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Listen to news from and about the Church in Asia in a capsule of around 10 minutes.Indonesian authorities criticized for including former military dictator Suharto in a list of nominees for recognition as national heroes. Listen to the story and more in a wrap-up of the weekly news from Asia.Filed by UCA News reporters, compiled by Fabian Antony, text edited by Anosh Malekar, presented by Joe Mathews, Cover photo by AFP, background score by Andre Louis and produced by Binu Alex for ucanews.com For news in and about the Church in Asia, visit www.ucanews.comTo contribute please visit www.ucanews.com/donateOn Twitter Follow Or Connect through DM at : twitter.com/ucanewsTo view Video features please visit https://www.youtube.com/@ucanews

China and Japan agreed on Tuesday to advance constructive and stable bilateral relations as Foreign Minister Wang Yi held a telephone conversation with his Japanese counterpart, Toshimitsu Motegi, a week after the inauguration of Japan's new cabinet.日本新内阁就职一周之际，中国国务委员兼外交部长王毅于周二同日本外相茂木敏充（Toshimitsu Motegi）举行电话会谈，双方就推动中日关系朝着建设性、稳定方向发展达成一致。Wang told Motegi that China is willing to work with Japan to continue observing the principles and following the direction set in thefour political documents between the two nations, and jointly advance the strategic relationship of mutual benefit.王毅外长在通话中表示，中方愿同日本方面一道，继续恪守中日四个政治文件所确立的原则与方向，携手推进互利共赢的战略伙伴关系。作为中共中央政治局委员，王毅还向茂木敏充再次出任日本外相表示祝贺。Wang, who is also a member of the Political Bureau of the Communist Party of China Central Committee, congratulated Motegi on his reappointment as Japan's foreign minister.作为中共中央政治局委员，王毅还向茂木敏充再次出任日本外相表示祝贺。China's policy toward Japan remains "consistent and stable", Wang said, expressing Beijing's readiness to work with Tokyo to build a constructive and stable relationship that meets the demands of the new era.谈及中国对日政策，王毅明确指出，中方对日政策始终保持“一贯性与稳定性”，愿与日方共同构建契合新时代要求的建设性稳定双边关系。China has noted the positive signals sent by the new Japanese cabinet, he said, emphasizing thathigh-level exchanges are important for the development of bilateral ties. It is hoped that the new cabinet of Japan will make a good start and take the right steps in engaging with China, he added.王毅表示，中方已注意到日本新内阁释放的积极信号，并重申高层交往是推动双边关系发展的重要纽带，期待日本新内阁在对华交往中开好局、起好步，作出符合两国共同利益的正确选择。Wang underscored that historical issues and the Taiwan question bear on the foundation of China-Japan ties and the basic trust between the two countries, saying that he hopes Tokyo would work with Beijing to uphold the political foundation of bilateral relations and facilitate their improvement and development.王毅特别强调，历史问题与台湾问题直接关乎中日关系的政治根基，也影响着两国间的基本信任。他希望日方同中方相向而行，共同维护好双边关系的政治基础，为中日关系的改善与发展注入动力。Motegi said that Japan and China are shouldering increasingly significant international responsibilities in the wake of profound changes in the global landscape. He emphasized that Japanese Prime Minister Sanae Takaichi attaches great importance to Japan-China relations, and the Japanese side never intends todecouple from the Chinese side.茂木敏充在通话中回应称，当前全球格局正经历深刻变革，中日两国在国际舞台上肩负的责任日益重要。他表示，日本首相高市早苗（Sanae Takaichi）高度重视中日关系，日方从未有与中方“脱钩”的意图。Motegi expressed the hope that both sides would enhance exchanges at all levels, expand mutually beneficial cooperation, properly manage differences and fully advance a constructive and stable strategic relationship of mutual benefit.茂木敏充同时提议，双方应进一步加强各层级交流互动，扩大互利合作领域，以建设性方式妥善管控分歧，全面推进建设性、稳定且互利共赢的战略伙伴关系。Lyu Yaodong, a research fellow at the Chinese Academy of Social Sciences' Institute of Japanese Studies, said the relationship between Asia's two largest economies have been strained in recent years due to Japan's stance on historical issues and the Taiwan question.中国社会科学院日本研究所研究员吕耀东在接受分析时指出，近年来，受日本在历史问题上的态度及涉台立场影响，中日这两个亚洲最大经济体之间的关系始终处于紧张状态。China sent a clear message through Tuesday's phone call, he said. "The message is that Japan's new cabinet must adhere to the four political documents and actprudently on historical and Taiwan-related issues."他认为，此次中日外长通话传递出明确信号：“日本新内阁必须严格恪守中日四个政治文件精神，在历史问题和台湾问题上保持审慎态度，切实采取符合双边关系根本利益的行动。”Four political documents of China and Japan中日四个政治文件，是《中日联合声明》（1972年）、《中日和平友好条约》（1978年）、《中日联合宣言》（1998年）和《中日关于全面推进战略互惠关系的联合声明》（2008年）的总称。High-level exchanges高层交往decouple/ˌdiːˈkʌp.əl/v.脱钩prudently/ˈpruː.dənt.li/adv.审慎地

China's benchmark Shanghai Composite Index briefly topped the 4,000-point mark on Tuesday morning — for the first time in a decade — reflecting growing investor confidence in the economic prospects of the country as it readies to advance innovation-driven, high-quality development over the next five years.周二上午，中国基准股指上证指数一度突破4000点关口——这是近十年来的首次突破。当前中国正为未来五年推进创新驱动的高质量发展做准备，此次指数突破反映出投资者对中国经济前景的信心不断增强。Analysts said China's stock market is set to emerge as a preferred and important destination for global investors amid rising market resiliency, with the latest refinements to the qualified foreign institutional investor mechanism further facilitating the entry of long-term overseas capital.分析师表示，随着中国股市韧性持续提升，加之合格境外机构投资者（QFII）机制近期优化，进一步便利了境外长期资金入市，中国股市有望成为全球投资者青睐的重要投资目的地。On Tuesday morning, the Shanghai Composite Index hit 4,010.73 points, the highest since July 2015, led by stocks related to Fujian province, before retreating on profit-taking pressures to close at 3,988.22 points.周二上午，上证指数盘中触及4010.73点，创下2015年7月以来的最高点位，福建相关概念股成为推动指数上涨的主力。不过，受获利了结压力影响，指数随后回落，最终收于3988.22点。Yang Delong, chief economist at First Seafront Fund, said the surge that saw the index surpassing the 4,000-point mark 10 years ago was primarily driven by infrastructure and real estate stocks. In contrast, the latest market uptrend was mainly led by high-tech industries, reflecting a shift in market structure and the progress of China's economic transformation.前海开源基金首席经济学家杨德龙指出，十年前上证指数突破4000点的行情主要由基建和地产股推动；与之不同，此次市场上涨主要由高科技产业领涨，这一差异既体现了市场结构的转变，也反映出中国经济转型的进展。The Shanghai Composite Index has risen 19 percent so far this year, while the STAR 50 Index and the ChiNext Index, two gauges tracking China's tech-oriented and innovative enterprises, have surged over 48 percent and 50 percent, respectively.今年以来，上证指数累计涨幅已达19%；而跟踪中国科技型、创新型企业的两大指数——科创50指数和创业板指数，同期涨幅分别超过48%和50%。The recommendations for formulating the 15th Five-Year Plan (2026-30) for national economic and social development, adopted at the fourth plenary session of the 20th Communist Party of China Central Committee, set achieving significant progress in high-quality development and substantially enhancing the capacity for scientific and technological self-reliance as main targets for the coming five years.中共二十届四中全会审议通过了《关于制定国民经济和社会发展第十五个五年规划（2026-2030年）的建议》，将“高质量发展取得显著成效”“科技自立自强能力大幅提升”列为未来五年的主要目标。Alex Zhang, a portfolio manager at global asset management company Fidelity International, said that the session, charting the path of China's economic development over the next five years, has strengthened investor confidence in the country's focus on developing new quality productive forces that are "independent and controllable".富达国际（全球资产管理公司）投资组合经理张弛（音译）表示，此次全会明确了中国未来五年的经济发展路径，让投资者更加坚信中国会聚焦发展“自主可控”的新质生产力，极大提振了市场信心。"We reiterate our optimism about four major investment tracks — artificial intelligence, aerospace, the low-altitude economy and innovative consumption," Zhang said. "We are full of confidence in China's innovation-driven transformation and high-quality development during the 15th Five-Year Plan period."“我们重申对四大投资赛道的乐观预期，即人工智能、航空航天、低空经济和创新消费，”张弛称，“对于‘十五五'期间中国通过创新驱动实现转型、推动高质量发展，我们充满信心。”Another key factor supporting investor confidence has been China's continued capital market reform and opening-up. At the Annual Conference of Financial Street Forum 2025 on Monday in Beijing, Wu Qing, chairman of the China Securities Regulatory Commission, vowed to introduce a series of measures to deepen capital market reform on both the investment and financing fronts, underscoring China's commitment to fostering the steady and healthy development of its capital market.支撑投资者信心的另一关键因素是中国资本市场持续推进改革与开放。周一在北京举办的2025年金融街论坛年会上，中国证券监督管理委员会主席吴清承诺，将推出一系列措施，从投资端和融资端双向深化资本市场改革，彰显中国推动资本市场平稳健康发展的坚定决心。In another development, the commission unveiled on Monday the most comprehensive upgrade to the qualified foreign institutional investor program since 2020, which allows approved overseas institutions to invest in China's domestic securities markets, marking a concrete step in advancing institutional opening-up.此外，中国证监会于周一宣布对合格境外机构投资者（QFII）制度进行2020年以来最全面的升级。该制度允许获批境外机构投资中国境内证券市场，此次升级是中国推进制度型开放的具体举措。According to a two-year working plan, key measures include allowing qualified foreign investors to use exchange-traded fund options for risk management, expanding their access to commodity futures and options trading, integrating qualification approval with account opening under a single streamlined procedure, and unifying short-term trading rules to ensure equal treatment for foreign and domestic institutions.根据一份为期两年的工作方案，此次升级的重点措施包括：允许合格境外投资者运用交易所交易基金（ETF）期权进行风险管理；扩大其参与商品期货和期权交易的范围；将资格审批与账户开立整合为单一简化流程；统一短期交易规则，确保境外机构与境内机构享受同等待遇。benchmark/ˈbentʃmɑːk/n.基准指标resiliency/rɪˈzɪliənsi/n.承受压力并快速恢复的能力streamlined/ˈstriːmlaɪnd/adj.高效的；简洁的

Xi Jinping, general secretary of the Communist Party of China Central Committee, has emphasized that formulating the 15th Five-Year Plan (2026-30) is of great significance for facilitating China's sustained and sound development, and for putting the country on firmer foundations for basically achieving socialist modernization as planned.The remarks were made in Xi's explanatory speech on the recommendations for the 15th Five-Year Plan, delivered at the fourth plenary session of the 20th CPC Central Committee, which concluded last week in Beijing.Both the speech and the recommendations, which were adopted at the plenum, were made public on Tuesday.In his speech, Xi said the recommendations were drafted to make systematic plans and strategic arrangements for China's economic and social development in the next five years.The recommendations were initiated in line with the country's strategic development goals, recognizing the pivotal role of the next five years, and based on an in-depth analysis of both the domestic and global landscapes, he added.He highlighted that the drafting process placed particular emphasis on staying oriented toward both goals and problems, applying systems thinking, further deepening reform comprehensively, and opening wider to the outside world."Socialist modernization can only be realized through a historical process of gradual and ongoing development. It requires the unremitting hard work of one generation after another," Xi said.He noted that the 15th Five-Year Plan period will serve as a critical stage in building on past successes to break new ground for basically achieving socialist modernization by 2035.Elaborating on important points and major measures in the recommendations, Xi pointed out that a key development objective for the 15th Five-Year Plan period is to maintain an appropriate rate of economic and social development.He also defined promoting high-quality development as the main focus in this period, stressing that the recommendations highlight the guiding role of scientific and technological innovation and make overall plans for modernizing the industrial system, boosting self-reliance and strength in science and technology, and accelerating the green transition across the board.A group was established in January for the purpose of drafting the recommendations, with Xi serving as its chief. The group convened its first plenary meeting in February, marking the official start of the drafting work.Throughout the drafting process, the CPC Central Committee followed a democratic approach and drew on a vast pool of wisdom, conducting in-depth surveys and studies, and seeking opinions from within and outside of the Party, Xi said.The CPC Central Committee organized six teams to conduct research projects in 12 provincial-level regions. In addition, 35 key research projects were assigned to Party and government bodies, and multiple symposiums were held. An online campaign was launched to gather public suggestions, receiving more than 3 million comments.During the drafting process, the Standing Committee of the Political Bureau of the CPC Central Committee met three times and the Political Bureau convened on two occasions to review and revise draft versions of the document, before the final draft recommendations were submitted to the plenary session for deliberation."It is fair to say that the drafting work for this document is yet another vivid example of intra-Party democracy and whole-process people's democracy in action," Xi said.Jiang Jinquan, director of the CPC Central Committee Policy Research Office, told a news conference on the outcomes of the fourth plenary session that participants of the plenum agreed that the recommendations represent another major programmatic document in the Party's history.Yan Yilong, deputy dean of the Institute for Contemporary China Studies at Tsinghua University, said the recommendations provide political guidance for formulating the outline of the 15th Five-Year Plan.The drafting of the outline has officially begun and the draft outline is scheduled to be submitted to next year's two sessions for deliberation, Yan noted.Sheradil Baktygulov, director of the Institute of World Politics of Kyrgyzstan, said in a recent interview with Xinhua News Agency that China's development experience demonstrates its ability to mobilize resources effectively to achieve national goals.He expects China to become more technologically advanced, self-sufficient and confident on the global stage, with the 15th Five-Year Plan playing a critical role in advancing the second centenary goal — to build China into a great modern socialist country that is prosperous, strong, democratic, culturally advanced, harmonious and beautiful by 2049.

China has released details of the recommendations for formulating the 15th Five-Year Plan for social and economic development, adopted at last week's leadership meeting of the Communist Party of China.

