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OPINION- In recent decades, a growing similarity has developed between the Chinese and U.S. economic systems. Despite the Chinese Communist Party’s talk of “socialism,” the rapidly-expanding Chinese economy has become increasingly capitalist, with the private sector accounting for about two-thirds of China’s Gross Domestic Product in 2021.
Want to know what life under Chinese Communist rule would be like? Take a look at the differences between Halloween in Sydney and Shanghai.
China’s position on the Israel-Palestine conflict has defied expectations, refusing to explicitly condemn Hamas while allowing open criticism of Israel. How will its diplomacy for a ceasefire affect its standing in the region?
The Bretton Woods institutions have lost influence in recent years, and now are in search for a new role.
A model finds that China closely tracked the trajectory of Japan, South Korea, and Taiwan. Does this claim hold up to close scrutiny?