`The Firewall Has Gotten Worse…’

One of the brightest, most interesting voices writing about a critical piece of the China story is Michael Pettis, a Professor of Finance at Beida (Peking University). He blogs at www.piaohaoreport.sampasite.com and writes intelligently about the Chinese economy, the increasing bind the government is in over its mounting current account surplus and semi-pegged currency, and [...]

China’s Birth Defects Rising

I was recently talking with Zhang Hongjun, a former senior official with China’s State Environmental Protection Administration, about the prospects of Beijing cleaning up its bad air ahead of the Olympics. His response surprised me, twice. First, he was confident that the city could get the problem under control. And second, he wasn’t ready to [...]