li keqiang

Bye bye Xi Jinping. Your time is up.

It's tempting to blame the covid-19 lockdowns on China's slowing economy, but this is a faulty simplification.

China's and Wall Street's love affair is coming to an end. It's been a costly romance, worth trillions of dollars. Because Wall Street was so thoroughly and madly in bed with Chinese corporations and the CCP, the split will undoubtedly have economic implications for both China and the United States.

Chinese Premier Li Keqiang announced on Friday that he will step down as leader of the Chinese Communist Party at the end of this year. His current term expires in March, and he has stated that he will step down from the CCP's number two post.