Special to WorldTribune.com By Willy Lam, EastAsiaIntel.com Who is in charge of China’s macro-level financial and economic policy? Most observers will say President Xi Jinping, who is head of the two highest-level decision-making bodies: the Central Leading Group on Finance and Economics (CLGFE) and the newly set up Central Leading Group on Comprehensively Deepening Reforms […]
Special to WorldTribune.com By EastAsiaIntel.com On April 29, Russia’s Foreign Minister Sergei Lavrov and his Chinese counterpart Wang Yi issued a joint statement objecting to the contemplated deployment in South Korea of the U.S. Theater High Altitude Area Defense [THAAD] missile interceptor system. But what is unusual is that the joint Russian-Chinese objection to THAAD […]
Special to WorldTribune.com By Lee Jong-Heon, EastAsiaIntel.com On the heels of the Party Congress in which North Korean leader Kim Jong-Un presented a five-year economic plan, North Korea has kicked off tougher “work-harder campaigns.” North Koreans, already struggling with hunger and the stresses of survival in the repressive society, are being mobilized for new construction […]
Special to WorldTribune.com Inside China, EastAsiaIntel.com While China’s 700 million netizens are blocked from Facebook, Twitter and YouTube, the Chinese Communist Party’s (CCP’s) English-language propaganda machine is harvesting social media fans around the world. Following top-down orders from president Xi Jinping to “tell China’s story” to the world, Facebook, Twitter, and YouTube are now rife […]
Special to WorldTribune.com By Lee Jong-Heon, EastAsiaIntel.com SEOUL — North Korea has prioritized increasing the rage of its submarine-launched ballistic missiles (SLBMs) to 2,000 kilometers, a military source here said. The North is also said to be building 3,000-ton submarines that can carry multiple SLBMs, the source said. “North Korea is believed to have made […]
Special to WorldTribune.com By Willy Lam, EastAsiaIntel.com Despite reports about challenges to his power, President and Communist Party General Secretary Xi Jinping has quietly — and relentlessly — built up his personal faction centered upon cadres associated with the prosperous coastal province of Zhejiang. Members of the so-called Zhejiang Clique are tipped for large-scale promotions […]
Special to WorldTribune.com By Willy Lam, EastAsiaIntel.com Remember the “One Belt One Road” (OBOR), a multi-trillion-dollar intercontinental project that underpins President Xi Jinping’s ambition to catapult China to super-power status? The “Silk Road Economic Belt” links China with Central Asia, Turkey and all the way to Eastern Europe through a series of high-speed railways, highways […]
Special to WorldTribune.com By Willy Lam, EastAsiaIntel.com President Xi Jinping has shocked even pro-establishment academics and businessmen by openly calling on officials to “attain the goal of Communism.” Xi’s exhortation came in the form of an address he made earlier this year to county-level cadres who were attending courses at the Chinese Communist Party (CCP) […]
Special to WorldTribune.com By Lee Jong-Heon, EastAsiaIntel.com SEOUL — North Korean leader Kim Jong-Un is moving to improve ties with China that have been strained during much of the young leader’s brief tenure, officials and sources here say. The motive is said to be economic urgency in Pyongyang which continue to see its commercial ties […]
Special to WorldTribune.com By Willy Lam, EastAsiaIntel.com Just before China’s Army Day on Aug. 1, President and Central Military Commission (CMC) Chairman Xi Jinping elevated ten senior People’s Liberation Army (PLA) officers to full generals. This was Xi’s most significant military move since the formal arrest of Gen. Guo Boxiong, the former Politburo member and […]