Governing officials with strict discipline
Quotes from XJP's book - Governing officials with strict discipline To govern the country, the CPC must first be governed; to govern the CPC, the officials must first be governed. Once the political platform is set, officials become the decisive factor. No fatal problems will arise as long as the officials perform their duties. The...
Developing countries can mobilize internal savings
Many developing countries need funds for their economic development. They issue bonds in US dollar in the international markets. When the US dollar rises, as has happened in 2022, the developing countries find it costly to repay the borrowings. Some have defaulted in the process. Many developing countries have the means to mobilize...
China has relaxed its Covid-19 restrictions
China has relaxed its covid restrictions. It has announced several changes to its restrictions during the past two weeks. The changes have been quite significant. This decision follows protests from its residents on the impacts of the restrictions on their livelihood and social activities. The relaxation will bring possible...
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