- General

China’s Great Financial Wall is falling

Brian Hennessy. China Australia Consult. January 2017 Although China defied predictions of a slowdown in 2016,  Jim Rickards (below) warns that 2017 may turn out very differently. Jim Rickards is an adviser on international economics and financial threats to the Department of Defense and the US intelligence community. His assessment of China's at-risk economy and [...]

Stuck at the bottom in China

Brian Hennessy. China Australia Consult. November, 2016 A timely article on the realities of the new China by Lijia Zhang – author of the forthcoming novel “Lotus.” Stuck at the Bottom in China Lijia Zhang. Op-Ed. New York Times. November 28, 2016 _______________________________________________________________________ BEIJING — In the early 1980s, China’s top leader, Deng Xiaoping, is said [...]

What it means to be Chinese

Brian Hennessy. China Australia Consult. May/June 2015 Comment: This is one of the best summaries I have read on what it means to be Chinese in modern times. Highly recommended reading for anyone who wants to wrestle with the complexities of this ancient society. Those who hope to engage with China and its people will [...]

What if the China bears are right?

Brian Hennessy. China Australia Consult. Cairns, Australia; and Chongqing, China. February, 2015 For the last few years, some Western economists have been warning of a hard landing for China's economy. Other observers predict that the landing will be soft rather than hard. At the moment, it appears that the Chinese government is engineering a soft [...]

Hugh White on the South China Sea

Hugh White. The China Spectator. May 28, 2014 Originally published by The Lowy Institute publication The Interpreter. Republished with permission. Explaining China's behaviour in the East and South China Seas Many people, like my old friend Brad Glosserman, find it hard to understand why China is acting the way it is in the East and South China [...]

Nobel winner’s frank advice to China

Jonathan Schleferfeb. The New York Times. February 17, 2014 Nobel prize winner’s frank advice to China’s leadership CAMBRIDGE, Mass. — A. Michael Spence won the Nobel Memorial Prize in Economic Science in 2001 for esoteric research on how people make decisions when critical information is hard to obtain. But by that time, after more than [...]

Modern China and happiness

Brian Hennessy, China Australia Consult. February, 2014 Nobody in China believes in the state ideology of Marxism-Leninism anymore. Communism is dead, and materialism is the new religion. However, Chinese people have begun to complain that 'nobody believes in anything anymore.' A materially better-off Chinese middle-class is searching for meaning.  The following interview with Richard Madsen [...]

Confessions of the Cultural Revolution

Brian Hennessy, China Australia Consult. January 27, 2014 The elephant in the room. During the ten years that I lived in China, I heard very little public or private mention of this chaotic period in China's recent history. For example a history museum in Beijing gives it a few lines only. Older folk who lived [...]

China’s economy. What do we know?

Michael Sainsbury. The Little Red Blog. August 12, 2013 Do Australian politicians, and Treasury, have any idea about China’s economy? Kevin Rudd will miss the G20 summit in St Petersburg because of his September 7 poll — and the fragile state of the Australian economy is a factor in this decision. The key reason for this that [...]

Does China have a foreign policy?

Zheng Wang. Shanghai. The new York Times. March 19, 2013 Zheng Wang, an associate professor of diplomacy and international relations at Seton Hall University and a public policy scholar at the Woodrow Wilson International Center for Scholars, is the author of “Never Forget National Humiliation: Historical Memory in Chinese Politics and Foreign Relations.” Does China Have a Foreign Policy? [...]

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