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Good review of China’s local government debt problem. Economists Yin Jianfeng & Wang Jiangjiang suggest it could turn into a “European-style” debt crisis as periphery gets into deeper trouble (though
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I’m a big fan of Gao Xin’s Nighttime-chat Zhongnanhai (夜谈中南海). Recently he’d been digging into Zhao Leji (赵乐际). Zhao runs the Central Discipline & Inspection Commission (CDIC), the tip of
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Part 1 of historian Xiao Gongqin’s take on the Lin Biao incident. Scared by Mao’s manoeuvring against his dad, and aiming to ensure the family’s eminence post Mao’s death, son
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Some thoughts on this thought-provoking piece on what to do about technology export controls by @MartijnRasser. He argues US needs to refocus use of the Entity List (EL) framework on
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Chairman Rabbit (兔主席, a.k.a. Ren Yi, grandson of Ren Zhongyi, a CCP leader), writes a blog popular among youngish Chinese professionals. He’s a robust, Harvard-educated defender of CCP-led China and
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This is a great little insider-China political story which I’ve never seen reported before. Thanks ‘Zhongnanhai Nightalk’ (中南海夜谈). It’s a bit bagua (gossipy), so details are impossible to check etc.
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Another domino falls. Tongshu Optoelectonic fails to pay RMB 66mn interest on a bond when it claimed to have RMB 9.5bn in cash on balance sheet at end Q3. Can’t
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