China's industrial profits grew at its fastest pace in nearly two years in September, official data showed on Monday, as policy measures to rein in rat-race competition helped ease pressure on manufacturers despite lingering domestic and external headwinds.官方数据于周一显示，尽管国内外不利因素仍存，但随着遏制无序竞争的政策措施帮助缓解了制造商的压力，9月中国工业利润增速达到近两年来的最高水平。Analysts attributed the rebound in corporate profitability to firmer prices and resilient industrial output, supported by Beijing's pro-growth policies, pointing to a stabilizing economy buoyed by the strong performance of the new quality productive forces.分析师认为，在国家稳增长政策的支撑下，产品价格趋稳以及工业产出保持韧性，推动了企业盈利能力的回升。他们指出，得益于新质生产力的良好发展态势，中国经济正趋于稳定。Looking ahead, they expect the recovery momentum to extend into the fourth quarter, with policymakers likely to intensify countercyclical adjustments to boost domestic demand, spur market confidence and reinforce internal growth drivers — keeping China on track to meet its full-year growth target.展望未来，分析师预计复苏势头将延续至第四季度。政策制定者可能会加大逆周期调节力度，以扩大内需、提振市场信心并强化内生增长动力，确保中国能够实现全年经济增长目标。China's industrial enterprises with an annual revenue of at least 20 million yuan ($2.8 million) saw their total profits soar 21.6 percent year-on-year in September, following a 20.4 percent jump in August, marking the largest gain since November 2023, data from the National Bureau of Statistics showed on Monday.国家统计局周一发布的数据显示，9月，年营业收入2000万元（约合280万美元）及以上的中国工业企业，其实现利润总额同比激增21.6%；8月该指标同比增幅为20.4%。这意味着9月工业利润增幅创下2023年11月以来的最高纪录。During the first nine months of the year, profits at major industrial companies grew to 5.37 trillion yuan, a year-on-year increase of 3.2 percent, following a 0.9 percent rise in the first eight months.今年前9个月，规模以上工业企业实现利润5.37万亿元，同比增长3.2%；前8个月该指标同比增幅为0.9%。Wen Bin, chief economist at China Minsheng Bank, said: "The strong growth in September's industrial profits was largely driven by a low base from last year, combined with stabilizing production, easing price pressures and improving profit margins."中国民生银行首席经济学家温彬表示：“9月工业利润的强劲增长，很大程度上得益于去年同期的低基数效应，同时也受到生产企稳、价格压力缓解以及利润率改善等因素的综合推动。”NBS data showed China's industrial output surged 6.5 percent year-on-year in September after a 5.2 percent rise in August, marking the first acceleration in three months.国家统计局数据显示，9月中国工业增加值同比增长6.5%，较8月的5.2%有所提升，这是该指标近三个月来首次出现增速加快。Meanwhile, China's producer price index — which measures factory-gate prices — fell 2.3 percent year-on-year in September, easing from a 2.9 percent drop in August.与此同时，9月中国工业品出厂价格指数（PPI，衡量工厂端产品价格水平）同比下降2.3%，降幅较8月的2.9%有所收窄。Wen also noted that "structural bright spots are a key part of the rebound in corporate profitability", underpinned by the robust performance of high-tech manufacturing and equipment manufacturing sectors.温彬还指出，“结构性亮点是企业盈利能力回升的关键因素”，而高新技术制造业和装备制造业的强劲表现为这一亮点提供了支撑。According to the NBS, profits in high-tech manufacturing industries surged 26.8 percent in September, driving overall industrial profit growth to accelerate by 6.1 percentage points.国家统计局数据显示，9月高新技术制造业利润同比激增26.8%，拉动全部工业利润增速加快6.1个百分点。For the first nine months, profits in equipment manufacturing industries soared 9.4 percent, contributing 3.4 percentage points to overall profit growth.今年前9个月，装备制造业利润同比大幅增长9.4%，对全部工业利润增长的贡献率达到3.4个百分点。Citing the faster profit growth among private sector and foreign companies, Wen said that it indicates market expectations are improving, and business confidence is recovering.温彬提到，私营企业和外资企业利润增速加快，这表明市场预期正在改善，企业信心逐步恢复。Looking ahead, he said the fourth quarter will likely see steady growth in industrial profits with the government's effective measures to curb involution competition, easing price pressures and improving corporate profitability.他表示，展望未来，随着政府采取有效措施遏制行业内卷、价格压力进一步缓解以及企业盈利能力持续改善，第四季度工业利润有望保持稳定增长。In the communique of the fourth plenary session of the 20th Central Committee of the Communist Party of China, which was released on Thursday, policymakers called for "resolutely achieving the economic and social targets set for this year", suggesting they will ensure GDP growth will reach the "around 5 percent" growth target.中共二十届四中全会公报于周四发布，其中政策制定者提出“坚决完成今年经济社会发展目标任务”，这一表述意味着政府将确保国内生产总值（GDP）实现“5%左右”的增长目标。Lu Ting, chief China economist at Nomura, said he expects the country to refocus on short-term growth stability. "Beijing just needs around 4.2 percent GDP growth in the fourth quarter to deliver that target. So, from a statistics perspective, it's easily within reach," he said.野村证券首席中国经济学家陆挺表示，预计中国将重新聚焦短期经济稳定增长。他指出：“要实现全年增长目标，中国第四季度GDP增速只需达到4.2%左右即可。因此，从统计角度来看，这一目标触手可及。”The best strategy is to resist the temptation to fuel the stock markets by avoiding too high-profile monetary measures in the near term, remaining vigilant by avoiding contractionary policies, cleaning up the property market problem, and addressing some deep-rooted problems such as the unequal social security system, Lu said.陆挺认为，当前最佳策略是：短期内避免推出过于高调的货币政策，抵制刺激股市的诱惑；保持警惕，不采取紧缩性政策；着力解决房地产市场问题；并应对一些深层次问题，如社会保障体系不均衡等。A report released by the Chinese Academy of Social Sciences' Institute of Finance & Banking on Monday noted that insufficient effective demand remains a prominent challenge.中国社会科学院金融研究所周一发布的一份报告指出，有效需求不足仍是当前面临的突出挑战。Against the backdrop of US-China trade friction and profound structural economic shifts, the report said China should advance macroeconomic governance system innovation that addresses both existing structures and new growth drivers, with a focus on enhancing policy efficacy.报告称，在美国对华贸易摩擦以及国内经济结构性深刻调整的背景下，中国应推进兼顾现有结构与新增动力的宏观经济治理体系改革，并重点提升政策实施效果。"In the short term, macro policies should be proactively strengthened, including more forceful fiscal spending tilted toward consumption stimulation, utilizing the room for interest rate cuts and reserve requirement ratio reductions created by the US Federal Reserve's move, and implementing multi-pronged measures to stabilize the property market and foster its high-quality development," said Wang Qing, assistant researcher at the institute.该研究所助理研究员王青（音译）表示：“短期内，应积极加大宏观政策力度，包括采取更有力的财政支出措施并向刺激消费倾斜、利用美联储政策调整所带来的降息降准空间，以及通过多方面举措稳定房地产市场、推动其高质量发展。”resilient/rɪˈzɪliənt/adj.能快速恢复的，具韧性的countercyclical/ˌkaʊntəˈsaɪklɪkl/adj.反经济周期的

President Xi Jinping has called for giving full play to the role of the Palace Museum and turning it into an important window for the world to better understand Chinese civilization and the Chinese nation, as he visited an exhibition marking the museum's 100th founding anniversary on Monday.Once China's imperial palace from 1420 to 1911, and also known as the Forbidden City, the Palace Museum was established in October 1925, when it opened to the public.Xi, who is also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, arrived at the Palace Museum in Beijing at 10 am to visit the centennial exhibition.More than 200 carefully selected exhibits, including paintings, calligraphy, jade, bronzeware, gold artifacts, porcelain and architectural components, are on display, bearing witness to the splendid history and unbroken cultural lineage of the Chinese nation.Xi listened attentively to the explanations during his visit, pausing from time to time to observe the exhibits closely and inquire about relevant details.He said that the Palace Museum embodies the cultural genes of the Chinese nation and stands as a hallmark of Chinese civilization.Protecting the Palace Museum well and giving full play to its role is a matter of national importance and a glorious mission for those who work at the museum, he said.Xi encouraged the Palace Museum, which is at a new starting point in its centennial journey, to carry forward its fine traditions, stay committed to the principle that cultural relics belong to and serve the people, and further strengthen the protection and restoration of cultural relics.He also called for efforts to enhance adaptive utilization of cultural relics, making the Palace Museum an important base for patriotic education and a key window through which the world can gain a deeper understanding of Chinese civilization and the Chinese people.Cai Qi, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, and Li Shulei, head of the Publicity Department of the CPC Central Committee, also visited the exhibition.Titled A Century of Stewardship: From the Forbidden City to the Palace Museum, the exhibition is in three parts: "A Lineage of Civilization", "A Century of Endeavor" and "Myriad Visions of Splendor". It opened on Sept 30 and will run until the year's end.centennial/senˈteniəl/adj.百年的lineage/ˈlɪniɪdʒ/n.脉络adaptive/əˈdæptɪv/adj.适应的、有适应能力的

People from both sides of the Taiwan Strait said that no separatist forces can erase the shared history and national identity that bind people across the Strait, as the 80th anniversary of Taiwan's restoration to China was commemorated in Beijing.在北京纪念台湾光复80周年之际，海峡两岸同胞表示，任何分裂势力都无法抹去联结两岸同胞的共同历史与民族认同。A grand gathering celebrating the anniversary was held in Beijing on Saturday. It marked the first Commemoration Day of Taiwan's Restoration, following an official designation on Friday by the Standing Committee of the 14th National People's Congress, China's top legislature.周六，北京举行纪念台湾光复80周年盛大集会。此前一日（周五），中国最高立法机关——第十四届全国人民代表大会常务委员会正式设立“台湾光复纪念日”，本次集会是该纪念日设立后的首次纪念活动。Wang Huning, chairman of the National Committee of the Chinese People's Political Consultative Conference, addressed the event, calling on compatriots on both sides of the Strait to work together to advance national reunification and to firmly oppose all forms of "Taiwan independence" separatist activities.全国政协主席王沪宁在集会上发表讲话，呼吁海峡两岸同胞共同努力推进祖国统一大业，坚决反对任何形式的“台独”分裂活动。Wang stressed that the establishment of the commemoration day demonstrated the unwavering commitment of all Chinese people to uphold the one-China principle and safeguard national sovereignty and territorial integrity.王沪宁强调，设立“台湾光复纪念日”，彰显了全体中国人民坚定维护一个中国原则、捍卫国家主权和领土完整的不变决心。After the event, several guests from Taiwan said the commemoration had strengthened their confidence in the nation's eventual reunification.集会结束后，多位台湾嘉宾表示，此次纪念活动增强了他们对祖国最终实现统一的信心。Justin Lin Yifu, a Taiwan-born economist and professor at Peking University, said that Taiwan's restoration to China and the victory in the Chinese People's War of Resistance Against Japanese Aggression (1931-45) should be remembered by all Chinese people.出生于台湾的经济学家、北京大学教授林毅夫指出，台湾光复回归中国与中国人民抗日战争（1931-1945年）的胜利，是全体中国人民应当铭记的历史。"The course of history will not be altered by the obstruction of a small handful of people," he said, adding that the commemoration day strengthens pride in being Chinese.“历史进程不会因少数人的阻挠而改变，”林毅夫表示，“设立这一纪念日，进一步增强了我们的民族自豪感。”WuRong-yuan, chairperson of Taiwan's Labor Party, said the establishment of the commemoration day demonstrated to the world that commemorating Taiwan's restoration is the heartfelt, shared wish of compatriots on both sides of the Strait.台湾劳动党主席吴荣元表示，“台湾光复纪念日”的设立向世界表明，纪念台湾光复是海峡两岸同胞共同的深切心愿。"Our shared bonds and memories cannot be severed by any external forces or separatists," he emphasized.“我们之间的血脉联结与共同记忆，任何外部势力和分裂分子都无法割裂。”他强调道。Wu added that the decision provided strong legal and political support for all patriotic forces committed to advancing the cause of national reunification.吴荣元补充称，这一决定为所有致力于推进祖国统一事业的爱国力量提供了坚实的法律与政治支撑。On Oct 25, 1945, the ceremony to accept Japan's surrender in the Taiwan province of the China war theater of the Allied powers was held in Taipei. From that moment, Taiwan and the Penghu Islands were restored to China's sovereign jurisdiction.1945年10月25日，同盟国中国战区台湾省受降仪式在台北举行。自那一刻起，台湾及澎湖列岛重新回归中国主权管辖之下。Shaw Kai-ping, honorary president of the association for relatives of patriots in Taiwan who fought against Japanese aggression, said it was a great honor for Oct 25 to be established as a national commemoration day. Shaw's father and grandfather both took part in the resistance against Japanese occupation.台湾抗日爱国志士亲属联谊会荣誉会长萧开平表示，将10月25日设立为国家级纪念日，是一件意义重大的事。萧开平的父亲与祖父均曾参与反抗日本殖民统治的斗争。"This decision shows that the motherland has not forgotten the people of Taiwan, and that reunification is destined to be achieved," Shaw said.“这一决定表明，祖国没有忘记台湾同胞，统一大业注定实现。”萧开平说。Chi Hsing, honorary chairman of the Reunification Alliance Party in Taiwan, said he had long awaited the establishment of the commemoration day. "As the historical truth comes to light, more and more people are gaining a clearer understanding of what really happened," Chi said.台湾统一联盟党荣誉主席纪欣表示，她一直期盼“台湾光复纪念日”的设立。“随着历史真相的不断揭示，越来越多的人开始清晰了解当年的真实情况。”纪欣说。The Taiwan Work Office of the Communist Party of China Central Committee and the Taiwan Affairs Office of the State Council hosted a reception in Beijing on Saturday, attended by guests from both Taiwan and the mainland who had participated in the earlier gathering.中共中央台湾工作办公室、国务院台湾事务办公室于周六在北京举办招待会，出席此前纪念集会的两岸嘉宾受邀参加。Song Tao, head of both offices, said at the reception that establishing the commemoration day on the occasion of the 80th anniversary of Taiwan's restoration fully reflects the will of the people and the resolve of the nation.两办主任宋涛在招待会上表示，在台湾光复80周年之际设立这一纪念日，充分体现了人民的意愿与国家的决心。"We are confident in advancing the great cause of national reunification and enhancing the well-being of our Taiwan compatriots," Song said.“我们有信心推进祖国统一伟大事业，增进台湾同胞福祉。”宋涛说。Chi Hsing, publisher of The Observer magazine in Taiwan, said the decision reflects the shared aspirations of the vast majority of Taiwan compatriots.台湾《观察》杂志发行人纪欣表示，设立“台湾光复纪念日”的决定，反映了绝大多数台湾同胞的共同心声。"It will carry forward the patriotic tradition, reaffirm that both sides of the Strait belong to one China, and inspire pride in being Chinese," she said.“这将传承爱国传统，重申海峡两岸同属一个中国，激发民族自豪感。”她说。Ji Bin, vice-chairman of the All-China Federation of Taiwan Compatriots, said the restoration of Taiwan is solid evidence of the Chinese government's resumption of sovereignty over Taiwan and a crucial link in the historical and legal chain of Taiwan being part of China.中华全国台湾同胞联谊会副会长纪斌指出，台湾光复是中国政府恢复对台湾行使主权的铁证，也是台湾作为中国一部分的历史与法律链条中的关键一环。"No matter how the Democratic Progressive Party and its politicians distort the truth of the war of resistance against Japanese aggression, deny the achievements of the war victory, downplay or deny the historical significance of Taiwan's restoration, and collude with external forces to promote the fallacy of 'Taiwan's undetermined status', they cannot distort or undermine the historical and legal fact that Taiwan belongs to China," Ji said.“无论民进党及其政客如何歪曲抗日战争史实、否认抗战胜利成果、淡化甚至否定台湾光复的历史意义，勾结外部势力宣扬‘台湾地位未定论'谬论，都无法歪曲和改变台湾属于中国的历史与法律事实。”纪斌说。In Taipei, the memorial association of the Chinese war of resistance against Japanese aggression in Taiwan and the Chinese Kuomintang party jointly held a celebration on Saturday marking the anniversary of Taiwan's restoration.在台北，台湾抗日民族统一战线纪念会与中国国民党于周六联合举办台湾光复80周年纪念活动。Overseas Chinese from both sides of the Strait also celebrated the commemoration day in various forms. Chinese embassies in countries including the United States, Japan, Brazil and Indonesia held symposiums marking the 80th anniversary of Taiwan's restoration on the day of commemoration.海外两岸侨胞也以多种形式庆祝这一纪念日。中国驻美国、日本、巴西、印度尼西亚等国的大使馆，均在纪念日当天举办台湾光复80周年座谈会。In New York City, hundreds of Chinese compatriots from both sides of the Strait gathered in the Flushing neighborhood of Queens borough on Friday to celebrate the anniversary.在纽约，数百名两岸同胞于周五齐聚皇后区法拉盛社区，共同庆祝台湾光复80周年。separatist/ˈseprətɪst/adj.分裂主义的，分离主义的sovereignty /ˈsɒvrənti/n.主权；最高统治权jurisdiction/ˌdʒʊərɪsˈdɪkʃn/n.管辖权，司法权

China's ruling Communist Party leadership met in Beijing to frame the next five-year-plan. Amid a trade war with the United States, they set priorities for economic policy and technology, including how to build artificial intelligence into key sectors of society.   New faces appeared and old ones vanished, with a purge of senior military officials and others as President Xi Jinping sacked some officials he had earlier promoted. As Xi prepares to meet with US President Donald Trump in South Korea, Chatham House senior research fellows Yu Jie and James Kynge join host Bronwen Maddox. Read our latest: The UK must prioritize cybersecurity or be left dangerously exposed Sanae Takaichi sees herself as the successor to Shinzo Abe. But changes in Japan's politics present big challenges Tanzania election: Erosion of democracy will also come at the cost of economic potential Presented by Bronwen Maddox. Produced by Stephen Farrell. Read the Autumn issue of The World Today  Listen to The Climate Briefing podcast

US President Donald Trump is aiming for a quick win in a pivotal Thursday meeting with Chinese counterpart Xi Jinping, even if the outcome falls short of the sweeping deal he's teased on issues at the heart of the rivalry between the world's two largest economies. Ahead of the sit-down, the US president said he wants to extend a pause on higher tariffs on Chinese goods in exchange for Xi resuming American soybean purchases, cracking down on fentanyl and backing off restrictions on rare-earth exports — all while maintaining some trade barriers he sees as essential. China vowed to enhance technological self-reliance and grow the domestic market in the next five years, as it looks to both insulate the economy from foreign pressures and build a sustainable engine for growth. The country will aim to "greatly increase" the capacity for self-reliance and strength in science and technology, according to a communique released Thursday after a four-day conclave of the Communist Party's Central Committee. It will also seek to maintain manufacturing's share in the economy at a "reasonable" level as part of efforts to build a modern industrial system. For more, we heard from Peiqian Liu, Economist at Fidelity International Asia. She spoke to Bloomberg's Annabelle Droulers and Avril Hong on the Asia Trade. Plus - Asian stocks opened higher Friday as a planned meeting between Donald Trump and Xi Jinping eased nerves around trade tensions. The dollar was little changed ahead of US inflation data, with investors expecting the Federal Reserve to announce a rate cut next week despite inflation being above the Fed's goal. For more on the market action, we heard from Mark Cranfield, Bloomberg's MLIV Strategist. He spoke to Bloomberg's Annabelle Droulers and Avril Hong on the Asia Trade. See omnystudio.com/listener for privacy information.

Top Chinese leaders have adopted recommendations for the country's 15th Five-Year Plan during the fourth plenary session of the 20th Central Committee of the Communist Party of China. The plan will guide China's economic and social development from 2026 to 2030. According to the session's communique, the blueprint will emphasize high-quality growth, innovation, green development, modern industry, national security, and better education and healthcare. In this episode, we look at how China envisions its development for the next five years. Host Ding Heng is joined by Li Lun, Assistant Professor of Economics at Peking University; Dylan Loh, Associate Professor from Public Policy and Global Affairs Program, Nanyang Technological University; Yao Shujie, Chueng Kong Professor of Economics and Deputy Director of the Department of Social Sciences, Chongqing University.

