Xi has worked to systematically place officials with technical backgrounds in defense sector in key local government positions.
China’s equity rally is driven by a combination of improving fundamentals, more inflows, and a sudden change in sentiment.
Beijing is trying to draw a balance between retaliating against threats from foreign governments and ensuring foreign investments
Beijing shifted its policy from building a “strong currency” to a more pragmatic approach.
Beijing passed the Hong Kong National Security Law right before the 23rd anniversary of the handover. This is for both symbolic and practical reasons.
Chinese banks have become less vulnerable than three years ago thanks to Beijing’s de-risking efforts since 2017.
The Pompeo-Yang meeting is an attempt by Beijing at managing U.S.-China relations from further deterioration, but it will not de-escalate the conflict.
Beijing has expedited local leadership rejuvenation by doubling the number of provincial vice governors under the age of 50