Politics under president Xi Jinping has certainly become more exciting than under his predecessors, says political scientist Victor Shih in the Policy Forum. But Xi´s push for his China dream getting realistic approaches to achieve that goal have become, and might curtail his ambitions.
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The promotion of Xi Jinping to the “core” leader of the communist party was only the start of a year of promotions in the party to get a new generation of leaders in place, tells political analyst Victor Shih in the New York Times. Shih does not expect only Xi´s friends are going to make the grade.
The central government is encouraging its downstream agencies to engage more in sponsored venture capital deals to stimulate innovation. That is not a guarantee for success, says financial expert Victor Shih in Bloomberg and might cost the tax payers a lot of money.
China´s State Council, the state´s highest administrative body, has encouraged government agencies to act more as venture capitalists, it announced on Tuesday. A receipcy for disaster, says financial and political expert Victor Shih to Bloomberg, where the tax payers have to suffer from inavoidable disasters.
President Xi Jinping might be the most powerful leader in China for decades, it does not mean he enjoys overwhelming support at the country´s political elites, says political scientist Victor Shih, author of Factions and Finance in China: Elite Conflict and Inflation, a leading publication on China´s elites in the Economist.
President Xi Jinping has developed into one of the strongest leaders in China since Deng Xiaoping, and it looks like he is going to stay on longer as party secretary, says political analyst Victor Shih to AFP. Since there is no obvious successor, China´s political elites might have to accept that, as they gather for their annual conclave at the Beidaihe beach resort .
President Xi Jinping has been addressing the nation on the 95th anniversary of the Communist Party and the tough Marxist tone has been striking, says political analyst Victor Shih. Where his predecessors followed a more flexible road on economic development, Xi goes for a nationalistic approach, he tells AP.
China has been preparing for the fallout of a decision of the Federal Reserve, but find themselves dealing with an unexpected black swan, says financial and political analyst Victor Shih to Bloomberg. The Renminbi might be under pressure.
Making sense out of Beijing`s recent financial direction is hard, even for veteran political and financial analyst Victor Shi. In the Wall Street Journal, he tries to give it a shot. “As with any addiction program, the first step is to admit you have a problem.”