China is set to make the development of new quality productive forces one of the top priorities of its next five-year plan, as policymakers seek to upgrade the nation's industrial structure, spur innovation-driven growth, and reinforce confidence in the long-term outlook of the world's second-largest economy, said officials, experts and global executives.官员、专家及全球企业高管表示，中国计划将发展新质生产力列为下一个五年规划的重点任务之一，政策制定者正致力于推动产业结构升级、激发创新驱动型增长，并增强对这一世界第二大经济体长期发展前景的信心。The new blueprint will serve as a crucial bridge between the current phase of recovery and China's goal of basically achieving socialist modernization by 2035. Experts said it underscores the country's resolve to reinvigorate growth amid domestic structural pressures and rising global uncertainties, steering the economy toward new drivers such as advanced manufacturing, green transformation and digital innovation.这份新蓝图将成为当前复苏阶段与中国2035年基本实现社会主义现代化目标之间的重要桥梁。专家指出，这凸显了中国在国内结构性压力和全球不确定性上升的背景下重振增长的决心，推动经济向先进制造业、绿色转型和数字创新等新动力方向发展。Their comments came as the market is closely watching the draft proposals for the 15th Five-Year Plan (2026-30), as the 20th Central Committee of the Communist Party of China is holding its fourth plenary session in Beijing to deliberate on the drafting of the blueprint for China's development over the next five years.他们的表态正值市场密切关注“十五五”规划草案之际，中共二十届四中全会正在北京召开，审议未来五年中国发展蓝图的编制工作。President Xi Jinping shed light on the likely key priorities in Shanghai in April as he presided over a symposium on China's economic and social development in the 15th Five-Year Plan period and delivered an important speech.4月，习近平主席在上海主持“十五五”时期经济社会发展座谈会并发表重要讲话，阐明了未来五年可能的重点任务。Xi, who is also general secretary of the CPC Central Committee, said higher strategic priority must be given to fostering new quality productive forces in line with local conditions in the next five years.作为中共中央总书记，习近平强调，未来五年必须结合地方实际，把培育新质生产力摆在更突出的战略位置。Highlighting the roles of technological innovation and the real economy, he called for efforts to transform and upgrade traditional industries, develop emerging industries, and make forward-thinking arrangements for industries of the future, in order to accelerate modernization of the industrial system.习近平主席强调科技创新和实体经济的重要作用，呼吁着力推动传统产业转型升级、发展战略性新兴产业、前瞻布局未来产业，以加快推进工业体系现代化。Robin Xing, chief China economist at Morgan Stanley, said his team believes that China will remain committed to deepening the economic transition anchored in technology and innovation to secure the supply chain and energy self-sufficiency. "We expect a tech-and supply-driven framework."摩根士丹利首席中国经济学家邢自强表示，其团队认为中国将继续致力于深化以科技和创新为核心的经济转型，保障供应链和能源自给自足，“我们预计将形成一个以科技和供应链为驱动的框架”。Zhang Ning, senior China economist at UBS Investment Bank, said China is likely to continue offering support in fundamental and frontier research, and in self-sufficiency technology bottleneck areas during the next five years.瑞银投资银行高级中国经济学家张宁指出，未来五年中国可能会继续支持基础研究和前沿研究，并在关键技术“卡脖子”领域助力自主可控。"We think fostering 'high-quality growth' will likely be the top priority over the next decade, mainly driven by innovation and total factor productivity growth," Zhang added.她补充道：“我们认为，未来十年‘高质量增长'有望成为首要任务，这一增长将主要由创新和全要素生产率提升驱动”。A meeting of the Political Bureau of the CPC Central Committee, chaired by Xi in late September, discussed major issues related to the formulation of the 15th Five-Year Plan for national economic and social development.9月底，习近平主席主持召开中共中央政治局会议，研究“十五五”时期国民经济和社会发展规划编制的重大问题。The meeting stressed the need to remain committed to high-quality development, foster new quality productive forces in line with local conditions, and comprehensively deepen reform while further expanding high-level opening-up.会议强调，要坚持高质量发展，结合地方实际培育新质生产力，全面深化改革并进一步扩大高水平对外开放。Citing research topics for the next five-year plan released by the National Development and Reform Commission, the country's top economic regulator, Ye Fan, an analyst at Southwest Securities, said the scope of studies under the upcoming five-year plan has expanded significantly, with newly added topics accounting for about 50 percent of the total.西南证券分析师叶凡援引中国最高经济调控机构国家发展和改革委员会发布的“十五五”规划研究课题指出，下一个五年规划的研究范围大幅扩大，新增课题约占总数的50%。"Among them, subjects related to technological innovation and industrial development increased by 80 percent and 64 percent, respectively," Ye noted. "The topics cover key areas such as global technological and industrial transformation, talent development and innovation capacity building. In terms of industrial priorities, the focus is placed on key areas including the digital economy, artificial intelligence, services and healthcare."其中，科技创新和产业发展相关课题占比分别提升80%和64%，涵盖全球科技产业变革、人才培养、创新能力建设等关键领域；产业重点则聚焦数字经济、人工智能、服务业、医疗健康等方向。According to Ye, policymakers will place greater emphasis on development quality, efficiency and sustainability in the next five years. "It will drive industrial upgrading through technological innovation, deepen the integration of the digital and real economies, and promote a comprehensive green transformation of China's economy and society."叶凡表示，未来五年政策制定者将更注重发展质量、效率和可持续性，通过科技创新推动产业升级，深化数字经济与实体经济融合，促进中国经济社会全面绿色转型。In March 2024, Zheng Shanjie, head of the NDRC, told a symposium that the planning of the 15th Five-Year Plan will fully take into account the practical requirements for developing new quality productive forces.2024年3月，国家发展和改革委员会（NDRC）主任郑栅洁在一场座谈会上表示，“十五五”规划编制将充分考虑发展新质生产力的实际需求。He said policymakers will focus on identifying key tasks and foundational projects to promote the growth of new quality productive forces as they set major goals, strategic missions, reform measures, and large-scale projects for the next stage of China's economic and social development.他指出，政策制定者在确定下一阶段中国经济社会发展的主要目标、战略任务、改革举措和重大项目时，将重点明确推动新质生产力发展的关键任务和基础性项目。Hu Yuwei, chief policy analyst at China Securities, said the next five-year blueprint will place greater emphasis on innovation-driven growth, green and low-carbon development, and digital transformation to adapt to the trends of globalization and informatization.中国证券首席政策分析师胡玉玮表示，下一个五年规划蓝图将更加强调创新驱动增长、绿色低碳发展和数字化转型，以适应全球化和信息化趋势。China's innovation capacity has risen rapidly over the past few years. According to the "Global Innovation Index 2025" report released by the World Intellectual Property Organization, China has risen to 10th place in the global innovation ranking for 2025, up one spot from last year, marking its first entry into the top 10.过去几年，中国创新能力快速提升。根据世界知识产权组织发布的《2025年全球创新指数》报告，中国2025年全球创新排名升至第10位，较上年提升1位，首次进入前十。However, Hu cautioned that challenges remain. "Our basic research remains relatively weak, with insufficient concentration of scientific resources and a lack of systematic advantage in original innovation."不过，胡玉玮也提醒，挑战依然存在。“我国基础研究相对薄弱，科技资源集中度不足，原始创新缺乏系统性优势。”Hu suggested that during the next five years, China should strengthen its national strategic science and technology capacity, enhance self-reliance in core technologies, and promote advanced, smart and green manufacturing.胡玉玮建议，未来五年，中国应强化国家战略科技力量，提升核心技术自主可控能力，推动先进制造、智能制造和绿色制造发展。Global executives hailed China's ongoing efforts to foster new quality productive forces, saying that multinational corporations will see rising opportunities in the next few years.全球企业高管对中国培育新质生产力的持续努力表示赞赏，认为跨国公司未来几年将迎来更多机遇。"I don't see China only as just the market. I think China has probably become an engine for some specific innovations, which we can develop elsewhere," said Estelle Brachlianoff, CEO of Veolia, a French transnational group focusing on ecological environment and resource management.法国生态环境与资源管理跨国集团威立雅首席执行官埃斯特尔・布拉希利亚诺夫（音译）表示：“我不认为中国只是一个市场，我认为中国很可能已成为某些特定创新的引擎，这些创新成果也可应用到其他地区。”Brachlianoff said she is confident that China's upcoming 15th Five-Year Plan will keep green development high on the agenda, creating more opportunities for Veolia in areas such as decarbonization and ecological restoration.布拉希利亚诺夫称，她相信中国即将出台的“十五五”规划将继续把绿色发展置于重要议程，为威立雅在脱碳、生态修复等领域创造更多机会。Marc Horn, president of Merck China, said China is an important source of innovation. "We are very confident in staying the course and remaining committed to our investments (here in China)."默克集团中国区总裁何慕麒表示，中国是重要的创新源泉。“我们对在中国的发展道路充满信心，并将继续坚定投入。”underscore/ˌʌndəˈskɔː(r)/v.强调；凸显bottleneck/ˈbɒtlnek/n.瓶颈；障碍reinforce/ˌriːɪnˈfɔːs/v.增强；巩固deliberate/dɪˈlɪbəreɪt/v.审议；仔细考虑

Listen to news from and about the Church in Asia in a capsule of around 10 minutes.An upcoming Bollywood movie, claiming the iconic Taj Mahal is a Hindu temple, has caused fresh controversy in the Hindu-majority nation. Listen to the story and more in a wrap-up of the weekly news from Asia.Filed by UCA News reporters, compiled by Fabian Antony, text edited by Anosh Malekar, presented by Joe Mathews, Cover photo by AFP, background score by Andre Louis and produced by Binu Alex for ucanews.com For news in and about the Church in Asia, visit www.ucanews.comTo contribute please visit www.ucanews.com/donateOn Twitter Follow Or Connect through DM at : twitter.com/ucanewsTo view Video features please visit https://www.youtube.com/@ucanews

China is likely to press ahead with expanding the global use of the yuan in a gradual and prudent manner during the 15th Five-Year Plan period (2026-30), while continuing to foster a sound environment for using and holding the Chinese currency, officials and experts said.官员及专家表示，“十四五”规划期间（2026-2030年），中国或将以循序渐进、审慎稳妥的方式推进人民币国际化进程，同时持续营造有利于人民币使用与持有良好环境。As the dollar-centered international monetary system appears increasingly fragile, efforts to raise the yuan's global profile are seen as essential not only for safeguarding China's financial security but also for enhancing the resilience of the global monetary framework, they said.他们指出，随着以美元为核心的国际货币体系脆弱性日益凸显，提升人民币国际地位不仅对维护中国金融安全至关重要，也有助于增强全球货币体系的韧性。Future reforms, they added, should focus on broadening capital market access for global investors with a more integrated framework, deepening capital account liberalization under prudent oversight, and enhancing exchange rate flexibility to support the stable, long-term internationalization of the yuan, or the renminbi.专家补充称，未来改革应聚焦三大方向：通过更完善的一体化框架拓宽全球投资者进入中国资本市场的渠道、在审慎监管下深化资本账户开放、增强汇率弹性，以此支撑人民币长期稳定的国际化进程（人民币又称“Renminbi”）。The People's Bank of China, the country's central bank, said that China will continue to improve the environment for both domestic and overseas entities holding and using the yuan, as the cross-border use of the renminbi is a natural process.中国人民银行（中国央行）表示，跨境人民币使用是自然发展过程，中国将持续优化境内外主体持有和使用人民币的环境。"As the pace of diversification in the international monetary system accelerates, business entities are showing a stronger endogenous demand for using the yuan," it said.央行还提到，“随着国际货币体系多元化进程加快，市场主体对使用人民币的内生需求不断增强”。Efforts will be made to integrate investment channels to attract more overseas investment in the onshore financial market, refine renminbi settlement policies for cross-border trade and investment, and encourage more qualified overseas institutions to issue panda bonds — yuan-denominated bonds sold in the onshore market by overseas entities, it added.同时将整合投资渠道以吸引更多境外资金进入在岸金融市场、完善跨境贸易和投资人民币结算政策，并鼓励更多符合条件的境外机构发行熊猫债券（即境外主体在境内市场发行的人民币计价债券）。China is likely to map out the path for expanding high-level opening-up during the ongoing fourth plenary session of the 20th Communist Party of China Central Committee, where draft proposals for formulating the 15th Five-Year Plan for national economic and social development are being studied.中国或将在二十届四中全会期间明确高水平对外开放的推进路径，此次会议正研究制定“十四五”规划的国民经济和社会发展草案建议。President Xi Jinping highlighted the Chinese currency's heft as a core element of the country's financial strength in early 2024. Later last year, the resolution adopted at the third plenary session of the 20th CPC Central Committee stressed that the country should steadily and prudently advance the internationalization of the yuan while promoting high-standard opening-up of the financial sector.2024年初，习近平主席强调人民币地位是中国金融实力的核心组成部分；去年下半年，二十届三中全会通过的决议明确提出，中国应在推进金融业高水平开放的同时，稳步审慎推进人民币国际化。Experts said the fourth plenary session may reaffirm the steady and prudent advancement of renminbi internationalization as one of the key tasks during the 15th Five-Year Plan period.专家认为，四中全会可能会重申“稳步审慎推进人民币国际化”是“十四五”期间的重点任务之一。Guan Tao, global chief economist at investment bank BOCI China, said, "China needs to advance the gradual opening of the capital account to further facilitate the cross-border circulation and use of the yuan."中银国际全球首席经济学家管涛表示：“中国需逐步推进资本账户开放，以进一步便利人民币跨境流通与使用”。Generally speaking, the capital account records the net flow of investment into an economy.通常而言，资本账户记录一国经济体的投资净流入情况。Guan added that future opening steps are likely to follow a cautious and gradual approach, reflecting China's long-standing principle of moving forward step by step to ensure both safety and progress.管涛补充称，未来开放举措可能会延续“谨慎渐进”的思路，这体现了中国“稳中求进、确保安全”的长期原则。Marshall Mills, the International Monetary Fund's senior resident representative in China, said, "As China's role in the global economy and trade continues to grow, we expect the international use of the yuan to grow."国际货币基金组织（IMF）中国高级驻地代表马歇尔・米尔斯表示：“随着中国在全球经济和贸易中的作用持续提升，我们预计人民币的国际使用将不断增加”。Mills emphasized that the yuan's increasing use globally is a market-driven outcome.他同时强调，人民币国际使用的扩大是市场驱动的结果。Marking renminbi internationalization as a defining hallmark of China's financial opening-up, Wu Xiaoqiu, dean of the National Academy of Financial Research at Renmin University of China, said, "If a country's legal tender lacked global influence, the notion of great financial strength would be untenable."中国人民大学国家金融研究院院长吴晓球将人民币国际化视为中国金融开放的标志性事件，他指出：“若一个国家的法定货币缺乏国际影响力，那么‘金融强国'的理念便无从谈起”。Wu said that further opening the capital market is a priority for enhancing the global appeal of the renminbi. He suggested expanding treasury bond issuance — including replacing local government debt — to increase the supply of risk-free renminbi assets for global investors.吴晓球认为，进一步开放资本市场是提升人民币国际吸引力的首要任务，并建议通过扩大国债发行（包括置换地方政府债务），为全球投资者增加无风险人民币资产供给。Tian Xuan, president of Tsinghua University's National Institute of Financial Research, said that the next phase of China's capital market opening-up should focus on improving cross-border investment frameworks and expanding overseas institutions' access to onshore derivatives trading, such as futures on treasuries and stock indexes.清华大学国家金融研究院院长田轩则表示，中国资本市场下一阶段开放应重点完善跨境投资框架，并扩大境外机构参与在岸衍生品交易的范围，例如国债期货、股指期货等品种。prudent/ˈpruːdnt/adj.谨慎的；审慎的resilience/rɪˈzɪliəns/n.韧性；抗风险能力liberalization/ˌlɪbrəlaɪˈzeɪʃn/n.自由化

Dozens of Christians have been “disappeared” in China for refusing to let the Communist Party control their worship. The Real Story: When freedom of faith dies anywhere, it's at risk everywhere.   The Dr. Phil Podcast | Subscribe | Rate | Share: YouTube: https://www.youtube.com/@DrPhilPodcast Apple Podcasts: https://podcasts.apple.com/us/podcast/the-dr-phil-podcast/id1446088262 Spotify: https://open.spotify.com/show/45Ek7SE3SJCUAjq728lLqo?si=f5e54087046640da Website:   https://drphilpodcasts.com  

The 20th Central Committee of the Communist Party of China is convening its fourth plenary session to set the country's 15th Five-Year Plan, the national blueprint through to 2030. Although details are yet to be released, signals have been sent that fostering "new quality productive forces" will be the strategic focus. Ahead of the meeting, the Central Commission for Financial and Economic Affairs published 8 articles in China's leading newspaper, the People's Daily, with "technological innovation" being a keyword. Why such emphasis on technological innovation? And how will this impact China's economy and beyond?

