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  • Wen Jiabao

    Requiem for Hu, Wu, and Wen

    Hu Jintao, Wu Bangguo, and Wen Jiabao will step down from the top of the Chinese Communist Party this week. In four months, or thereabouts, they will surrender their (less important) places at the top of the Chinese government. And not a moment too soon. Their decade leading the PRC … More

    Super-Rich Chinese Leaders: A Dangerous Development

    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 … More

    China's Next Military Leadership Takes Shape

    This morning’s news reports indicate that a large portion of the Central Military Commission (CMC), the entity that actually manages and oversees China’s multimillion-man military, is now in place. When the Chinese Communist Party (CCP) 18th Party Congress convenes two days after the U.S. election, the top Chinese leadership will … More

    China's Premier Is Not a Reformer

    Both The Washington Post and the Financial Times have more front-page stories today on the seemingly endless saga of the fall of senior Chinese Communist Party official Bo Xilai. These particular two stories claim that Bo’s ouster has boosted China’s economic reformers, led by Premier Wen Jiabao. This is a … More

    Taxing Americans to Punish China

    President Obama reportedly spent much of his meeting this week with Chinese Premier Wen Jiabao urging action to revalue the Chinese Yuan relative to the dollar. Simultaneously, Democrats in Congress are pushing a bill that would tack countervailing duties on Chinese imports in response to an alleged distortion of the … More

    Discovering China’s State-Led Economy, Years Late

    The front page of The New York Times yesterday featured a very long story on the state displacing the market within the Chinese economy. Hats off to the Times for getting it right, but they’re late. Very late. In fall 2002, a new Chinese government, led by current President Hu … More