Beijing’s recently published “China’s National Defense in 2006” proposes an ambitious blueprint that would allow the People’s Liberation Army (PLA) to catch up with the U.S. military in just a few decades. The defense white paper outlines multiple transformation objectives for each of the services... MORE

The forceful projection of China’s hard and soft power in recent months marks a stunning departure from the foreign policy axioms of late patriarch Deng Xiaoping. Deng, who anointed President Hu Jintao as the “core” of the Fourth Generation leadership, noted shortly after the Tiananmen... MORE

The forceful projection of China’s hard and soft power in recent months marks a stunning departure from the foreign policy axioms of late patriarch Deng Xiaoping. Deng, who anointed President Hu Jintao as the “core” of the Fourth Generation leadership, noted shortly after the Tiananmen... MORE

Troubled by the widening disparities in socioeconomic conditions between urban and rural regions and among various demographics, China’s leaders have adopted what they believe will be a more equitable policy of development. During its Sixth Plenary Sessions in October, the 16th Central Committee issued a... MORE

Troubled by the widening disparities in socioeconomic conditions between urban and rural regions and among various demographics, China’s leaders have adopted what they believe will be a more equitable policy of development. During its Sixth Plenary Sessions in October, the 16th Central Committee issued a... MORE

The modernization and internationalization of China’s financial system is perhaps the last and in some ways, most difficult chapter in the country’s economic transition. Partly driven by China’s WTO commitments, the speed of the financial sector reforms has accelerated in recent years. Most state banks... MORE

The modernization and internationalization of China’s financial system is perhaps the last and in some ways, most difficult chapter in the country’s economic transition. Partly driven by China’s WTO commitments, the speed of the financial sector reforms has accelerated in recent years. Most state banks... MORE

There are no simple answers when it comes to the questions of whether or how the People’s Republic of China (PRC) will become a democracy. The democratic transition of the world’s most populous nation, if it occurs, will certainly be no easy task. At present,... MORE

There are no simple answers when it comes to the questions of whether or how the People’s Republic of China (PRC) will become a democracy. The democratic transition of the world’s most populous nation, if it occurs, will certainly be no easy task. At present,... MORE

As the United States hedges against a potential military confrontation with the People’s Republic of China (PRC), Beijing has opted to circumvent Washington’s preparations by adopting a grand strategy that utilizes “extra-military instruments” to gradually diminish the preponderant influence of the United States. These instruments—economic... MORE