Chinese Politics

Forget 'Likonomics', it's all about economic stimulus in China again

Chinese Premier Li Keqiang

When Li Keqiang took over as premier early last year, he quickly became known for an economic plan called "Likonomics".

Monday, 7 April, 2014, 7:56am 3 comments

How did international banks miss Citic Pacific's US$36 billion takeover deal?

A small team of merger and acquisition specialists at Citic Securities, a subsidiary of Citic, in Beijing worked on the reverse takeover of Citic Pacific. Photo: Reuters

Jealous. This is the word many Western bankers in Hong Kong will use when they talk about the mega-sized reverse takeover deal of Citic, one of the most important state-owned industrial giants on the mainland.

1 Apr 2014 - 8:45am 5 comments

JPMorgan’s top China banker Fang Fang to retire, as colleague Frank Gong gets promotion

JPMorgan's top bankers in China, Frank Gong, left, and Fang Fang, right. Photo: SCMP Pictures

JP Morgan Chase's chief executive for China investment banking is stepping down after more than a decade of making deals at the US bank, people familiar with the situation said.

25 Mar 2014 - 11:50am 2 comments

Shanghai 'revolution' may be uphill battle for Premier Li

Li Keqiang

Premier Li Keqiang has a tough job. From the new war on air pollution to maintaining strong economic growth in a more realistic manner, nothing is easy for the country's No 2 leader after President Xi Jinping.

17 Mar 2014 - 8:59am 3 comments

We need to hear more, not less, from our intellectuals

In today's China, gong zhi, or "public intellectual", has also become a label that many knowledgeable people try to avoid.

Many of my colleagues and friends know I have two real-life identities - by day I am an editor and journalist with the South China Morning Post, and at weekends I am a student at the University of Hong Kong who hopes to survive a four-year doctoral programme and someday be called Dr. Chen.

24 Feb 2014 - 8:26am 11 comments

The deafening silence of Shanghai's free-trade zone

How free a free trade zone could be with a long negative list?

Follow the author on Twitter: @george_chen

What word do you think will best describe Shanghai's progress this year on its ambitious new free-trade zone? For Gordon Orr, that word is "quiet".

13 Jan 2014 - 8:45am 4 comments

Connections trump everything in world of private equity in China

Connections trump everything in world of private equity

Private equity doesn't have a long history in China, but it has grabbed attention over the past few years, partly because of the individuals standing behind the businesses. In other words, people are key in China. I mean, well, those special people.

29 Jul 2013 - 7:45am 1 comment

Is an age of golden sons-in-law on the way?

Most of the current leaders appear to have daughters not sons. Photo: Reuters

Are we going to see a growing number of golden sons-in-law in the Chinese political arena in the future? As Xinhua recently reported, most of the current leaders appear to have daughters not sons.

18 Mar 2013 - 8:14pm

Reuters' China power map is totally awesome and somewhat informative

Screeen shot of Reuters' "Connected China". Photo: SCMP Pictures

Somebody has to ask: was it really worth a year of Reuters' time to build the China Connected app?

8 Mar 2013 - 4:18pm 3 comments

Beijing academic sacked after online ‘fiction’ reveals affair

Chang Yan and Yi Junqing. Photo: screenshot of Sina Weibo.

A 120,000-word account of a love affair between a Beijing post doctorate fellow and her Marxist tutor sounded like fiction, but was all true.

19 Jan 2013 - 7:00pm 1 comment

Chinese leaders in search of a middle path

Illustration: Craig Stephens

After assuming power at the 18th party congress, the "fifth generation" leaders in Beijing seem to be obsessed with the idea of reading history. First, the new anti-corruption tsar Wang Qishan started his job immediately with a book recommendation, and his choice was a foreign work.

9 Jan 2013 - 2:43am

Changing of the guards

Hu Jintao, right, shakes hands with Xi Jinping as they meet with delegates to the 18th Communist Party Congress in Beijing. Photo: AP

It’s a once-in-a-decade exercise. Behind closed doors, deals are struck and broken, careers are bought and sold, battles are won and lost. When the white smoke finally rises from the conclave chimney, new kings are crowned and another layer of intervening leadership is added to one of the most opaque political systems in the world.

23 Nov 2012 - 1:40pm

Trial ends for ex-police chief in Bo Xilai scandal

The Chengdu Intermediate People’s Court. Photo: AFP

The trial of the ex-Chongqing police chief at the centre the Bo Xilai scandal ended on Tuesday, bringing China’s leadership closer to resolving a case that held back the transfer of power.

29 Aug 2013 - 4:13am

Xi recovering from bad back, set to make appearance

Chinese Vice President Xi Jinping. Photo: Xinhua

Xi Jinping could make a public appearance as early as Saturday as he recovers from a bad back, sources said, dispelling rumours about his health after he dropped out of sight for two weeks.

14 Sep 2012 - 9:24pm

Who rules China

SCMP Graphic by Adolfo Arranz

With more than 80 million members and 3.3 million branches, China's Communist Party is one of the world's most extensive political organizations. Here is a breakdown of how power is concentrated, in just a handful of key bodies and a few dozen people. 


12 Sep 2013 - 3:19pm 5 comments