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.Read More →

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.Read More →

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 .Read More →

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.Read More →

China is preparing a Tobin tax, a tax on capital transactions. At this stage for a zero percentage, but the writing is on the wall. It´s effect on China´s currency depends very much on how the government is going to use this tool, says finance professor Victor Shih in Bloomberg.Read More →