JSPES,
Vol. 40, No. 3 (Fall 2015)
pp. 161–230
Clouds over China
James H. Hughes
Albuquerque, New Mexico
This article draws on recent news reports, many of them from the Taipei Times, to provide an extensive review of economic conditions in China. It tells also of China’s relationships with other countries, especially in Asia and sub-Saharan Africa. This review gets into such diverse matters as China’s “new normal” of slowed GDP growth, the anti-corruption campaign currently being conducted under the presidency of Xi Jinping, China’s sponsorship of the Asian Infrastructure Bank, the role of State Owned Enterprises, the situation regarding China’s foreign exchange reserves, China’s current anti-Western rhetoric, and the revival of Confucianism. From all of this, the author concludes that there are “clouds over China” that reflect the unsettled nature of much of its economics and politics.
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