Since People's Bank of China Governor Zhou Xiaochuan’s proposal for reforming the international monetary system was published on March 23, there have been new developments with regard to the international use of the Chinese currency Renminbi (RMB). The historical context of Governor Zhou’s proposal and... MORE

Recent reports within the Chinese press revealed that sales of a Chinese state-owned military conglomerate that produces equipments and arms for both civilian and military applications have rose substantially in the first quarter of 2009. A case in point is the Beijing-based China South Industries... MORE

While the Chinese Communist Party (CCP) administration seems preoccupied with the twofold task of baoba and baowen—maintaining an 8 percent growth rate and upholding social stability—it is also giving priority to the rejuvenation of the party’s leadership. Attention is being focused on young turks of... MORE

A methane blast at the Tunlan coal mine in Shanxi on February 22 killed 78 miners and the last body was not recovered until five days later (Nanfang Daily, February 27). China’s numerous collieries, most of them being township and village enterprises (TVEs), have long... MORE

Brazil is the largest developing country in the Western Hemisphere, and China is the largest developing country in the world. According to some Western estimates, the combined economies of the BRIC (i.e. Brazil, Russia, India and China) countries would surpass the combined economies of the... MORE

Engagement between Beijing and Washington operates on many levels but none is more critical than a regularized mechanism for strategic discussion by the top officials in economics and foreign policy.  While Presidential summitry is extremely valuable, it is too infrequent and too brief to cover... MORE

According to official Chinese media reports, the People’s Liberation Army (PLA) will hold a massive two-month long military drill that will involve 50,000 troops from four divisions across four of China’s seven military commands in the second half of 2009. Citing a source from the... MORE

The recriminations that flared between the People’s Republic of China (PRC) and the United States over the latest Sino-American maritime confrontation makes evident how little progress has been made in Sino-U.S. defense dialogue during the past two decades. Clashes between U.S. and Chinese military units... MORE

Developments in the South China Sea during the first quarter of 2009 reinforced several trends that have been apparent over the past two years. First, the Spratly Islands dispute has once again come to dominate Sino-Philippine relations, despite attempts by Beijing and Manila to move... MORE

"History has proved that we [China and Cuba] are worthy of the name of fast friends, good comrades and intimate brothers,” commented Chinese President Hu Jintao on the state of Sino-Cuban bilateral relations during a visit with Cuban President Raul Castro in Havana on November... MORE