The Editors suggest checking out the following links:
City Journal: Breaking the Chinese Code by E. S. Savas – “There seems to be no James Madison in power who can raise his head and point out that having numerous factions enables governance of a large country.” – er… what about Hu Jintao’s interparty democracy?
WSJ: Investors Expect Beijing To Mind Stock-Price Gap – “Analysts were quick to doubt Beijing plans outright arbitrage, because it would be difficult to open a way to buy and sell between the markets without undermining China’s ability to control its exchange rate.”
WSJ: Chinese Bank Searches Abroad for New Talent – “Earlier this month, China International Capital Corp. kicked off its U.S. headhunting trip in New York at a Ritz-Carlton hotel near Wall Street. More than 100 professionals, mostly overseas Chinese, were invited”
FinanceAsia: Is China run by neocons? – “Controversy surrounds Naomi Klein’s interpretation of the China ‘miracle’, but a recent World Bank report offers her support.”