A key choice awaits China — money or principles


Five-starred red flags line the Nanjing Road pedestrian street in Shanghai, China, on June 22, 2021. This year marks the 100th anniversary of the Communist Party of China.

Costfoto | Barcroft Media | Getty Images

China is at a crucial moment in its political and economic evolution. The political growl that is trying to become a dominant roar is being met with unexpected economic obstacles. As China aspires to become a global superpower, it’s fascinating that it is facing the very test it presumed the Western world would fail: money or principles.

Deng Xiaoping, China’s leader from 1978 to 1989, recognized as the “Architect of Modern China,” once told his nation to “hide your capabilities,…


0 0 votes
Article Rating

Carlyle CEO Kewsong Lee on what’s driving the stock’s run and creating a modern private equity firm

Previous article

Dollar General CEO says majority of its stores are in ‘health deserts’

Next article

You may also like

Notify of
Inline Feedbacks
View all comments

More in Investing