CategoryChina

How Strongmen Co-opted Democracy

The global spread of democracy, a Western gift to the world, was meant to result in the election of liberal, pro-Western leaders. Instead, a wave of strongmen rulers has been …

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Fed tightens, China responds

When China experienced an export boom and a large influx of foreign direct investment a decade ago, the People’s Bank of China intervened in the foreign exchange market to ease …

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