China

What the Wall Street Journal has been hinting at for months, in its coverage of the Chinese Communist Party’s anti-corruption campaign, was made clear by the New York Times on Jan. 4th, in an article entitled “Maoists in China, Given New Life, Attack Dissent.” The opinionated...

I have been to China over the years more than a dozen times. I have spoken with people at all levels of policy-making, and one thing I have come to realize is that when Beijing makes a major policy change, they make it carefully and with great deliberation. And when they arrive at a new consensus, they execute it with remarkable effect on all levels. That is the secret to their...

At the most tense period of currency turbulence in Russia when its enemies were noting with satisfaction that “the country is falling uncontrollably into the abyss of economic crisis and recession”, against Western rating agencies’ statements that they...