Our show is a whopper today! You'll hear details that prove who the funders of "No Kings" are and the organization that is utilizing millions of dollars from the very billionaires that Democrats are saying are doing the "good" things to help the Democrat Party's bidding.Glenn Beck shares the details of those deep state organizations and individuals who funded the "No Kings" protests. One of the funders is the Communist Party!Elections are sneaking up on us. The U.S. Government has initiated a program that each state can access to discover who are registered to vote in each of the 50 states who are illegally doing so. The government shutdown keeps rolling on. We have the latest information about the possibility of stopping it and putting people back to work. The chance of that happening grows slimmer and slimmer by the day.

Why is copper-to-gold so ugly and thoroughly deflationary? What's happening right now inside China is one key part of it. After a small artificial rebound earlier this - where have we heard that before - Chinese bank lending has fallen even more sharply this summer adding yet another layer to the tremendous deceleration we keep seeing across China this summer. Retail sales fell yet again and investment is crashing. Eurodollar University's Money & Macro AnalysisIn a world where markets swing on every headline, focus matters. That's why Eurodollar University offers One Big Weekly Theme — a disciplined, thematic analysis you can count on. If you don't have the time to go all the way to the depth of Eurodollar University's comprehensive Deep Dive Analysis and want the next best thing, One Big Weekly Theme is for you. Ready to make your week count? Subscribe to One Big Weekly Theme today. You can sample the service or sign up and get started straight away. https//:eurodollaruniversity.substack.comCNN China expels two top generals from Communist Party in anti-corruption crackdownhttps://www.cnn.com/2025/10/17/china/china-communist-party-expels-military-leaders-intl-hnkBloomberg China's Lopsided Growth Puts Spotlight on Xi's Five-Year Planhttps://www.bloomberg.com/news/articles/2025-10-20/chinese-economic-slowdown-worsens-with-growth-weakest-in-a-yearhttps://eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

It's Tuesday, October 21st, A.D. 2025. This is The Worldview in 5 Minutes heard on 140 radio stations and at www.TheWorldview.com.  I'm Adam McManus. (Adam@TheWorldview.com) By Kevin Swanson                    Xi Jinping fired 9 Chinese military commanders China's communist system is in turmoil, as the defense ministry announces the removal of nine very senior military commanders from duty, including a number two general, He Weidong. Since 2023, the communist leader, Xi Jinping, has administered the removal of dozens of senior officers. These moves signal a factionalism from within the party and the Chinese military. Experts question whether Jinping will survive in his position. This week, the Central Committee of the Communist Party of China is holding its Fourth Plenary Session where leaders will work out a Five-Year Plan. The outcome of this meeting will reveal Jinping's standing in party politics. Keep in mind: God is in control. Haggai 2:22 says, “The word of the Lord came unto Haggai … I will overthrow the throne of kingdoms. … I will overthrow the chariots, and those that ride in them; and the horses and their riders shall come down, everyone by the sword of his brother.” Pakistani pastor survives murder plot A Pakistani pastor survived a murder attempt in Islamabad, the capital of Pakistan, on the morning of Sunday, September 21, reports Barnabas Aid. Pastor Kamran Naz had been traveling by bus, accompanied by his mother, from his home in Gujranwala to lead a church service in Islamabad when he was attacked by two unidentified gunmen. One bullet wounded the pastor in the right leg. A second bullet narrowly missed his head. The attackers then fled on a motorcycle as some church members who were present swiftly came to the pastor's aid and contacted emergency services. Pastor Kamran had previously notified the police of numerous death threats. He was warned to stop ministering at the church or face the consequences.  Pastor Imran Amanat, leader of the Christian advocacy group LEAD Ministries Pakistan, said, “We will not be intimidated or silenced. We demand that the authorities immediately ensure the protection of Christian leaders and hold the criminals accountable. If the government continues to ignore these threats, it becomes complicit in the persecution.” According to Open Doors, Pakistan is the eighth most dangerous country worldwide for Christians. Swedish parents lost custody over kids' required church attendance Certain European nations have now been recognized for their systemic violation of parental rights, especially if the parents happen to be Christian.  Alliance Defending Freedom International is working on a case in Sweden, where parents have lost custody of their children under charges of “religious extremism.” The parents had simply restricted the phone use of their teen children and required attendance at church meetings. After three years of attempts to regain custody, Daniel and Bianca Samson are appealing their case to the European Court of Human Rights. Recently, the High Court has already condemned countries like Spain, Portugal, Italy, Croatia, and Romania for systemic violations in family separation and child welfare cases. Iran threatens Israel Iran's Ayatollah Ali Khamenei took to social media (X) yesterday, effectively taunting the American government, threatening Israel, and asserting independence for the nation's nuclear program. He asked, “What authority do you, Americans, have to dictate what a country should or shouldn't do if it possesses nuclear industry? What position do you hold in the world? How is it any of America's business whether Iran has nuclear capabilities and nuclear industry or not? .. . The U.S. President boasts that they've bombed and destroyed Iran's nuclear industry. Very well, in your dreams!” Trump urges Putin and Zelenskyy to end the war President Donald Trump is urging Ukraine's leader, Volodymyr Zelenskyy to end the war on Russia's terms.  He warned Zelenskyy of Russian President Vladimir Putin's threat to “destroy” Ukraine it there is no agreement.  The Financial Times described the meeting as a “shouting match”, with Trump throwing maps in the room, and “cursing all the time.” Japan greenlights Morning After Pill Japan has just approved the abortifacient drug known as the over-the-counter “morning after” pill. Japan also approved the RU-486 abortion kill pill back in April 2023. Japan recorded 686,000 births in 2024. That's down from 762,000 in 2023, and down from 2,000,000 in 1975. Jeremiah 32:35 speaks of this child sacrifice.  “They built the high places of Baal in the Valley of the Son of Hinnom, to offer up their sons and daughters to Molech, though I did not command them, nor did it enter into my mind, that they should do this abomination.” Day 21 of U.S. government shutdown The U.S. government shutdown is rounding its 21st day. With 900,000 employees furloughed, the shutdown represents the most severe in American history.  Indeed, 7,850 flights were delayed due to air traffic control staffing shortages on Sunday.  According to TheHill.com, 13,000 air traffic controllers and 50,000 TSA agents are presently working without pay. Housing bubble has burst The housing bubble has burst in multiple cities across the United States. The median house values in Oakland, California and Austin, Texas have dropped by 24% since the peak in 2022. Significant declines have also been reported in New Orleans, San Francisco, Fort Myers, Florida, and Denver, Colorado, reports WolfStreet.com. Gold and silver hit new record highs Metals continued their journey upwards and onwards in Monday's market activity. Gold hit $4,350 per ounce and silver hit $52 and change per ounce, reports Reuters. Trump's Education Dept. funds conservative ideology at colleges The Trump Education Department is offering preferential funding for those universities willing to bend more conservative. Only Vanderbilt, the University of Arizona, and the University of Texas at Austin have embraced to the idea out of the nine universities approached with the proposal, reports Breitbart.  MIT, Brown University, the University of Pennsylvania, and the University of Southern California have all rejected the Trump administration's encouragement to abolish their departments opposed to conservative ideas.  Major jewel heist at Louvre in Paris, France And finally, a team of four thieves broke into the Louvre Museum in Paris over the weekend. They stole priceless jewels dating back to the 19th Century, reports Reuters. Among the stolen items were a tiara and brooch belonging to Empress Eugénie, wife of Napoleon III, an emerald necklace and a pair of emerald earrings from Empress Marie Louise, Napolean's second wife, and a tiara, a necklace, and single earring from the sapphire set that belonged to Queen Marie-Amelie and Queen Hortense. (Also a brooch known as the "reliquary brooch” was taken). Close And that's The Worldview on this Tuesday, October 21st, in the year of our Lord 2025. Follow us on X or subscribe for free by Spotify, Amazon Music, or by iTunes or email to our unique Christian newscast at www.TheWorldview.com.  I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ.

In 1954, one year after China initiated the inaugural Five-Year Plan (1953-57), a specialized factory for manufacturing bearings, core components of mechanical equipment, was set up in Luoyang, Henan province.1954年，即中国启动第一个五年计划（1953-1957年）后的一年，河南省洛阳市建成了一家专门生产轴承（机械设备核心零部件）的工厂。It was one of the 156 key projects launched nationwide during the period when the country was striving to build up the basic industries essential for national industrialization. These projects, spanning sectors such as steel, machinery, energy and chemical engineering, laid the foundation for China's industrialization in its early days, marking a determined stride from an agricultural society toward industrial prowess.该工厂是全国156个重点项目之一，这些项目在国家着力建设国民工业化必需的基础产业时期在全国范围内推进。这些项目涵盖钢铁、机械、能源、化工等多个领域，为中国早期工业化奠定了基础，标志着中国从农业社会向工业强国迈出了坚定步伐。Over 70 years later, Luoyang Bearing Group stands as a testament to this enduring vision, as it has evolved into an innovation-driven enterprise manufacturing over 30,000 types of high-precision bearings, vital to industries ranging from aerospace and wind power to rail transit and marine engineering.70多年后，洛阳轴承集团成为这一长远愿景的见证者——如今它已发展为一家创新驱动型企业，可生产超过3万种高精度轴承，对航空航天、风电、轨道交通、海洋工程等多个行业至关重要。During a visit to the company in May, President Xi Jinping, who is also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, reflected on this remarkable progress, saying: "China has always adhered to the path of developing the real economy. From the past reliance on imported matches, soap and iron, to now becoming the world's largest manufacturing country with the most complete industrial categories, we have taken the right path."5月，中国共产党中央委员会总书记、中国共产党中央军事委员会主席、中华人民共和国主席、中华人民共和国中央军事委员会主席习近平在考察该企业时，回顾了这一显著发展历程，他指出：“中国始终坚持发展实体经济。从过去依赖进口火柴、肥皂、铁钉，到如今成为工业门类最齐全的世界第一制造大国，我们走对了路。”Sticking to this path, China has remained the world's largest manufacturing country for 15 consecutive years. Observers noted that this transformative journey underscores the profound efficacy of the five-year plan system as a fundamental instrument of China's governance.坚持这一道路，中国已连续15年保持世界第一制造大国地位。观察人士指出，这一变革性历程凸显了五年规划体系作为中国治理基本工具的深远效能。Five-year plans are crucial strategic documents that outline national goals, major tasks and policy directions in various sectors for each five-year period.五年规划是重要的战略文件，为每一个五年期内各领域的国家目标、重大任务和政策方向作出规划。It is an approach that experts say maintains policy continuity and stability toward established goals, and ensures the efficient and well-calibrated allocation of resources.专家表示，这一模式能够保障针对既定目标的政策连续性与稳定性，并确保资源得到高效、精准的配置。Formulating and implementing five-year plans has been a hallmark of the Communist Party of China's governance, enabling China to promote coordinated economic and social development over the medium and long terms. For China, the consistent theme from the first Five-Year Plan to the 14th Five-Year Plan (2021-25), as President Xi pointed out, has been to build China into a modern socialist country.制定和实施五年规划是中国共产党治国理政的显著特征，助力中国推动中长期经济社会协调发展。习近平主席指出，从第一个五年计划到第十四个五年计划（2021-2025年），中国始终围绕建设社会主义现代化国家这一主题推进各项工作。For more than seven decades, a key to the enduring vitality of the five-year plan system lies in "a synergistic relationship in which the top-level design and long-term perspective of national planning effectively complement the microlevel efficiency and innovative drive of the market economy", said Yan Yilong, deputy dean of the Institute for Contemporary China Studies at Tsinghua University.清华大学当代中国研究中心副主任阎学通表示，70多年来，五年规划体系保持持久活力的关键在于“国家规划的顶层设计和长远视野，与市场经济的微观效率和创新动力形成了协同互补的关系”。"This system operates on three pillars: building consensus on national goals through political guidance and scientific planning, breaking down goals into actionable tasks with evaluation and supervision, and ensuring resource allocation to support these objectives," Yan said.他指出：“这一体系依托三大支柱运行：通过政治引领和科学规划凝聚国家目标共识、将目标分解为可执行任务并辅以评估监督、保障资源配置以支撑这些目标的实现。”The five-year plans are not merely economic plans but comprehensive national development blueprints, and the robust implementation of these blueprints is the highlight of China's governance, he added.他补充道，五年规划不仅是经济规划，更是全面的国家发展蓝图，而这些蓝图的有力实施是中国治理的突出亮点。Acknowledging the nature and significance of China's five-year plan system, The Diplomat, a Washington, DC-based foreign affairs magazine, noted that "the plans are neither rigid blueprints nor mere guidelines. Instead, they act as authoritative signals that shape the behavior of ministries, provincial governments, State-owned enterprises, private firms, and increasingly foreign investors".美国华盛顿特区的外交杂志《外交家》认可中国五年规划体系的性质与意义，指出“这些规划既非僵化的蓝图，也非单纯的指导方针，而是具有权威性的信号，能够影响各部委、省级政府、国有企业、民营企业，乃至越来越多的外国投资者的行为”。Over the decades, China's five-year plans have guided continuous progress in national development and living standards, from ensuring adequate food and clothing after completing the sixth and seventh five-year plans in the 1980s to propelling China's total economic output to become the world's second-largest in the 11th Five-Year Plan (2006-10) period.数十年来，中国的五年规划引领国家发展和人民生活水平不断提升：20世纪80年代完成第六、七个五年计划后，中国解决了温饱问题；在第十一个五年计划（2006-2010年）期间，中国经济总量跃居世界第二。"Five-year plans illustrate the nation's shift from a planned economy to a socialist market economy," said Zhang Zhanbin, director of the Chinese Modernization Research Center at the Party School of the CPC Central Committee.中共中央党校（国家行政学院）中国式现代化研究中心主任张占斌表示：“五年规划见证了中国从计划经济向社会主义市场经济的转变。”He highlighted the transformative power of these plans by citing the example of the revitalization of Northeast China, comprising Heilongjiang, Jilin and Liaoning provinces.他以中国东北地区（包括黑龙江、吉林、辽宁三省）的振兴为例，凸显了五年规划的变革力量。The region became the nation's heavy-industry heartland during the first Five-Year Plan period and was reinvigorated decades later by the 10th Five-Year Plan (2001-05), which proposed to support the adjustment and transformation of the old industrial base. Each subsequent five-year plan has included dedicated sections outlining tasks for Northeast China's revitalization.“一五”时期，东北地区成为国家重工业基地；数十年后，第十个五年计划（2001-2005年）提出支持老工业基地调整改造，为该地区注入了新活力。此后的每一个五年规划中，都设有专门章节明确东北地区振兴的任务。The 14th Five-Year Plan has initiated a more comprehensive revitalization phase for Northeast China, with a State Council-approved implementation plan outlining a clear road map for the region's future.第十四个五年计划开启了东北地区全面振兴的新阶段，国务院批复的实施方案为该地区未来发展绘制了清晰路线图。"The elevating of the strategic positioning of Northeast China in the recent five-year plans reflects the Party and the country's earnest expectations for its comprehensive revitalization in the new era," Zhang said.张占斌指出：“近年来的五年规划不断提升东北地区的战略定位，这体现了党和国家对新时代东北全面振兴的殷切期望。”关键阶段The year 2025 signifies the conclusion of the 14th Five-Year Plan and is pivotal in shaping the subsequent five-year agenda.2025年是第十四个五年规划的收官之年，对制定后续五年规划议程具有关键意义。The 15th Five-Year Plan (2026-30), the draft proposals of which are being discussed at the ongoing fourth plenary session of the 20th CPC Central Committee, is tasked with achieving "decisive progress" in basically realizing socialist modernization by 2035, said Yan.阎学通表示，正在召开的党的二十届四中全会正在讨论第十五个五年计划（2026-2030年）草案建议，该规划的任务是到2035年基本实现社会主义现代化并取得“决定性进展”。Speaking at a symposium with provincial leaders in Shanghai in April, Xi pointed out that the scientific formulation and consistent implementation of five-year plans represent an important experience of the Party in governing the country and a major political strength of socialism with Chinese characteristics.4月，习近平在上海与省级领导干部座谈时指出，科学制定和坚决实施五年规划，是党治国理政的重要经验，也是中国特色社会主义的重要政治优势。Xi, who previously led the drafting groups for both the 13th and 14th five-year plans, has consistently emphasized strategic foresight in guiding each phase of national development.习近平曾牵头第十三、十四个五年规划的编制工作，他始终强调以战略远见引领国家各阶段发展。During the 13th Five-Year Plan (2016-20) period, he underscored that this stage was decisive for building a moderately prosperous society in all respects and highlighted the importance of leveraging strategic opportunities. For the 14th Five-Year Plan, he outlined the historic mission of advancing toward the second centenary goal and called for a profound understanding of the new stage of development, including its characteristics and requirements.在第十三个五年计划（2016-2020年）时期，他强调该阶段是全面建成小康社会的决胜阶段，并着重指出把握战略机遇的重要性；针对第十四个五年规划，他明确了向第二个百年奋斗目标迈进的历史使命，要求深刻认识新发展阶段的内涵与要求。广泛共识Looking ahead to the 15th Five-Year Plan, Xi has highlighted that the formulation and implementation of this plan has immense significance for fully realizing the strategic initiatives outlined at the 20th CPC National Congress and advancing Chinese modernization.展望第十五个五年规划，习近平强调，制定和实施这一规划，对全面落实党的二十大部署的战略任务、推进中国式现代化具有重大意义。In an instruction in May, he emphasized the importance of integrating top-level design with seeking advice from the public, enhancing research and discussions, and building broad consensus, and stressed sound, democratic and law-based decision-making to ensure that the next five-year plan is formulated with high quality.5月，习近平在一份指示中强调，要坚持顶层设计和问计于民相结合，深入开展调研论证，凝聚广泛共识，坚持科学决策、民主决策、依法决策，确保高质量编制好下一个五年规划。A key feature of the planning process has been the emphasis on public participation. From May 20 to June 20, an online campaign soliciting opinions for the 15th Five-Year Plan received over 3.11 million suggestions from the public. Xi described this as a vivid example of whole-process people's democracy and urged relevant departments to carefully study and absorb these valuable insights.公众参与是五年规划编制过程的重要特点。5月20日至6月20日，面向第十五个五年规划的网上意见征集活动收到了超过311万条公众建议。习近平称这是全过程人民民主的生动实践，并要求相关部门认真研究吸收这些宝贵意见。By integrating visionary guidance with inclusive governance, China's "target governance mechanism", exemplified by the five-year plan system, continues to be a vital tool for aligning national ambitions with the aspirations of its people, said Yan, the Tsinghua expert.阎学通表示，通过将远见引领与包容性治理相结合，以五年规划体系为代表的中国“目标治理机制”，仍是统筹国家愿景与人民期盼的重要工具。As China navigates a complex landscape of technological acceleration, economic transformation and strategic competition, the next five-year plan represents a critical step toward securing sustainable and high-quality development, he added.他补充道，在当前技术加速迭代、经济转型升级、国际竞争加剧的复杂形势下，下一个五年规划将是中国实现可持续高质量发展的关键一步。20th CPC Central Committee membersn.中共二十届中央委员会委员/ˈtwentiəθ ˌsiː piː ˈsiː ˈsentrəl kəˈmɪti ˈmembəz/15th Five-Year Plan researchers/expertsn.“十五五”规划研究者/专家/ˌfɪfˈtiːnθ ˈfaɪv jɪə plæn rɪˈsɜːtʃəz/ /ˈekspɜːts/

