The Economist

Xi Jinping is immensely powerful. Why can’t he stamp out corruption?

Posted on by The Economist

His purge of the top brass is part of a wider campaign After securing an unprecedented third term as Communist Party chief in October 2022, Xi Jinping led senior officials on a pilgrimage to the party’s “red holy city”. His choice of destination was Yan’an in north-western China, where Mao Zedong’s guerrillas were once based. …

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A new generation of Chinese companies is expanding around the world

Posted on by The Economist

And they are doing things differently from their elders A few years ago it would have been hard to imagine Chinese brands making it big in America. Yet today shoppers in Manhattan can pop by the 2,800-square-metre store of Urban Revivo to pick up one of the Chinese retailer’s trendy outfits, which are all the …

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