China’s financial system is changing. The country’s new Digital Currency Electronic Payment (DCEP) – a digital payment and processing network run by the Central Bank of China – and its digital currency, the digital yuan (e-CNY), is expected to completely replace physical cash. Unveiled
In recent years, China’s digital economy has seemed like a house undergoing full-scale renovation. At this moment, it appears to be in the demolition stage.
In a series of regulatory smackdowns, the magnitude ranging from sledgehammers to wrecking balls, Beijing has appeared willing to lay waste
As they celebrate their party’s centenary, China’s leaders remain obsessed with the fate of the Soviet Union and its political reforms. They study history to avoid a repeat.
Originally published in the Australian Financial Review
Some Western leaders, including Scott Morrison, have begun to describe the contest with China in starkly ideological terms, as a defence of democracy against authoritarianism. They say China threatens to replace the democratically-based “liberal international order” with a new order founded on
Speaking before a crowd at Tiananmen Square that gathered in celebration of the 100th anniversary of the Chinese Communist Party (CCP), Xi Jinping triumphantly declared that the goal of building China into a “moderately prosperous” society had been completed.
Though without a clear measurable
Originally published in the Australian Financial Review. China’s ruling party and its leader are now masters of everything they survey. But can the economy keep delivering when the private sector is cowed
With the North Korean nuclear threat seemingly sidelined until after the Winter Olympics at least, this geopolitical year is starting in a curiously similar way to last.
US President Donald Trump will share more than a dubious hairdo with Chinese President Xi Jinping next week when he
The 19th Party Congress was a watershed for the Xi administration. Feverish speculation about candidates for promotion the Politburo Standing Committee is over, but their policy significance much as before: enigmatic.
There is a natural interest in factional or interest group allegiance. It is now
Senator Sam Dastyari has found himself back in the spotlight after Australia media outlets reported allegations that Dastyari gave Chinese billionaire Huang Xiangmo 'counter-surveillance' advice and unearthed the audio from Dastyari's now-infamous media conference last
I recently co-convened a small international academic workshop with a Chinese university. Since we wanted to involve quite a few China-based scholars and the topic concerned China, I thought it made perfect sense to hold the workshop in China.
A number of scholars from outside China were to attend
This article is based on Episode 15 of the Little Red Podcast, featuring Sampson Wong, Badiucao and Louisa Lim
Many of my best friends in China are hated by all but their families – they are mid-ranking cadres in a rural county, assumed by their fellow citizens to be stupid, on the take, or both
The recent decision by Allen & Unwin to drop Clive Hamilton's book on Chinese influence illustrates that China need not exert much effort in influencing us. We're doing the job ourselves.
Hamilton's book Silent Invasion: How China is Turning Australia into a Puppet State was pulled, according
Tiny children sit in a row on miniature wooden chairs, their attention focused on a television screen showing Chinese President Xi Jinping in full oration mode, in incongruous juxtaposition beside the candyfloss-pink play castle of their kindergarten. In hospitals, patients have Xi beamed to the
The 19th Party Congress closed earlier this week with the announcement that 'Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era' would be enshrined in the Chinese Communist Party (CCP) charter. This eponymous ideological contribution is the first since 'Deng Xiaoping Theory'
In a landmark address that kicked off the 19th Party Congress, President Xi Jinping articulated his vision for China's future. The three-and-a-half-hour reading of the work report saw Xi wax poetic about the priorities of rejuvenating Chinese power and realising the Chinese Dream. Though Xi's
Overnight, a Nobel laureate and former professor of literature died from complications of liver cancer. He had been imprisoned for more than eight years and appears not to have received genuine medical attention at a municipal hospital until recent weeks, when his illness was well advanced. On his
Last Wednesday the annual 'Two Meetings' in Beijing came to an end. At the start of March each year, members of the National People's Congress (NPC) and the Chinese People's Consultative Political Conference assemble in the grand Great Hall of the People.
Every year the Two Meetings give some
Four key narratives help explain the way that China acts in and interprets the world, providing a more nuanced guide to China’s aims and ambitions and helping to shape more effective responses to China
In this Report, Lowy Institute Nonresident Fellow Linda Jakobson argues that despite Chinese president Xi Jinping’s image as a strongman, China’s approach to maritime security will continue to be shaped by a diverse set of actors pushing their own agendas. Consequently, China’s behaviour will