4. Khrushchev, Putin's Perceptions, and the Soviet Golden Age in Ukraine The Soviet period saw Ukraine rise to crucial importance; leaders like Khrushchev and Brezhnev spent large parts of their careers in the Ukrainian Communist Party apparatus. In 1954, Khrushchev transferred Crimea from the Russian Federation to Ukraine for practical reasons, as Kyiv was better positioned to manage it than Moscow. During the 1960s, Ukraine became a critical industrial manufacturing center, producing coal, military ballistic missiles, and space-related equipment, reinforcing its centrality to the Soviet state. Vladimir Putin, born in 1953, formed his understanding of Ukraine during this relatively calm period. For his generation, it was implicit and taken for granted that Ukraine was merely an extension of Russia—a source of industry, grain, and the beloved vacation spot of Crimea, the "Soviet Florida." Russians became emotionally attached to Ukraine as "ours," making the idea of Ukrainian independence not even a question for debate in the Russian mindset. 1855 CRIMEA

From the BBC World Service: As members of China's ruling Communist Party gather to discuss the country's economic plans for the next five years, news that growth has slowed to a one-year low hangs over proceedings. Then, Bolivia's next president has said a priority will be tackling his country's economic crisis. And as Diwali — the Hindu festival of light — begins, we'll ask how consumers in India are dealing with the rising price of gold, which is central to gift-giving there.

From the BBC World Service: As members of China's ruling Communist Party gather to discuss the country's economic plans for the next five years, news that growth has slowed to a one-year low hangs over proceedings. Then, Bolivia's next president has said a priority will be tackling his country's economic crisis. And as Diwali — the Hindu festival of light — begins, we'll ask how consumers in India are dealing with the rising price of gold, which is central to gift-giving there.

Tara breaks down a chaotic weekend in America and beyond: the No Kings rallies sponsored by the Communist Party and Democratic Socialists expose a growing Marxist influence in the Democratic Party; UFO and drone scares are finally linked to a private military contractor; and South Carolina schedules a notorious murderer's execution before Halloween. Meanwhile, in the UK, free speech is under threat as authorities target American website 4chan and even Jewish symbols are deemed “offensive.” Tara connects the dots, revealing how political ideology, government overreach, and media distortions shape our world. From communist rallies to UFOs in the sky — Tara exposes the stories they don't want you to see.

In this hard-hitting episode of Corsi Nation, Dr. Jerome Corsi breaks down three major global stories that reveal the collapse of the globalist playbook — from Washington to Beijing:

The 20th Central Committee of the Communist Party of China has started its fourth plenary session in Beijing. General Secretary Xi Jinping of the CPC Central Committee delivered a work report.

Chinese President Xi Jinping and Communist Party elites are in Beijing for the Fourth Plenary, where the roadmap for the country's industrial development over the next five years will be set. We take a closer look. But first, the country's latest economic data paints a troubling picture. 

As the fourth plenary session of the 20th Communist Party of China Central Committee is held from Monday to Thursday, the spotlight will be on how China will use the key Party meeting to set the tone for its development priorities for the next five years amid persistent economic headwinds.中共二十届四中全会于周一至周四召开，在经济持续面临压力的背景下，外界聚焦中国将如何通过此次重要党内会议，为未来五年的发展重点定调。The fourth plenary session is expected to see the leadership reviewing the proposal of the CPC Central Committee for the 15th Five-Year Plan for National Economic and Social Development, which will lay the groundwork for the country's development from 2026 to 2030.此次四中全会预计将审议《中共中央关于制定国民经济和社会发展第十五个五年规划的建议》，该建议将为中国2026至2030年的发展奠定基础。Observers said that what makes this meeting significant is not the prospect of dramatic shifts, but rather the reaffirmation of a steady and pragmatic vision that has enabled China to weather global uncertainty and maintain momentum as the world's second-largest economy.观察人士表示，此次会议的重要性不在于可能出现重大转向，而在于重申稳健务实的发展理念——正是这一理念帮助中国抵御了全球不确定性，作为世界第二大经济体保持了发展势头。Xi Jinping, general secretary of the CPC Central Committee, has chartered the course for the 15th Five-Year Plan. He has chaired a number of high-level meetings attended by senior officials to discuss key priorities for the new plan, while State media outlets have launched a national campaign to gather public input and feedback.中共中央总书记习近平为“十五五”规划指明了方向。他主持召开多次高级别会议，与高层官员共同研讨新规划的重点任务；同时，中央媒体启动全国性活动，征集公众意见与反馈。During an inspection tour to Shanghai in April, Xi presided over a symposium on China's economic and social development in the 15th Five-Year Plan period.今年4月习近平在上海考察期间，主持召开了“十五五”时期中国经济社会发展座谈会。"We must unswervingly manage our own affairs well, and stay committed to expanding high-standard opening-up," Xi told the symposium, while stressing the need to adapt to the changing global landscape and grasp strategic priorities for China's development.习近平在座谈会上表示：“我们要坚定不移办好自己的事，坚定扩大高水平对外开放。”他同时强调，要主动适应全球格局变化，把握中国发展的战略重点。"Greater emphasis should be placed on ensuring both development and security, with a comprehensive assessment of domestic and external risks and challenges," he said.他指出：“要更加注重统筹发展和安全，全面研判国内国际风险挑战。”The 15th Five-Year Plan is considered a crucial step, as China is using a three-plan period—the 14th, 15th and 16th Five-Year Plans—to "basically realize socialist modernization" by 2035.“十五五”规划被视为关键一步，因为中国正计划通过“十四五”“十五五”“十六五”三个五年规划时期，在2035年“基本实现社会主义现代化”。Experts said that during the 15th Five-Year Plan period, China's development priorities are likely to be centered around enhancing its economic resilience, which will include diversifying trading partners, boosting domestic consumption and improving technology and innovation capabilities.专家表示，“十五五”时期中国的发展重点可能围绕提升经济韧性展开，具体措施包括拓展贸易伙伴多样性、扩大国内消费、提升科技创新能力。Cheng Xusen, a research fellow at Renmin University of China's National Academy of Development and Strategy, said that the development of new quality productive forces, a key driver for high-quality growth, is expected to be a priority in the 15th Five-Year Plan.中国人民大学国家发展与战略研究院研究员程秀森表示，作为高质量发展的关键驱动力，发展新质生产力有望成为“十五五”规划的重点任务。Key priorities include expanding domestic demand, boosting consumption's role in economic growth, creating high-quality jobs and increasing household incomes, Cheng said.程秀森指出，重点任务还包括扩大内需、强化消费对经济增长的拉动作用、创造高质量就业岗位、提高居民收入。In addition, China intends to deepen high-level opening-up by promoting trade facilitation and liberalization, strengthening international economic cooperation, and enhancing its position in global industrial and supply chains, he added.他补充道，此外中国还将通过推动贸易便利化与自由化、加强国际经济合作、提升在全球产业链供应链中的地位，深化高水平对外开放。Cao Heping, a professor at Peking University's School of Economics, said that technology innovation, as the main driving force of high-quality growth, is evolving from an engine that propels progress into a key force reshaping the nation's economic landscape.北京大学经济学院教授曹和平表示，科技创新作为高质量发展的主要驱动力，正从推动发展的引擎，转变为重塑中国经济格局的关键力量。During the 15th Five-Year Plan period, the innovation-driven development strategy is expected to further unleash its effectiveness on a broader scale, Cao said, and the deeper integration of new energy, new materials and intelligent manufacturing is expected to forge new technological strengths and drive the next phase of industrial transformation.曹和平称，“十五五”时期，创新驱动发展战略有望在更广泛领域进一步释放效能；新能源、新材料与智能制造的深度融合，预计将打造新的技术优势，推动下一阶段产业转型。At the April symposium, Xi highlighted the strategic importance of developing new quality productive forces tailored to local conditions during the 15th Five-Year Plan period, adding that China's development will be driven by technological innovation, with the real economy being the foundation.在4月的座谈会上，习近平强调了“十五五”时期因地制宜发展新质生产力的战略意义，并指出中国发展要以科技创新为动力，以实体经济为根基。He also highlighted the importance of improving the national innovation system through stimulating the vitality of various innovation entities and zeroing in on global scientific and technological frontiers.他还强调，要通过激发各类创新主体活力、聚焦全球科技前沿，完善国家创新体系。Matteo Giovannini, a finance professional at the Industrial and Commercial Bank of China and a nonresident associate fellow at the Beijing-based think tank Center for China and Globalization, said that over the past few years, China has consistently contributed around 30 percent of global economic growth, a figure unmatched by any other major economy.中国工商银行金融专业人士、北京智库全球化智库非resident副研究员马泰奥·乔瓦尼尼表示，过去几年中国对全球经济增长的贡献率始终保持在30%左右，这一比例远超其他主要经济体。"In 2024, the country's GDP grew by 5 percent year-on-year, reaffirming its role as a key stabilizer of the world economy. These achievements are not the outcome of short-term stimulus, but of structural progress guided by long-term vision," Giovannini said in an article published by the China Global Television Network.乔瓦尼尼在为中国国际电视台撰写的文章中表示：“2024年中国GDP同比增长5%，再次印证了其世界经济关键稳定器的作用。这些成就并非短期刺激政策的结果，而是长期规划引领下结构型发展的成果。”He said that as China prepares to embark on the next stage of modernization, the fourth plenary session offers an opportunity to consolidate these gains and chart the path forward.他指出，在中国准备迈入现代化建设新阶段之际，四中全会为巩固现有成果、规划未来道路提供了契机。"Ultimately, the fourth plenum embodies China's quiet confidence in its governance model. It demonstrates that reform, innovation and openness can coexist under a framework of stability and national purpose," Giovannini said. "The global environment may be fraught with sanctions, trade friction and political suspicion, but China's long-term orientation enables it to look beyond short-term turbulence."乔瓦尼尼表示：“归根结底，四中全会体现了中国对自身治理模式的从容自信。这表明在稳定与国家目标的框架下，改革、创新与开放可以并行不悖。尽管全球环境充满制裁、贸易摩擦与政治猜忌，但中国的长期导向使其能够超越短期动荡。”20th CPC Central Committee membersn.中共二十届中央委员会委员 /ˈtwentiəθ ˌsiː piː ˈsiː ˈsentrəl kəˈmɪti ˈmembəz/15th Five-Year Plan researchers/expertsn.“十五五”规划研究者/专家/ˌfɪfˈtiːnθ ˈfaɪv jɪə plæn rɪˈsɜːtʃəz/ /ˈekspɜːts/

As China's Communist Party conclave gets underway, we take a look at one of the biggest things affecting the country's economy; debt. 2024 saw an estimated 25 - 34 million people default on their personal loans while household debt has now reached more than 60% of GDP. With the government using subsidies and handouts to get people spending, can China's debt problem be solved?Presenter: Ed Butler / Producer: Matt Lines(Image: Diners in Shanghai, China during Golden Week, 2024. Credit: Getty Images)

On this episode, we discuss the party of a new type. What tactics do they use? How can you see it for yourself? How can you educate others as to what they are seeing? Also, we talk the build up in the Caribbean. What does this mean for the next step in possible kinetic actions in the region? We ask the questions.  Contact and Support - https://www.subscribestar.com/dynamic-independence 

General Secretary Xi Jinping of the Communist Party of China Central Committee has congratulated Cheng Li-wun on being elected chairperson of the Chinese Kuomintang party.

President Zelensky of Ukraine is in Washington ahead of crucial talks with Donald Trump. He's expected to press for long-range Tomahawk missiles to strike Russia. Also: China's ruling Communist Party expels nine senior military officials. New Yorkers are preparing to vote for a new mayor, as a Muslim candidate emerges as the clear frontrunner. The state funeral of a revered opposition leader in Kenya. Spotify develops its own AI music tools. And the EU's top court rules that pets can be classified as 'luggage' on flights.The Global News Podcast brings you the breaking news you need to hear, as it happens. Listen for the latest headlines and current affairs from around the world. Politics, economics, climate, business, technology, health – we cover it all with expert analysis and insight. Get the news that matters, delivered twice a day on weekdays and daily at weekends, plus special bonus episodes reacting to urgent breaking stories. Follow or subscribe now and never miss a moment. Get in touch: globalpodcast@bbc.co.uk

Patriots, crank the volume for a dynamic showdown on Joe Oltmann Untamed today Dive into the No Kings Protest frenzy, sponsored by the Communist Party and far-left crews like DSA and Freedom Socialist Party—Gavin Newsom's endorsement got roasted, and a young firebrand scorched Trump's "king" label in a viral clip. We'll unpack Senator Johnson's rally scoop, expose NAACP's race-based district push, and Justice Ketanji Brown Jackson's wild "disabled voters" claim, plus Sotomayor's smacked-down defense—get ready for unfiltered truths that light up the absurd!Ignite the conversation with our powerhouse guest E.M. Burlingame—a Green Beret, author, and cultural revolution fighter—who's storming in to torch the U.S. judicial system's rot! With his Special Forces grit and insights from the Cultural Revolution in America, E.M. will unpack cartels' grip on courts, foreign agitators manipulating outcomes, and how pathocracy breeds poverty and violence. We'll grill him on reintroducing empathy to justice, building a better system, and mobilizing the public without chaos—his Substack wisdom and X takes will arm you to fight back!Wrap with Fun Friday flair: liberals regretting their U.S. exit, Minneapolis mayor's "Baddies for Omar" cringe, Mexico deporting migrants south, and a black panelist claiming immunity from racism—plus Antifa's clown-nosed arrests and White House trolls! Honor Tina Peters in our Fax Blast fury—demand her release from political prison. This isn't just talk; it's your spark for action—tune in and let's fuel the revolution!

