Skip to main content

Posts

Showing posts from August, 2020

China's Xi Jinping is in a corner and his problems are getting worse

Over the weekend, more evidence that China's leader, Xi Jinping, is in trouble. You wouldn't know it from Chinese state-run media, where he is called "the people's leader," the kind of hero-worship not seen in generations. But that’s a mask, concealing a troubled economy, a still chaotic Hong Kong and reports of grumbling inside China! Those are real problems for a leader facing a U.S. president who just won't back down. Look what happened over the weekend: Tens of thousands marched to the U.S. consulate, pleading with President Trump to "liberate Hong Kong," the American flag held high, as the crowd sang America's national anthem! The violence continued -- vandalism at subway stations, burning barricades. China: What Xi Jinping Means For Your Business Xi Jinping has arguably changed China more than any leader since the reform era began in the late 1970s. Much of what is happening in China today would have happened rega...