Training Elite Cadres: ‘Central Party School’ Of The Chinese Communist Party

Xi Jinping at graduation

Hu Jintao was president of the Central Party School from 1993 to 2002. His likely successor, Xi Jinping, has been president since 2007. Even Mao Zedong served as president, in a much less grand institution, from 1942 to 1947.

I started looking a little deeper after I watched ‘Inside a Communist Party School’ from AlJazeera via the Shanghaiist. Watch it below. More

VIEs: How Foreigners Invest In China’s ‘Prohibited’ Industries–And The New Risks

‘For years, big Internet companies in China, like Alibaba and Baidu, have raised billions of dollars by effectively skirting Chinese regulations that ban foreign investors from acquiring stakes in companies operating in restricted industries, like energy, telecommunications and the Internet.’

But, now foreign investors are worried that their lawyers’ weren’t all that competent, their analysts a tad optimistic (or myopic, or just clueless about China), and their Chinese chickens may be coming home to roost. Here’s our first look at the risks they so blithely accepted. More

Watch Today’s RMB Webinar And Visit The ‘Khan Academy’: Great Sources About Chinese Currency, U.S. Debt, And Much More

If you missed today’s webinar,   ‘The Opportunities And Challenges of RMB Internationalization,’ alerted in the previous post, you can watch it here. Ron Schramm, the presenter, and Russell Flannery, the moderator, were exceptional. Very informative and enlightening.

Afterwards I founds 8 great lessons about the RMB, the U.S.-China debt loop and much more at the extraordinary Khan Academy. Find the links below. More

Alert: ‘The Opportunities And Challenges of RMB Internationalization,’ Free Webinar, Wednesday, January 25, 9am EST

Ron Schramm

Watch ‘The Opportunities And Challenges of RMB Internationalization,’ a free webinar tomorrow, Wednesday, January 25, at 9am EST. Register here.

Continue reading about the presenter, Ron Schramm, and the moderator, Russell Flannery.

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‘Special Report: The Rise Of State Capitalism’ In The Economist

The latest issue of The Economist features ‘Special Report: The Rise of State Capitalism.’ China, as the largest and most successful state capitalist, occupies center stage.

Even if you go no further, enjoy another great Economist cover. More sources and a few of my thoughts, below.

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Goldman Sachs’ Views On China–Jan Hatzius And Helen Zhu

Helen Zhu, GS MD, Chief China Equity Strategist

Here are short videos that outline Goldman Sachs’ Jan Hatzius’, Goldman Sachs‘ Chief Economist, Global Investment Research, Helen Zhu‘s, Chief China Equity Strategist, views on China. Goldman Sachs is Goldman Sachs, so worth watching. But, after watching I still can’t help feeling that some of these analyses are simplistic even for short videos. What do your think?

By Jan Hatzius’, ‘Economic Outlook 2012–China’ [1:51]

By Helen Zhu


Watch ‘China: Traditions and Transformations’ Free Harvard Online Course

Here’s a head’s up for China: Traditions and Transformations, an excellent 37 lecture Harvard course, online–and it’s free.

 

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What’s The Rush? 30-Story Hotel Built In 15 Days; 15-Story Hotel In 6 Days; Shanghai Expo Pavilion In 1 Day

Looking over the ever-excellent Ministry of Tofu blog today, I just came across, ‘Video: China completes 30-story building in 15 days.’ My first thought was ‘is this is going to be one more commentary on China’s sometimes shoddy construction practices, perhaps with the punchline ‘…and fell down two days later?’

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Where Are China’s Slums?

Slum in Bangalore, India

Here are the three largest slums in the world:

  1. Neza-Chalco-Itza, a barrio in Mexico City (total population about 9 million), is the world’s largest with 4 million inhabitants
  2. Orangi Town, a township in Karachi, Pakistan, (about 13 million total population) has 1.5 million residents
  3. Dharavi, in Mumbai (12.5 million total population), has about a 1 million people (other slums Mumbai slums might be even larger but their populations can only be speculated)

This is not a surprise. If we went through the list of mega cities in the developing world, we would find many with huge slums. My conundrum: why haven’t China’s mega cities produced huge slums?

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Speak Mandarin? Don’t Run For President. Of The U.S., That Is

John Huntsman, Manchurian Candidate? Watch the video, below. (And read Stan Abram’s thoughts on Huntsman’s dropping out of the race at the ever interesting China Hearsay blog.)

There are times when I despair of my country and some its citizens. As when I saw this video that casts suspicion on former Presidential Candidate Huntsman because he speaks Chinese and adopted two Chinese orphans as his daughters.  More