SHOW SCHEDULE 10-15--25 CBS EYE ON THE WORLD WITH JOHN BATCHELOR 1964 ATLANTIC CITYCONVENTION HALL THE SHOW BEGINS IN THE DOUBTS ABOUT CONGRESS.... 10-15--25 FIRST HOUR 9-915 HEADLINE: Obamacare Subsidies Trigger Government Shutdown Debate GUEST NAME: Michael Toth SUMMARY: Michael Toth explains that the current government shutdown debate centers on extending two expensive Biden-era Obamacare subsidies. These changes allow individuals earning over 400% of the federal poverty line to receive subsidies and provide 100% coverage for the near-poor. The original Obamacare cross-subsidy structure failed because young, healthy individuals found premiums too high. Toth advocates deregulation, such as allowing insurance companies to charge lower, risk-adjusted rates and enabling single business owners to use Professional Employer Organizations (PEOs) for cheaper coverage. 915-930 HEADLINE: Obamacare Subsidies Trigger Government Shutdown Debate GUEST NAME: Michael Toth SUMMARY: Michael Toth explains that the current government shutdown debate centers on extending two expensive Biden-era Obamacare subsidies. These changes allow individuals earning over 400% of the federal poverty line to receive subsidies and provide 100% coverage for the near-poor. The original Obamacare cross-subsidy structure failed because young, healthy individuals found premiums too high. Toth advocates deregulation, such as allowing insurance companies to charge lower, risk-adjusted rates and enabling single business owners to use Professional Employer Organizations (PEOs) for cheaper coverage. 930-945 HEADLINE: Hamas, Hostages, and Middle East Turmoil: Challenges to the Trump Ceasefire Plan GUEST NAME:Jonathan Schanzer SUMMARY: Jonathan Schanzer discusses complications in the Trump ceasefire plan, including Hamas delaying the return of deceased hostages to maintain leverage. The released prisoners, including potential Hamas leaders, raise concerns about where the organization's center of gravity will shift if they are deported to places like Turkey or Qatar. Schanzer views Turkey, an autocratic supporter of Hamas, as a problematic guarantor of the ceasefire. Internationally, Iran continues its nuclear program despite snapback sanctions, and al-Sharaa is meeting with Putin regarding Russian assets in Syria. 945-1000 HEADLINE: Hamas, Hostages, and Middle East Turmoil: Challenges to the Trump Ceasefire Plan GUEST NAME:Jonathan Schanzer SUMMARY: Jonathan Schanzer discusses complications in the Trump ceasefire plan, including Hamas delaying the return of deceased hostages to maintain leverage. The released prisoners, including potential Hamas leaders, raise concerns about where the organization's center of gravity will shift if they are deported to places like Turkey or Qatar. Schanzer views Turkey, an autocratic supporter of Hamas, as a problematic guarantor of the ceasefire. Internationally, Iran continues its nuclear program despite snapback sanctions, and al-Sharaa is meeting with Putin regarding Russian assets in Syria. SECOND HOUR 10-1015 HEADLINE: China's Predicament in the Middle East and Domestic Economic Instability GUEST NAME: General Blaine Holt SUMMARY: General Blaine Holt analyzes China's strategic challenges, noting Beijing is concerned about losing access to critical oil and gas resources as US leadership advances the Abraham Accords. China's previous regional deals, like the Saudi-Iran agreement, lacked substance compared to US business commitments. Holt suggests internal pressures might lead Iran toward the Accords. Domestically, China faces accelerating deflation and uncertainty regarding Xi Jinping's leadership due to four competing factions before the fourth plenum. 1015-1030 HEADLINE: South Korea's Descent into Authoritarianism and Persecution of Opposition GUEST NAME: Morse Tan SUMMARY: Morse Tan argues that South Korea is moving toward a "rising communist dictatorship" that oppresses political and religious figures. The indictment of the Unification Church leader and the targeting of the rightful President Yoon exemplify this trend. This persecution serves as an intimidation campaign, demonstrating the regime's disregard for the populace. Tan recommends the US implement active measures, including sanctions relating to a coup d'état and visa sanctions, while also pressing for greater military cooperation. 1030-1045 HEADLINE: Russian War Economy Stalls as Oil Prices Decline and Sanctions Bite GUEST NAME: Michael Bernstam SUMMARY: Michael Bernstam reports that the Russian economy is struggling as global oil prices decline and sanctions increase transportation costs, leading to a $13 to $14 per barrel discount on Russian oil. The "military Keynesianism" economy is exhausted, resulting in staff cuts across industrial sectors. Forecasts indicate contraction in late 2025 and 2026, with the IMF lowering its growth projection for 2025 to 0.6%. Russia is avoiding sanctions by routing payments through neighbors like Kyrgyzstan, who have become major financial hubs. 1045-1100 HEADLINE: Lessons from the Swiss National Bank: Risk-Taking, Exchange Rates, and Fiscal Responsibility GUEST NAME: John Cochrane SUMMARY: Economist John Cochrane analyzes the Swiss National Bank (SNB), noting it differs greatly from the US Federal Reserve by investing heavily in foreign stocks and bonds to manage the Swiss franc's exchange rate. The SNB's massive balance sheet carries risks accepted by Swiss taxpayers and the Cantons. Switzerland, being fiscally responsible (running no budget deficits), finds central banking easier. Cochrane advises that the US Fed should not be buying stocks or venturing into fiscal policy. THIRD HOUR 1100-1115 HEADLINE: China Retaliates Against Dutch Chipmaker Seizure Amid European Fragmentation GUEST NAME:Theresa Fallon SUMMARY: Theresa Fallon discusses China imposing export controls on Nexperia after the Dutch government seized control of the chipmaker, which was owned by China's Wingtech. The Dutch acted due to fears the Chinese owner would strip the technology and equipment, despite Nexperia producing low-quality chips for cars. Fallon notes Europe needs a better chip policy but struggles to speak with one voice, as fragmented policy allows China to drive wedges and weaken the EU. 1115-1130 HEADLINE: China's Economic Slowdown, Deflation, and the Spectre of Japanification GUEST NAME: Andrew Collier SUMMARY: Andrew Collier discusses China's economic woes, characterized by persistent deflation, with the CPI down 0.3% (6 out of 9 months in the red) and the PPI down for 36 straight months. This environment raises concerns about "Japanification"—a multi-decade slowdown after a property crash. Major structural changes to stimulate consumer consumption are unlikely at the upcoming Communist Party plenum, as the system favors state investment. The property market collapse means foreign investment is leaving, and Collier suggests the economy may not bottom until 2027 or 2028. 1130-1145 HEADLINE: SpaceX Starship Success, Private Space Dominance, and Government Inaction GUEST NAME: Bob Zimmerman SUMMARY: Bob Zimmerman describes SpaceX's Starship Super Heavy 11th test flight as "remarkable," highlighting successful booster reuse and controlled re-entry despite missing tiles. He asserts that private enterprise, like SpaceX, runs the "real American space program" aimed at Mars colonization, outpacing government efforts. In contrast, European projects like Callisto, proposed in 2015, demonstrate government "inaction." JPL is also laying off staff following the cancellation of the Mars sample return project, forcing organizations like Lowell Observatory to seek private funding. 1145-1200 HEADLINE: SpaceX Starship Success, Private Space Dominance, and Government Inaction GUEST NAME: Bob Zimmerman SUMMARY: Bob Zimmerman describes SpaceX's Starship Super Heavy 11th test flight as "remarkable," highlighting successful booster reuse and controlled re-entry despite missing tiles. He asserts that private enterprise, like SpaceX, runs the "real American space program" aimed at Mars colonization, outpacing government efforts. In contrast, European projects like Callisto, proposed in 2015, demonstrate government "inaction." JPL is also laying off staff following the cancellation of the Mars sample return project, forcing organizations like Lowell Observatory to seek private funding. FOURTH HOUR 12-1215 HEADLINE: Commodity Market Trends and UK's Lack of Risk Appetite for AI Innovation GUEST NAME: Simon Constable SUMMARY: Simon Constable notes that data center expansion for AI is increasing prices for copper (up 15%) and steel (up 14%). He points out that the UK lags significantly behind the US in building new AI data centers (170 vs. 5,000+) due to a lack of risk appetite, insufficient wealth, and poor marketing of new ideas. Separately, Constable discusses the collapse of a UK China spying trial because the prior government failed to officially classify China as a national security threat during the alleged offenses. 1215-1230 HEADLINE: Commodity Market Trends and UK's Lack of Risk Appetite for AI Innovation GUEST NAME: Simon Constable SUMMARY: Simon Constable notes that data center expansion for AI is increasing prices for copper (up 15%) and steel (up 14%). He points out that the UK lags significantly behind the US in building new AI data centers (170 vs. 5,000+) due to a lack of risk appetite, insufficient wealth, and poor marketing of new ideas. Separately, Constable discusses the collapse of a UK China spying trial because the prior government failed to officially classify China as a national security threat during the alleged offenses. 1230-1245 HEADLINE: AI Regulation Debate: Premature Laws vs. Emerging Norms GUEST NAME: Kevin Frazier SUMMARY: Kevin Frazier critiques the legislative rush to regulate AI, arguing that developing norms might be more effective than premature laws. He notes that bills like California's AB 1047, which demands factual accuracy, fundamentally misunderstand AI's generative nature. Imposing vague standards, as seen in New York's RAISE Act, risks chilling innovation and preventing widespread benefits, like affordable legal or therapy tools. Frazier emphasizes that AI policy should be grounded in empirical data rather than speculative fears. 1245-100 AM HEADLINE: AI Regulation Debate: Premature Laws vs. Emerging Norms GUEST NAME: Kevin Frazier SUMMARY: Kevin Frazier critiques the legislative rush to regulate AI, arguing that developing norms might be more effective than premature laws. He notes that bills like California's AB 1047, which demands factual accuracy, fundamentally misunderstand AI's generative nature. Imposing vague standards, as seen in New York's RAISE Act, risks chilling innovation and preventing widespread benefits, like affordable legal or therapy tools. Frazier emphasizes that AI policy should be grounded in empirical data rather than speculative fears.

HEADLINE: China's Economic Slowdown, Deflation, and the Spectre of Japanification GUEST NAME: Andrew Collier SUMMARY: Andrew Collier discusses China's economic woes, characterized by persistent deflation, with the CPI down 0.3% (6 out of 9 months in the red) and the PPI down for 36 straight months. This environment raises concerns about "Japanification"—a multi-decade slowdown after a property crash. Major structural changes to stimulate consumer consumption are unlikely at the upcoming Communist Party plenum, as the system favors state investment. The property market collapse means foreign investment is leaving, and Collier suggests the economy may not bottom until 2027 or 2028. 1890 PEKING

My guest today is Dan Wang. Dan is a technology analyst and author who spent six years living in China studying its manufacturing ecosystem and tech development, best known for his new book Breakneck. Dan offers the most nuanced framework I've encountered for understanding US-China competition.  We explore a critical asymmetry: it's far harder for the US to rebuild manufacturing capacity than for China to improve scientific research, with profound implications for AI, national security, and investment returns. For investors, Dan explains the "ByteDance problem"—why exceptional Chinese companies trade at massive discounts due to Communist Party unpredictability and geopolitical risks. He argues China is a "high agency" society that executes relentlessly while America deliberates endlessly, yet also reveals the societal cost. We discuss innovation, state capacity, and investing across both superpowers. Please enjoy my conversation with Dan Wang. For the full show notes, transcript, and links to mentioned content, check out the episode page ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠.⁠⁠⁠⁠⁠⁠⁠⁠ ----- This episode is brought to you by⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Ramp⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Ramp's mission is to help companies manage their spend in a way that reduces expenses and frees up time for teams to work on more valuable projects. Go to⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Ramp.com/invest⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to sign up for free and get a $250 welcome bonus. – This episode is brought to you by⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Ridgeline⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Ridgeline has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. Head to⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ridgelineapps.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to learn more about the platform. – This episode is brought to you by⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ AlphaSense⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. AlphaSense has completely transformed the research process with cutting-edge AI technology and a vast collection of top-tier, reliable business content. Invest Like the Best listeners can get a free trial now at⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Alpha-Sense.com/Invest⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and experience firsthand how AlphaSense and Tegus help you make smarter decisions faster. ----- Editing and post-production work for this episode was provided by The Podcast Consultant (⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://thepodcastconsultant.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠). Show Notes: (00:00:00) Welcome to Invest Like the Best (00:05:55) China's Engineering State and Social Engineering (00:12:15) US-China Competition: Innovation and Manufacturing (00:19:41) The Future of US and China: Technological and Economic Perspectives (00:25:22) Cultural and Work Ethic Comparisons (00:39:09) Investing in China: Opportunities and Risks (00:44:43) Future Equilibrium States Between US and China (00:48:32) China's High Agency and Infrastructure (00:49:58) Lawyerly Tendencies in US Society (00:53:41) Comparing US and Chinese Societal Structures (00:57:59) China's Historical Lessons and Future Prospects (01:10:39) AI and Technological Competition (01:15:30) Vertical Integration in Chinese Companies (01:26:39) The Kindest Thing

Editors Jimmy Lovaas and Owen Bonertz discuss the military coup in Madagascar, plus more on the ‘No Kings' protests in the U.S., elections in Bolivia and Ireland and a meeting of China's Communist Party.Subscribe to the show: Apple Podcasts, Spotify and many more. These stories and others are also available in our free weekly Forecast newsletter.This episode includes work from Factal editors Owen Bonertz, Alex Moore, Irene Villora, Hua Hsieh and David Wyllie. Produced and edited by Jimmy Lovaas. Music courtesy of Andrew Gospe. Have feedback, suggestions or events we've missed? Drop us a note: hello@factal.comWhat's Factal? Created by the founders of Breaking News, Factal alerts companies to global incidents that pose an immediate risk to their people or business operations. We provide trusted verification, precise incident mapping and a collaboration platform for corporate security, travel safety and emergency management teams. If you're a company interested in a trial, please email sales@factal.com. To learn more, visit Factal.com, browse the Factal blog or email us at hello@factal.com.Read the full episode description and transcript on Factal's blog.Copyright © 2025 Factal. All rights reserved.

