A grab-bag of reads on China, approaching Japan’s largest trading partner from a range of angles:
- Make no mistake: China is in many important ways a capitalist country — but Chinese capitalism is a very different animal from the form practiced in the West, argues Brad Glosserman, and we’re going to have to work with that.
- In a post-COVID-19 world, two things are certain: accelerated digitalization and a more confident China, writes Yoshiyuki Sagara. Put the two together and you get the “digital yuan” — which, Bloomberg reports, is having a few teething troubles.
- John Adams, U.S. president from 1797 to 1801, said, “There are two ways to conquer and enslave a country: One is by the sword; the other is by debt.” China has embraced colonial-era practices and is now the world’s biggest creditor, writes Brahma Chellaney.
- Hong Kong is changing so much that it is quickly becoming unrecognizable, writes Frank Ching. With China tightening its grip over the former British colony, it is losing much of its old attraction. And these days, everyone must be a “patriot.”
- New Zealand may be small in population, but it is an important link in the chain of response to China — and if one link fails, the chain fails, warns David Howell.