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Minxin Pei

This tag is associated with 2 posts

China’s self-defeating crackdown on ‘Western values’


The news from the mainland these days is mostly depressing, owing to the government’s escalating crackdown on its critics. But what few observers seem to understand is that the Chinese leadership‘s fight against liberalism and “Western values” is directly undermining its efforts to root out official corruption, promote innovation and entrepreneurship, and deepen engagement with … Continue reading

Restraint is the new red in China


President Xi Jinping is pressing the Communist Party’s elite to cut back on lavish living amid growing public resentment. The economic effect is far-reaching. Exports of elegant Swiss watches to China have plunged. Sales of Mercedes-Benz and other premium sedans are slowing. And high-end restaurants, coming off their worst Chinese New Year festival in years, … Continue reading

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