Two years ago, Taiwan bartender Danny Hsu brought his 12 years of mixology experience from Taichung, a city in China's Taiwan region, and opened Stirred Bar in the Three Lanes and Seven Alleys, a historical architectural complex in downtown Fuzhou, the capital of Fujian province.两年前，中国台湾地区台中市的调酒师许丹尼（Danny Hsu）带着12年的调酒经验，在福建省会福州市中心的历史建筑群三坊七巷开设了“Stirred Bar”酒吧。Hsu enjoys experimentally incorporating fresh fruits, tea, coffee and even unexpected ingredients like vinegar and chili into his cocktails, conveying unique tastes and his understanding of life.许丹尼喜欢在调酒中尝试加入新鲜水果、茶、咖啡，甚至醋、辣椒等非常规原料，以此传递独特的口感和他对生活的理解。His latest creation is a cocktail symbolizing the fusion of cultures across the Taiwan Strait, blending full-bodied Kaoliang liquor, a specialty from Taiwan, with the gentle aroma of Fuzhou's jasmine tea.他最新创作的一款鸡尾酒象征着两岸文化融合，将台湾特产的醇厚高粱酒与福州茉莉花茶的淡雅香气相融合。"The fiery spirit meets the sweet jasmine flowers, just like the ongoing cross-Strait integration," he said.他表示：“浓烈的酒香邂逅清甜的茉莉，就像正在推进的两岸融合发展一样。”Oct 25 marks the 80th anniversary of Taiwan's retrocession. Since its return to the motherland in 1945, cross-Strait relations have experienced twists and turns, but integrated development has always been the main historical trend.10月25日是台湾光复80周年纪念日。自1945年回归祖国以来，两岸关系虽历经波折，但融合发展始终是历史主流。Fujian and Taiwan are connected by a single body of water, and share the same ancestry, culture and customs, with about 80 percent of Taiwan's population tracing its ancestry back to Fujian. Such closeness gives the coastal province an irreplaceable role in promoting peaceful cross-Strait development and reunification.福建与台湾隔海相望、同根同源、文化相通、习俗相近，约80%的台湾民众祖籍在福建。这种特殊的亲缘联系，让福建在推动两岸和平发展、促进祖国统一进程中具有不可替代的作用。Since the 18th National Congress of the Communist Party of China in 2012, President Xi Jinping, who is also general secretary of the CPC Central Committee and chairman of the Central Military Commission, has made three field trips to Fujian, consistently emphasizing cross-Strait integrated development.自2012年中国共产党第十八次全国代表大会以来，中共中央总书记、国家主席、中央军委主席习近平已三次赴福建考察，始终强调推动两岸融合发展。In his latest tour to the province last year, Xi reiterated the call for Fujian to make greater progress in exploring the new path for cross-Strait integrated development.在去年最新一次福建考察中，习近平总书记再次强调，要推动福建在探索两岸融合发展新路上迈出更大步伐。Statistics showed that Fujian has become a top choice for a growing number of Taiwan businesspeople and young entrepreneurs, thanks to innovative integration policies.数据显示，得益于创新性的融合发展政策，福建已成为越来越多台商和台湾青年创业者的首选地之一。From January to August, Fujian saw 1,653 new enterprises funded by Taiwan investment, with $660 million in utilized capital from Taiwan, the highest among all mainland provinces, according to data from the provincial Taiwan affairs authority.福建省台办数据显示，今年1月至8月，福建新增台资企业1653家，实际使用台资6.6亿美元，两项数据均居大陆各省份首位。In the first eight months of this year, passenger traffic between Fujian and Taiwan surged 36.4 percent to 1.73 million trips, compared with the same period last year, while cross-Strait events saw 28,000 Taiwan participants, a 40 percent increase, data showed.数据还显示，今年前8个月，闽台旅客往来量达173万人次，同比增长36.4%；两岸各类交流活动中，台湾参与人数达2.8万人次，同比增长40%。Chen Lishuang, a deputy researcher at the Fujian Academy of Social Sciences' Institute of Modern Taiwan Studies, said the province has achieved notable results in economic cooperation and social integration with Taiwan through pilot policies.福建省社会科学院现代台湾研究所副研究员陈丽霜（音译）表示，福建通过一系列试点政策，在两岸经济合作与社会融合方面取得了显著成效。While working in Fujian for about 17 years, from 1985 to 2002, Xi attached great importance to Taiwan-related work, tirelessly promoting cooperation and cultivating affection between people on both sides of the Strait, Chen said.陈丽霜指出，1985年至2002年，习近平总书记在福建工作的17年间，高度重视对台工作，不懈推动两岸合作，增进两岸同胞情谊。In 1997, a 102-day tour of Taiwan by a statue of the sea goddess Mazu saw millions pay their respects to the deity across the island, becoming the longest and most influential cross-Strait exchange at the time.1997年，海神妈祖雕像赴台巡游102天，全台数百万民众前往瞻仰，成为当时持续时间最长、影响最广的两岸交流活动。In 2001, limited direct transportation, trade and postal services began between Fujian's coast and the islands of Jinmen and Matsu, administered by Taiwan, and this was warmly received. An exchange agreement signed later that year, by representatives from the two sides, included the one-China principle for the first time, causing a stir.2001年，福建沿海与台湾地区管辖的金门、马祖地区开启局部直接通航、通贸、通邮，受到两岸民众热烈欢迎。同年晚些时候，两岸代表签署的一项交流协议首次纳入一个中国原则，引发广泛关注。"Xi made many statements regarding work related to Taiwan from the historical perspective of achieving the peaceful reunification of the motherland, along with a series of forward-looking and strategic explorations and practices while working in Fujian," Chen said.陈丽霜表示：“在福建工作期间，习近平总书记从实现祖国和平统一的历史高度，就对台工作作出许多重要论述，并开展了一系列具有前瞻性、战略性的探索与实践。”The innovative concepts and practical advancements in Taiwan-related work proposed by Xi during his tenure in Fujian constitute an important source of his later significant discourse on Taiwan affairs, she said.她指出，习近平总书记在福建工作期间提出的对台工作创新理念和实践成果，是其后来关于台湾问题重要论述的重要思想源头。In his speech on the 40th anniversary of the issuance of the Message to Compatriots in Taiwan by the Standing Committee of the National People's Congress, China's top legislature, in January 2019, Xi emphasized the need to deepen integrated development between the two sides to lay a foundation for peaceful reunification.2019年1月，在全国人大常委会《告台湾同胞书》发表40周年纪念会上，习近平总书记强调，要深化两岸融合发展，为实现和平统一奠定坚实基础。"Just as loved ones wish each other well, we Chinese should help each other. We treat our compatriots in Taiwan as equals, and will continue paving the way for them to share first the mainland's development opportunities," Xi said.习近平总书记表示：“亲人之间，没有解不开的心结。两岸同胞是一家人，有困难就要互相帮助。我们始终把台湾同胞当作一家人，愿意继续率先同台湾同胞分享大陆发展机遇。”He called for enhanced connectivity in trade, infrastructure, energy and industry standards, suggesting initial projects such as supplying water, electricity and gas, and constructing sea-crossing bridges from Fujian to Jinmen and Matsu.总书记呼吁，要加强两岸贸易、基础设施、能源、产业标准等领域互联互通，提出从福建向金门、马祖供水供电供气，建设跨海大桥等先期项目。In 2023, the CPC Central Committee and the State Council, China's Cabinet, announced plans to make Fujian a "demonstration zone" for the integrated development across the Strait, offering policies like infrastructure connectivity and incentives for Taiwan residents to create their careers.2023年，中共中央、国务院印发方案，决定支持福建建设海峡两岸融合发展示范区，推出基础设施互联互通、鼓励台湾同胞来闽就业创业等一系列政策举措。"Fujian's supportive policies for Taiwan compatriots have given me a real sense of belonging," said Lin Chun-ying, who operates a tea mountain company in suburban Fuzhou and exports high-mountain oolong tea to countries including the United Kingdom, Germany and Japan.在福州郊区经营茶山企业、向英国、德国、日本等国出口高山乌龙茶的林春英（音译）表示：“福建对台湾同胞的扶持政策，让我真正有了归属感。”"My father often told me when I was a child that we are Chinese, because he was born on the mainland before my grandfather took him to Taiwan," Lin said. "My father said his mission was to bring us back to our motherland."林春英说：“小时候父亲常跟我说，我们是中国人。因为父亲出生在大陆，后来爷爷才带他去了台湾。父亲说，他的心愿就是带我们回到祖国母亲的怀抱。”Back in the 1990s, Lin and her father arrived in the provincial capital to clear a barren mountain to plant tea.上世纪90年代，林春英便和父亲来到福州，开垦荒山种植茶树。"Growing up, making and learning about tea in Fuzhou, I fell in love with Fuzhou's mountains," Lin said. She has now taken over management of the company from her father.“在福州长大，学着种茶、制茶，我早已爱上了这里的山山水水，”林春英说。如今，她已从父亲手中接过公司管理的重任。Wu Yongping, director at the Institute for Taiwan Studies at Tsinghua University, said that Taiwan lacks the economic hinterland for further development, given its limited population and small local market, but the mainland could offer it a much broader space for growth.清华大学台湾研究院院长巫永平表示，台湾人口有限、本地市场规模较小，缺乏进一步发展的经济腹地，而大陆能为其提供更广阔的发展空间。After the launch of reform and opening-up, Taiwan businesses that entered the mainland have contributed to the economy and have been beneficiaries as well, Wu said, adding that economic ties are a fundamental link of cross-Strait relations, so it's important to keep the link strong.巫永平指出，改革开放以来，进入大陆的台商不仅为大陆经济发展作出了贡献，自身也成为受益者。他强调，经济联系是两岸关系的重要基础，必须牢牢巩固这一纽带。Fujian's "demonstration zone" aims to ease the settlement of Taiwan compatriots on the mainland by leading efforts to overcome constraints on specific matters like obtaining phone cards, bank cards and residence permits, he said.他表示，福建建设“海峡两岸融合发展示范区”，旨在率先破解台湾同胞在大陆申领电话卡、银行卡、居住证等具体生活便利化问题，让台湾同胞在大陆生活更便捷。As a veteran Taiwan businesswoman developing on the mainland for decades, Lin has also become a facilitator for cross-Strait youth exchanges, sharing her experiences on employment and entrepreneurship in Fuzhou with young people from Taiwan.作为在大陆发展数十年的资深台商，林春英还成为两岸青年交流的桥梁，经常向台湾青年分享自己在福州就业创业的经验。She met her husband, who is from Harbin, Heilongjiang province, in Shanghai in 2018. They now have two children and live in Fuzhou.2018年，林春英在上海结识了来自黑龙江哈尔滨的丈夫，如今两人已育有两个孩子，在福州定居生活。Taiwan compatriots in Fujiann.在福建的台湾同胞 /ˌtaɪˈwɑːn kəmˈpeɪtriəts ɪn ˈfuːdʒiːn/Taiwan businesspeople (investing in Fujian)n.（在福建投资的）台商/ˌtaɪˈwɑːn ˈbɪznɪsˌpiːpl (ɪnˈvestɪŋ ɪn ˈfuːdʒiːn)/

PREVIEW China's Economic Slowdown, Deflation, and the Spectre of Japanification. Guest: Andrew Collier. Andrew Collier discusses China's economic woes, characterized by persistent deflation, with the CPI down 0.3% (6 out of 9 months in the red) and the PPI down for 36 straight months. This environment raises concerns about "Japanification"—a multi-decade slowdown after a property crash. Major structural changes to stimulate consumer consumption are unlikely at the upcoming Communist Party plenum, as the system favors state investment. The property market collapse means foreign investment is leaving, and Collier suggests the economy may not bottom until 2027 or 2028. 1950 PEKING

Governing the people and keeping society “harmonious”, stable and united is seen by the CCP leadership as a core task. The party is now systematically inserting itself into all layers and spheres of society. Johannes Heller-John talks to MERICS Experts Katja Drinhausen, Head of the Politics and Society Program, and Nis Grünberg, Lead Analyst. Together with Alexander Davey they are the authors of the report “Serving the people by controlling them: How the party is reinserting itself into daily life”. From their observations, the CCP is merging public service and control at the very local level. In their view “this is something that Xi Jinping really has put a lot of effort and resources into it since he came to power: to put the party as an organizing and structuring factor into social organization.”----This podcast is part of the project “Dealing with a Resurgent China” (DWARC) which has received funding from the European Union's Horizon Europe research and innovation programme under grant agreement number 101061700.Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union. Neither the European Union nor the granting authority can be held responsible for them.

This episode was released patreon's only in 2021.  Mario Tronti and Antonio Negri stand as towering figures in the forgotten history of Italian radical Marxism. Their theoretical frameworks - operaismo and autonomia - emerged from the unique contradictions of post-war Italy: a strong Communist Party trapped in parliamentary politics while workers sought more direct forms of resistance.What made these movements revolutionary wasn't just their militancy but their methodological breakthrough. Rather than lecturing workers about theory, intellectuals like Raniero Panzieri entered factories to listen and learn through "co-research." From this engagement came Tronti's profound insight: contrary to orthodox Marxism, workers' struggles drive capitalist development, not vice versa. Capital constantly recomposes itself in response to labor's resistance - a perspective that brilliantly anticipated neoliberalism's fragmentation of the working class decades before it became obvious to others.The movements diverged when Tronti returned to parliamentary politics while Negri pursued increasingly militant autonomia, arguing that capitalism had shifted from development to pure control, requiring immediate resistance rather than long-term organization. This split reflected broader tensions within radical movements worldwide: reform versus revolution, patience versus urgency, institutions versus direct action. Their theoretical extensions were equally significant - connecting factory struggles to unwaged domestic labor and laying groundwork for social reproduction theory.Whether you're interested in Italian political history, Marxist theory, or the roots of contemporary social movements, this discussion illuminates how these forgotten radical thinkers anticipated our present predicaments with uncanny accuracy. Their legacy reminds us that revolutionary theory emerges not from abstract philosophizing but from genuine engagement with workers' lived experiences.Send us a text Musis by Bitterlake, Used with Permission, all rights to BitterlakeSupport the showCrew:Host: C. Derick VarnIntro and Outro Music by Bitter Lake.Intro Video Design: Jason MylesArt Design: Corn and C. Derick VarnLinks and Social Media:twitter: @varnvlogblue sky: @varnvlog.bsky.socialYou can find the additional streams on YoutubeCurrent Patreon at the Sponsor Tier: Jordan Sheldon, Mark J. Matthews, Lindsay Kimbrough, RedWolf, DRV, Kenneth McKee, JY Chan, Matthew Monahan, Parzival, Adriel Mixon, Buddy Roark, Daniel Petrovic

Since Xi Jinping's accession to power in 2012, nearly every aspect of China's relations with Africa has grown dramatically. Beijing has increased the share of resources it devotes to African countries, expanding military cooperation, technological investment, and educational and cultural programs as well as extending its political influence. China's Relations with Africa: A New Era of Strategic Engagement (Columbia University Press, 2023) examines the full scope of contemporary political and security relations between China and Africa. David H. Shinn and Joshua Eisenman not only explain the specific tactics and methods that Beijing uses to build its strategic relations with African political and military elites but also contextualize and interpret them within China's larger geostrategy. They argue that the priorities of Chinese leaders―including the conflation of threats to the Communist Party with threats to the country, a growing emphasis on relations in the Global South, and a focus on countering U.S. hegemony―have combined to elevate Africa's importance among policy makers in Beijing. Ranging from diplomacy and propaganda to arms sales and space cooperation, from increasingly frequent People's Liberation Army Navy port calls in Africa to the rising number of African students studying in China, this book marshals extensive and compelling qualitative and quantitative evidence of the deepening ties between China and Africa. Drawing on two decades of systematic data and hundreds of surveys and in-person interviews, Shinn and Eisenman shed new light on the state of China-Africa relations today and consider what the future may hold. Byline Nomeh Anthony Kanayo, Ph.D. Candidate in International Relations at Florida International University, with research interest in Africa's diaspora relations, African-China relations, Great power rivalry and IR theories. Check out my new article https://doi.org/10.1016/j.sciaf.2025.e02699 Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

Since Xi Jinping's accession to power in 2012, nearly every aspect of China's relations with Africa has grown dramatically. Beijing has increased the share of resources it devotes to African countries, expanding military cooperation, technological investment, and educational and cultural programs as well as extending its political influence. China's Relations with Africa: A New Era of Strategic Engagement (Columbia University Press, 2023) examines the full scope of contemporary political and security relations between China and Africa. David H. Shinn and Joshua Eisenman not only explain the specific tactics and methods that Beijing uses to build its strategic relations with African political and military elites but also contextualize and interpret them within China's larger geostrategy. They argue that the priorities of Chinese leaders―including the conflation of threats to the Communist Party with threats to the country, a growing emphasis on relations in the Global South, and a focus on countering U.S. hegemony―have combined to elevate Africa's importance among policy makers in Beijing. Ranging from diplomacy and propaganda to arms sales and space cooperation, from increasingly frequent People's Liberation Army Navy port calls in Africa to the rising number of African students studying in China, this book marshals extensive and compelling qualitative and quantitative evidence of the deepening ties between China and Africa. Drawing on two decades of systematic data and hundreds of surveys and in-person interviews, Shinn and Eisenman shed new light on the state of China-Africa relations today and consider what the future may hold. Byline Nomeh Anthony Kanayo, Ph.D. Candidate in International Relations at Florida International University, with research interest in Africa's diaspora relations, African-China relations, Great power rivalry and IR theories. Check out my new article https://doi.org/10.1016/j.sciaf.2025.e02699 Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/political-science

