Reform of State-Owned Enterprise Requires Adopting Modern Governance

A Viewpoint by Hu Shuli

Corruption involving the country’s state-owned enterprises (SOEs) has hogged the headlines. So far, senior executives at China National Petroleum Corp. have been sacked, former railways officials have been hauled to court and, most recently, news broke that two executives at COSCO are also being investigated.

There has been no shortage of ideas on how to reform the sector. At present, the key lies in adopting a system of modern corporate governance, both in form and in matter.

China Watches “Breaking Bad”

Why do millions of Chinese care about a fictitious New Mexico meth cook? The soon-to-be-concluded television drama series Breaking Bad, which depicts embattled high school chemistry teacher Walter White’s transformation into a crystal methamphetamine kingpin, has already become part of the zeitgeist in the United States.

Chinese Military Modernization and Force Development

A Western Perspective

China’s military development has become a key focus of U.S. security policy as well as that of virtually all Asia-Pacific states. This report from the CSIS Burke Chair in Strategy examines trends in Chinese strategy, military spending, and military forces based on Chinese defense white papers and other official Chinese sources; U.S. reporting by the Department of Defense and other defense agencies; and other government sources, including Japanese and Korean defense white papers and the International Monetary Fund. The analysis also draws on the work of experts outside of government, various research centers, and nongovernmental organizations. The goal is to provide a comparison of different views and sources, contrasting Chinese and outside views and highlighting the trends where adequate data are available, as well as the problems, gaps, and contradictions in various sources. The report is not intended to provide a particular view of Chinese developments or policy recommendations, but rather to act as a reference that can be used in U.S. and Chinese military dialogue and by other experts looking for a comparison of official sources and the trends in Chinese forces.

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Christopher Dodd, Li Bingbing to Be Honored at U.S.-China Film Summit

As Hollywood and the booming Chinese film business have worked with increasing urgency to forge deeper ties and more mutual understanding over recent years, the Asia Society’s annual summit has emerged as a noteworthy networking occasion on the calendar.

 

 

Can China’s Leading Indie Film Director Cross Over in America?

A ChinaFile Conversation

Jonathan Landreth:

Chinese writer and director Jia Zhangke’s A Touch of Sin won the prize for the best screenplay at the Cannes Film Festival in May. Though the dialogue and its fine translation and English subtitles by Tony Rayns are exemplary, I found that as the screening room lights came up I was left thinking most about what the film does not say.