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It can credibly be argued that while China’s economy does have a substantial private sector, ultimately state intervention is never far behind. This makes China, for all practical purposes, a state-controlled economy with on its periphery a private sector operating within limits often undefined but limits nonetheless.
Asia Times Deputy Editor David P. Goldman delivered these remarks on July 8 at the National Conservatism 4 Conference in Washington, D.C.
A March 25 Security Council cease-fire resolution highlighted once again the vast gap between the US and China on Israel’s war on Gaza. US officials were quick to note that the Biden administration considered the resolution “non-binding” – which China quickly contradicted, pointing to the UN charter.
The US House of Representatives voted 352-65 on March 13 to require TikTok’s parent company, China-based ByteDance, to sell the app or face a nationwide ban on TikTok.
