China’s high-quality growth challenge When China finally lifted Covid restrictions last year, policymakers and companies hoped that it would help lift the global economy out of its post-pandemic doldrums. But data released on Monday shows that the hoped-for recovery in the world’s second-biggest economy still hasn’t materialized, raising wider questions about global growth, the implications for international business and China’s dealings with the outside world. Gross domestic product grew just 0.8 percent in the second quarter compared to the first three months of the year, according to official statistics, as…
Tag: Peking University
A Godfather of Chinese Nationalism Has Second Thoughts
Wang Xiaodong once gave a speech declaring that “China’s forward march is unstoppable.” He published essays calling on China to build up its military. He co-wrote a book, bluntly titled “China Is Unhappy,” in which he said the country should aim to control more land and shape global politics. “We should lead this world,” he said. Now, Mr. Wang, a 66-year-old Beijing-based writer once called the standard-bearer of Chinese nationalism, has another message: That nationalism has gone too far. For years, it was Mr. Wang whom many Chinese dismissed as…
Your Tuesday Briefing: Russia’s Faltering Campaign
Good morning. We’re covering Russia’s struggling military campaign, Australia’s halting recovery from bush fires and a Covid-19 protest at Peking University. Russia scales back its charge east After a series of military setbacks, Moscow now appears to be focusing on a narrow objective: widening its holdings in Ukraine’s eastern region of Donbas. But even there Russia may be forced to scale back its ambition to take most of eastern Ukraine, according to the Institute for the Study of War. Russia still controls the wide swath of southern Ukraine it seized…