The annual meetings of China’s National People’s Congress (NPC) start March 5. This year is more important than most: The new Communist Party leadership introduced at last fall’s Party Congress receive their government positions. We all know the top slot (president), and we are all but certain of the #2 …
The New York Times has laid out a portrait of a Chinese billionaire family, and it’s a fairly worrisome one. Premier Wen Jiabao’s extended family, including his brother-in-law, are said to be worth $2.7 billion. Average income in China last year was less than $6,000. The Wens aren’t alone. Bloomberg …
Where is China’s incoming Communist Party chief, Xi Jinping? When he canceled a meeting with Secretary of State Hillary Clinton, it was attributed to a back injury or perhaps unhappiness with the U.S. But as he has canceled meetings with other visitors, including the Singaporean prime minister, rumors have arisen …