Yu Jie

Despite the twists and turns of wrestling with President Donald Trump, the Chinese Communist party has entered its summer recess and its senior leaders have gathered at the Beidaihe beach resort, 300 kilometres from Beijing, for the annual summer meeting to determine its domestic priorities for the rest of 2019 and in the lead up to the party’s centenary in 2021.

While the Beidaihe meeting is a secretive affair, it is no less important than other conclaves of the party’s senior leadership. Judging by the last public gathering of the politburo on July 30, ‘stabilizing employment, boosting household consumption and mitigating major risks’ are likely to dominate the Beidaihe meeting agenda, and the much discussed trade war and Sino-US decoupling has become a secondary concern.…  Seguir leyendo »

On 18 December, President Xi Jinping summoned a grand gathering for the 40th anniversary of Deng Xiaoping’s landmark reform and opening up, attended by the most important Communist Party cadres, entrepreneurs and Olympic champions, to reveal China’s next steps in its reform agenda for the coming decades.

The event took place after a tumultuous 2018, where China found itself fighting an economic slowdown coupled with an unexpected and enduring trade war with Beijing’s most important economic and strategic partner – the United States. Those two difficulties are intrinsically intertwined.

Xi’s one-and-a-half-hour speech offered little in the way of concrete solutions to these two imminent challenges, but he conveyed two clear messages.…  Seguir leyendo »

Forty years since beginning to open up to the world, China now faces a fresh set of foreign policy challenges. One of these will be developing a global foreign policy and responding to concerns in regions that are historically little known in China but will affect and be affected by the country’s economic growth. In order to improve its global diplomacy, China needs to draw on policies that go beyond the simple purposes of securing China’s own economic interests.

The Middle Kingdom projects its power and secures its national interests in three ways: exercising might, spending money and expressing its own mindset.…  Seguir leyendo »