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are struggling around the globe and russia is already getting a billion dollars every few days in oil and gas revenues, why did opec slash production? >> everything has a price. >> we will explain. but first, here's my take. one of the few issues on which there is a consensus in washington, d.c. is that american policy toward china was built on an intellectual tariff. liberals and conservatives both believe that beijing's embrace of free markets and integration with the global market would fundamentally change china. but they didn't, so the consensus goes, we should recognize this ...

Last decade. china has gone through profound economic and social changes. its per capita gdp has gone up almost 30 fold since the start of economic liberalization in 1978. mass education and urbanization have changed the face of the country. hundreds of millions of chinese are now middle class, use the most cutting edge tools of the information revolution, and have considerable freedom to start property and change residences, all previously forbidden. it is precisely in response to these massive changes that xi jinping has launched his program of repression and t centralization. he determined ...