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Deng Xiaoping

BEIJING, CHINA - JUNE 11: A Chinese man walks at Ritan Park on June 11, 2016 in Beijing, China. Ritan, meaning 'sun altar', is among the oldest parks in Beijing, built in the early 1500s during the Ming dynasty for the emperor to make sacrifices to the sun. Less than half a kilometer square, Ritan these days is considered an oasis of green space in a sprawling city of skyscrapers, notorious air pollution, and a population of over 20 million people. Most Chinese live in small apartments with no access to gardens, leaving parks as a welcome haven for people, especially the elderly, to exercise, socialize, or enjoy a degree of privacy. The average day at Ritan is a showcase of conventional routines such as jogging, dancing, and martial arts, mixed with the assortment of odd activities -- including 'voice exercises' and back-scratching on trees -- that are known to be unique staples of Beijing park life.

Why the West Is to Blame for What Happens Next in China

You’d think our world leaders would know better, but history isn't a strong suit.
By Pete Ross
BEIJING, CHINA - JANUARY 06: (CHINA OUT) Investors observe stock market at an exchange hall on January 6, 2016 in Beijing, China. Chinese stock market rebounded after two days' decline. The Shanghai Composite Index rose 22.53 points, or 0.69% to 3310.24 points and Shenzhen Composite Index ran up 45.83, or 0.40% to 11513.89 points. (Photo by ChinaFotoPress)***_***

Why 2016 Is the Most Important Year of the Decade for an Unbalanced, Struggling China

In the Year of the Monkey, if China doesn't start to control its debt, the country will face 20 years of economic stagnation.
By Michael Pettis and Josh Feola

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