By Alastair Campbell and W. John Hoffmann, Exceptional Resources Group
“There is no difference between reform and anti-corruption: both must be implemented within the framework of law”.
So said Chinese leader Xi Jinping, and with the end of a high level Communist Party meeting last month, the significance of Xi’s “Rule of Law” campaign has become crystal clear. It is a key tool in his attempt to restructure the framework of Party political power and decision-making via the four new Party central leading groups which he chairs. Read more
Mao Zedong decreed that Chinese communism should have its very own luxury car, so he launched the Red Flag limo in 1958.
More than half a century later, China still does not have much of a luxury car industry: even the chairman’s political heirs prefer to drive foreign. But maybe that all is about to change. Read more
If China’s 83m Communist party members formed a country, it would be the sixteenth largest in the world. So when the party’s most elite congress gathered this month, propaganda apparatchiks worked overtime to try to highlight the diversity of the assembly: the ethnic minorities (wearing traditional costumes), female party members (who composed 23 per cent of the congress delegates), and entrepreneurs, who were only welcomed into the party in recent decades.
But what exactly does it take to get admitted to the secretive Leninist organisation that runs the world’s second-biggest economy? Read more
Some good economic data from China. But not good enough to dispell investors’ post-election concerns about the US and its fiscal cliff.
Markets were intially bouyed by the numbers from Beijing on Friday, showing bigger-than-expected gains in retail sales, industrial production and fixed asset investment. But one month’s figures don’t say much about the pace or duration of any rebound – especially as they coincide with the Chinese Communist party’s congress. No Beijing statistician will have wanted to deliver bad news right now. Read more
When a US Congressional committee branded Huawei, one of the world’s largest telecom equipment makers, a threat to the country’s national security last month, one of the reasons cited was that the Chinese company has a Communist party branch.
On Friday, Communist party officials set out to cure the congressmen from their misguided fears. Party cells in a private company are a force for good, according to Wang Jingqing, deputy head of the organisation department, something like the party’s human resources office. Read more
The FT’s bureau chief Jamil Anderlini has just concluded a lively online debate on Google+ about China’s forthcoming leadership change and the implications of the Bo Xilai scandal, the subject of his new ebook.
Beyondbrics presents highlights from the debate. Read more