Courtesy: Livemint
The shifting geopolitics in Asia presented an opportunity for China to rebalance its relations with India during the visit of President Xi Jinping to New Delhi in September. However, the meeting proved to be another missed opportunity for the two countries.
The Chinese have learned from Russia’s past mistakes at reforming state-owned enterprises (SOE), and some well-connected politicians have reaped the economic benefits that followed. Will the new administration in Beijing reform China’s SOEs or maintain the large role of government in industry?
Courtesy: Asia Briefing
Recent events shows that even though China's leadership has evolved and political knowledge among chinese masses has grown, the path to power in China is still dominated by revolutionary political divisions.