New York Times (March 29)
The Covid-19 crisis has awakened “a sleeping giant” in China. “How the ruling Communist Party manages the coming months will help shape how hundreds of millions of young people see its authoritarian political bargain for decades to come.” The “generational awakening… could match the defining effects of World War II” and it “could disrupt the social stability on which the Communist Party depends.”
Tags: Authoritarian, Awakened, CCP, China, COVID-19, Crisis, Disrupt, Sleeping giant, Social stability, WWII, Young
Wall Street Journal (July 2)
Government cheerleading for stock prices leads to blame when they fall” and China’s increasingly bearish market is upsetting some investors. “As we warned in April, when the government talks up the market, it runs a risk that the public will hold the Party leadership responsible for a market correction. Beijing may feel that it has to support stock prices now to maintain social stability.”
Tags: Beijing, China, Correction, Government, Investors, Market, Risk, Social stability, Stock prices
