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China banking on infrastructure

It's hard to fault the ambitions of China and 20 other nations in agreeing to start up the Asian Infrastructure Investment Bank. After all, Asia does need infrastructure. But there are fears that AIIB is aimed partly at undermining prevailing norms on international lending.

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The rule of law in China

The Central Committee of the Chinese Communist Party pledged last week to "comprehensively advance the rule of law." But can the rule of law really take root as long as a party central panel remains in overall control of initiating corruption probes against high-ranking ...