-reliance. Under the rule of Chairman Mao Zedong (1949-1976), it proved dramatically unsuccessful. From late 1978, the approach of the ruling Chinese Communist Party (CCP) began to change. Integration in the global economy over the following decades allowed China and its […]

  Despite the divergence of interests between Russia and China, the leaders of both countries share a deep commitment to changing the world order: reining in American power and shifting the center of economic and political gravity from the Atlantic to the Asian region. The Shanghai Cooperation Organisation (SCO) has de facto become the umbrella […]

Last week, China’s President Xi Jinping undertook a five-day tour of Europe, visiting France, Serbia and Hungary. This selection of host countries might appear odd at first, but it hides a double strategy. Officially, Mr. Xi made commemoration calls: in France, he highlighted its recognition of the People’s Republic of China 60 years ago; in […]

In a nutshell China’s close ties to Russia prevent it from being a credible mediator in the Ukraine war Beijing appears to be making a second attempt at peacemaking to court the West These endeavors may not prove convincing to Western countries   Observers familiar with Chinese President Xi Jinping’s governance style have grown used […]