My fellow pro-growth/progress/abundance Up Wingers,For most of history, stagnation — not growth — was the rule. To explain why prosperity so often stalls, economist Carl Benedikt Frey offers a sweeping tour through a millennium of innovation and upheaval, showing how societies either harness — or are undone by — waves of technological change. His message is sobering: an AI revolution is no guarantee of a new age of progress.Today on Faster, Please! — The Podcast, I talk with Frey about why societies midjudge their trajectory and what it takes to reignite lasting growth.Frey is a professor of AI and Work at the Oxford Internet Institute and a fellow of Mansfield College, University of Oxford. He is the director of the Future of Work Programme and Oxford Martin Citi Fellow at the Oxford Martin School.He is the author of several books, including the brand new one, How Progress Ends: Technology, Innovation, and the Fate of Nations.In This Episode* The end of progress? (1:28)* A history of Chinese innovation (8:26)* Global competitive intensity (11:41)* Competitive problems in the US (15:50)* Lagging European progress (22:19)* AI & labor (25:46)Below is a lightly edited transcript of our conversation. The end of progress? (1:28). . . once you exploit a technology, the processes that aid that run into diminishing returns, you have a lot of incumbents, you have some vested interests around established technologies, and you need something new to revive growth.Pethokoukis: Since 2020, we've seen the emergence of generative AI, mRNA vaccines, reusable rockets that have returned America to space, we're seeing this ongoing nuclear renaissance including advanced technologies, maybe even fusion, geothermal, the expansion of solar — there seems to be a lot cooking. Is worrying about the end of progress a bit too preemptive?Frey: Well in a way, it's always a bit too preemptive to worry about the future: You don't know what's going to come. But let me put it this way: If you had told me back in 1995 — and if I was a little bit older then — that computers and the internet would lead to a decade streak of productivity growth and then peter out, I would probably have thought you nuts because it's hard to think about anything that is more consequential. Computers have essentially given people the world's store of knowledge basically in their pockets. The internet has enabled us to connect inventors and scientists around the world. There are few tools that aided the research process more. There should hardly be any technology that has done more to boost scientific discovery, and yet we don't see it.We don't see it in the aggregate productivity statistics, so that petered out after a decade. Research productivity is in decline. Measures of breakthrough innovation is in decline. So it's always good to be optimistic, I guess, and I agree with you that, when you say AI and when you read about many of the things that are happening now, it's very, very exciting, but I remain somewhat skeptical that we are actually going to see that leading to a huge revival of economic growth.I would just be surprised if we don't see any upsurge at all, to be clear, but we do have global productivity stagnation right now. It's not just Europe, it's not just Britain. The US is not doing too well either over the past two decades or so. China's productivity is probably in the negative territory or stagnant, by more optimistic measures, and so we're having a growth problem.If tech progress were inevitable, why have predictions from the '90s, and certainly earlier decades like the '50s and '60s, about transformative breakthroughs and really fast economic growth by now, consistently failed to materialize? How does your thesis account for why those visions of rapid growth and progress have fallen short?I'm not sure if my thesis explains why those expectations didn't materialize, but I'm hopeful that I do provide some framework for thinking about why we've often seen historically rapid growth spurts followed by stagnation and even decline. The story I'm telling is not rocket science, exactly. It's basically built on the simple intuitions that once you exploit a technology, the processes that aid that run into diminishing returns, you have a lot of incumbents, you have some vested interests around established technologies, and you need something new to revive growth.So for example, the Soviet Union actually did reasonably well in terms of economic growth. A lot of it, or most of it, was centered on heavy industry, I should say. So people didn't necessarily see the benefits in their pockets, but the economy grew rapidly for about four decades or so, then growth petered out, and eventually it collapsed. So for exploiting mass-production technologies, the Soviet system worked reasonably well. Soviet bureaucrats could hold factory managers accountable by benchmarking performance across factories.But that became much harder when something new was needed because when something is new, what's the benchmark? How do you benchmark against that? And more broadly, when something is new, you need to explore, and you need to explore often different technological trajectories. So in the Soviet system, if you were an aircraft engineer and you wanted to develop your prototype, you could go to the red arm and ask for funding. If they turned you down, you maybe had two or three other options. If they turned you down, your idea would die with you.Conversely, in the US back in '99, Bessemer Venture declined to invest in Google, which seemed like a bad idea with the benefit of hindsight, but it also illustrates that Google was no safe bet at the time. Yahoo and Alta Vista we're dominating search. You need somebody to invest in order to know if something is going to catch on, and in a more decentralized system, you can have more people taking different bets and you can explore more technological trajectories. That is one of the reasons why the US ended up leading the computer revolutions to which Soviet contributions were basically none.Going back to your question, why didn't those dreams materialize? I think we've made it harder to explore. Part of the reason is protective regulation. Part of the reason is lobbying by incumbents. Part of the reason is, I think, a revolving door between institutions like the US patent office and incumbents where we see in the data that examiners tend to grant large firms some patents that are of low quality and then get lucrative jobs at those places. That's creating barriers to entry. That's not good for new startups and inventors entering the marketplace. I think that is one of the reasons that we haven't seen some of those dreams materialize.A history of Chinese innovation (8:26)So while Chinese bureaucracy enabled scale, Chinese bureaucracy did not really permit much in terms of decentralized exploration, which European fragmentation aided . . .I wonder if your analysis of pre-industrial China, if there's any lessons you can draw about modern China as far as the way in which bad governance can undermine innovation and progress?Pre-industrial China has a long history. China was the technology leader during the Song and Tang dynasties. It had a meritocratic civil service. It was building infrastructure on scales that were unimaginable in Europe at the time, and yet it didn't have an industrial revolution. So while Chinese bureaucracy enabled scale, Chinese bureaucracy did not really permit much in terms of decentralized exploration, which European fragmentation aided, and because there was lots of social status attached to becoming a bureaucrat and passing the civil service examination, if Galileo was born in China, he would probably become a bureaucrat rather than a scientist, and I think that's part of the reason too.But China mostly did well when the state was strong rather than weak. A strong state was underpinned by intensive political competition, and once China had unified and there were fewer peer competitors, you see that the center begins to fade. They struggle to tax local elites in order to keep the peace. People begin to erect monopolies in their local markets and collide with guilds to protect production and their crafts from competition.So during the Qing dynasty, China begins to decline, whereas we see the opposite happening in Europe. European fragmentation aids exploration and innovation, but it doesn't necessarily aid scaling, and so that is something that Europe needs to come to terms with at a later stage when the industrial revolution starts to take off. And even before that, market integration played an important role in terms of undermining the guilds in Europe, and so part of the reason why the guilds persist longer in China is the distance is so much longer between cities and so the guilds are less exposed to competition. In the end, Europe ends up overtaking China, in large part because vested interests are undercut by governments, but also because of investments in things that spur market integration.Global competitive intensity (11:41)Back in the 2000s, people predicted that China would become more like the United States, now it looks like the United States is becoming more like China.This is a great McKinsey kind of way of looking at the world: The notion that what drives innovation is sort of maximum competitive intensity. You were talking about the competitive intensity in both Europe and in China when it was not so centralized. You were talking about the competitive intensity of a fragmented Europe.Do you think that the current level of competitive intensity between the United States and China —and I really wish I could add Europe in there. Plenty of white papers, I know, have been written about Europe's competitive state and its in innovativeness, and I hope those white papers are helpful and someone reads them, but it seems to be that the real competition is between United States and China.Do you not think that that competitive intensity will sort of keep those countries progressing despite any of the barriers that might pop up and that you've already mentioned a little bit? Isn't that a more powerful tailwind than any of the headwinds that you've mentioned?It could be, I think, if people learn the right lessons from history, at least that's a key argument of the book. Right now, what I'm seeing is the United States moving more towards protectionist with protective tariffs. Right now, what I see is a move towards, we could even say crony capitalism with tariff exemptions that some larger firms that are better-connected to the president are able to navigate, but certainly not challengers. You're seeing the United States embracing things like golden shares in Intel, and perhaps even extending that to a range of companies. Back in the 2000s, people predicted that China would become more like the United States, now it looks like the United States is becoming more like China.And China today is having similar problems and on, I would argue, an even greater scale. Growth used to be the key objective in China, and so for local governments, provincial governments competing on such targets, it was fairly easy to benchmark and measure and hold provincial governors accountable, and they would be promoted inside the Communist Party based on meeting growth targets. Now, we have prioritized common prosperity, more national security-oriented concerns.And so in China, most progress has been driven by private firms and foreign-invested firms. State-owned enterprise has generally been a drag on innovation and productivity. What you're seeing, though, as China is shifting more towards political objectives, it's harder to mobilize private enterprise, where the yard sticks are market share and profitability, for political goals. That means that China is increasingly relying more again on state-owned enterprises, which, again, have been a drag on innovation.So, in principle, I agree with you that historically you did see Russian defeat to Napoleon leading to this Stein-Hardenberg Reforms, and the abolishment of Gilded restrictions, and a more competitive marketplace for both goods and ideas. You saw that Russian losses in the Crimean War led to the of abolition of serfdom, and so there are many times in history where defeat, in particular, led to striking reforms, but right now, the competition itself doesn't seem to lead to the kinds of reforms I would've hoped to see in response.Competitive problems in the US (15:50)I think what antitrust does is, at the very least, it provides a tool that means that businesses are thinking twice before engaging in anti-competitive behavior.I certainly wrote enough pieces and talked to enough people over the past decade who have been worried about competition in the United States, and the story went something like this: that you had these big tech companies — Google, and Meta, Facebook and Microsoft — that these were companies were what they would call “forever companies,” that they had such dominance in their core businesses, and they were throwing off so much cash that these were unbeatable companies, and this was going to be bad for America. People who made that argument just could not imagine how any other companies could threaten their dominance. And yet, at the time, I pointed out that it seemed to me that these companies were constantly in fear that they were one technological advance from being in trouble.And then lo and behold, that's exactly what happened. And while in AI, certainly, Google's super important, and Meta Facebook are super important, so are OpenAI, and so is Anthropic, and there are other companies.So the point here, after my little soliloquy, is can we overstate these problems, at least in the United States, when it seems like it is still possible to create a new technology that breaks the apparent stranglehold of these incumbents? Google search does not look quite as solid a business as it did in 2022.Can we overstate the competitive problems of the United States, or is what you're saying more forward-looking, that perhaps we overstated the competitive problems in the past, but now, due to these tariffs, and executives having to travel to the White House and give the president gifts, that that creates a stage for the kind of competitive problems that we should really worry about?I'm very happy to support the notion that technological changes can lead to unpredictable outcomes that incumbents may struggle to predict and respond to. Even if they predict it, they struggle to act upon it because doing so often undermines the existing business model.So if you take Google, where the transformer was actually conceived, the seven people behind it, I think, have since left the company. One of the reasons that they probably didn't launch anything like ChatGPT was probably for the fear of cannibalizing search. So I think the most important mechanisms for dislodging incumbents are dramatic shifts in technology.None of the legacy media companies ended up leading social media. None of the legacy retailers ended up leading e-commerce. None of the automobile leaders are leading in EVs. None of the bicycle companies, which all went into automobile, so many of them, ended up leading. So there is a pattern there.At the same time, I think you do have to worry that there are anti-competitive practices going on that makes it harder, and that are costly. The revolving door between the USPTO and companies is one example of that. We also have a reasonable amount of evidence on killer acquisitions whereby firms buy up a competitor just to shut it down. Those things are happening. I think you need to have tools that allow you to combat that, and I think more broadly, the United States has a long history of fairly vigorous antitrust policy. I think it'd be a hard pressed to suggest that that has been a tremendous drag on American business or American dynamism. So if you don't think, for example, that American antitrust policy has contributed to innovation and dynamism, at the very least, you can't really say either that it's been a huge drag on it.In Japan, for example, in its postwar history, antitrust was extremely lax. In the United States, it was very vigorous, and it was very vigorous throughout the computer revolution as well, which it wasn't at all in Japan. If you take the lawsuit against IBM, for example, you can debate this. To what extent did it force it to unbundle hardware and software, and would Microsoft been the company it is today without that? I think AT&T, it's both the breakup and it's deregulation, as well, but I think by basically all accounts, that was a good idea, particularly at the time when the National Science Foundation released ARPANET into the world.I think what antitrust does is, at the very least, it provides a tool that means that businesses are thinking twice before engaging in anti-competitive behavior. There's always a risk of antitrust being heavily politicized, and that's always been a bad idea, but at the same time, I think having tools on the books that allows you to check monopolies and steer their investments more towards the innovation rather than anti-competitive practices, I think is, broadly speaking, a good thing. I think in the European Union, you often hear that competition policy is a drag on productivity. I think it's the least of Europe's problem.Lagging European progress (22:19)If you take the postwar period, at least Europe catches up in most key industries, and actually lead in some of them. . . but doesn't do the same in digital. The question in my mind is: Why is that?Let's talk about Europe as we sort of finish up. We don't have to write How Progress Ends, it seems like progress has ended, so maybe we want to think about how progress restarts, and is the problem in Europe, is it institutions or is it the revealed preference of Europeans, that they're getting what they want? That they don't value progress and dynamism, that it is a cultural preference that is manifested in institutions? And if that's the case — you can tell me if that's not the case, I kind of feel like it might be the case — how do you restart progress in Europe since it seems to have already ended?The most puzzling thing to me is not that Europe is less dynamic than the United States — that's not very puzzling at all — but that it hasn't even managed to catch up in digital. If you take the postwar period, at least Europe catches up in most key industries, and actually lead in some of them. So in a way, take automobiles, electrical machinery, chemicals, pharmaceuticals, nobody would say that Europe is behind in those industries, or at least not for long. Europe has very robust catchup growth in the post-war period, but doesn't do the same in digital. The question in my mind is: Why is that?I think part of the reason is that the returns to innovation, the returns to scaling in Europe are relatively muted by a fragmented market in services, in particular. The IMF estimates that if you take all trade barriers on services inside the European Union and you add them up, it's something like 110 percent tariffs. Trump Liberation Day tariffs, essentially, imposed within European Union. That means that European firms in digital and in services don't have a harmonized market to scale into, the way the United States and China has. I think that's by far the biggest reason.On top of that, there are well-intentioned regulations like the GDPR that, by any account, has been a drag on innovation, and particularly been harmful for startups, whereas larger firms that find it easier to manage compliance costs have essentially managed to offset those costs by capturing a larger share of the market. I think the AI Act is going in the same direction there, ad so you have more hurdles, you have greater costs of innovating because of those regulatory barriers. And then the return to innovation is more capped by having a smaller, fragmented market.I don't think that culture or European lust for leisure rather than work is the key reason. I think there's some of that, but if you look at the most dynamic places in Europe, it tends to be the Scandinavian countries and, being from Sweden myself, I can tell you that most people you will encounter there are not workaholics.AI & labor (25:46)I think AI at the moment has a real resilience problem. It's very good that things where there's a lot of precedent, it doesn't do very well where precedence is thin.As I finish up, let me ask you: Like a lot of economists who think about technology, you've thought about how AI will affect jobs — given what we've seen in the past few years, would it be your guess that, if we were to look at the labor force participation rates of the United States and other rich countries 10 years from now, that we will look at those employment numbers and think, “Wow, we can really see the impact of AI on those numbers”? Will it be extraordinarily evident, or would it be not as much?Unless there's very significant progress in AI, I don't think so. I think AI at the moment has a real resilience problem. It's very good that things where there's a lot of precedent, it doesn't do very well where precedence is thin. So in most activities where the world is changing, and the world is changing every day, you can't really rely on AI to reliably do work for you.An example of that, most people know of AlphaGo beating the world champion back in 2016. Few people will know that, back in 2023, human amateurs, using standard laptops, exposing the best Go programs to new positions that they would not have encountered in training, actually beat the best Go programs quite easily. So even in a domain where basically the problem is solved, where we already achieved super-human intelligence, you cannot really know how well these tools perform when circumstances change, and I think that that's really a problem. So unless we solve that, I don't think it's going to have an impact that will mean that labor force participation is going to be significantly lower 10 years from now.That said, I do think it's going to have a very significant impact on white collar work, and people's income and sense of status. I think of generative AI, in particular, as a tool that reduces barriers to entry in professional services. I often compare it to what happened with Uber and taxi services. With the arrival of GPS technology, knowing the name of every street in New York City was no longer a particularly valuable skill, and then with a platform matching supply and demand, anybody could essentially get into their car who has a driver's license and top up their incomes on the side. As a result of that, incumbent drivers faced more competition, they took a pay cut of around 10 percent.Obviously, a key difference with professional services is that they're traded. So I think it's very likely that, as generative AI reduces the productivity differential between people in, let's say the US and the Philippines in financial modeling, in paralegal work, in accounting, in a host of professional services, more of those activities will shift abroad, and I think many knowledge workers that had envisioned prosperous careers may feel a sense of loss of status and income as a consequence, and I do think that's quite significant.On sale everywhere The Conservative Futurist: How To Create the Sci-Fi World We Were PromisedFaster, Please! is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit fasterplease.substack.com/subscribe

Since Xi Jinping's accession to power in 2012, nearly every aspect of China's relations with Africa has grown dramatically. Beijing has increased the share of resources it devotes to African countries, expanding military cooperation, technological investment, and educational and cultural programs as well as extending its political influence. China's Relations with Africa: A New Era of Strategic Engagement (Columbia University Press, 2023) examines the full scope of contemporary political and security relations between China and Africa. David H. Shinn and Joshua Eisenman not only explain the specific tactics and methods that Beijing uses to build its strategic relations with African political and military elites but also contextualize and interpret them within China's larger geostrategy. They argue that the priorities of Chinese leaders―including the conflation of threats to the Communist Party with threats to the country, a growing emphasis on relations in the Global South, and a focus on countering U.S. hegemony―have combined to elevate Africa's importance among policy makers in Beijing. Ranging from diplomacy and propaganda to arms sales and space cooperation, from increasingly frequent People's Liberation Army Navy port calls in Africa to the rising number of African students studying in China, this book marshals extensive and compelling qualitative and quantitative evidence of the deepening ties between China and Africa. Drawing on two decades of systematic data and hundreds of surveys and in-person interviews, Shinn and Eisenman shed new light on the state of China-Africa relations today and consider what the future may hold. Byline Nomeh Anthony Kanayo, Ph.D. Candidate in International Relations at Florida International University, with research interest in Africa's diaspora relations, African-China relations, Great power rivalry and IR theories. Check out my new article https://doi.org/10.1016/j.sciaf.2025.e02699 Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/african-studies

Since Xi Jinping's accession to power in 2012, nearly every aspect of China's relations with Africa has grown dramatically. Beijing has increased the share of resources it devotes to African countries, expanding military cooperation, technological investment, and educational and cultural programs as well as extending its political influence. China's Relations with Africa: A New Era of Strategic Engagement (Columbia University Press, 2023) examines the full scope of contemporary political and security relations between China and Africa. David H. Shinn and Joshua Eisenman not only explain the specific tactics and methods that Beijing uses to build its strategic relations with African political and military elites but also contextualize and interpret them within China's larger geostrategy. They argue that the priorities of Chinese leaders―including the conflation of threats to the Communist Party with threats to the country, a growing emphasis on relations in the Global South, and a focus on countering U.S. hegemony―have combined to elevate Africa's importance among policy makers in Beijing. Ranging from diplomacy and propaganda to arms sales and space cooperation, from increasingly frequent People's Liberation Army Navy port calls in Africa to the rising number of African students studying in China, this book marshals extensive and compelling qualitative and quantitative evidence of the deepening ties between China and Africa. Drawing on two decades of systematic data and hundreds of surveys and in-person interviews, Shinn and Eisenman shed new light on the state of China-Africa relations today and consider what the future may hold. Byline Nomeh Anthony Kanayo, Ph.D. Candidate in International Relations at Florida International University, with research interest in Africa's diaspora relations, African-China relations, Great power rivalry and IR theories. Check out my new article https://doi.org/10.1016/j.sciaf.2025.e02699 Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/chinese-studies

https://savageminds.substack.com/p/joti-brar-0bf Joti Brar, chair of the Communist Party of Great Britain (Marxist–Leninist CPGB-ML), discusses the compassionless media coverage of the genocide in Gaza and the obfuscation of the horrors of the siege in Gaza.

Episode #408: “There is no way to tell the story of Myanmar and where it's headed if you are leaving out the Wa,” says Patrick Winn, a veteran Southeast Asia reporter and author of Narcotopia. His book traces the wild story how Wa State, a mountainous enclave on the Chinese border, became defined by narcotics, and how it has become one of the key powers in the country today. A pivotal figure is Saw Lu, born in the mid-1940s, raised among Baptist missionaries, and convinced that literacy and Christianity could unify and “civilize” the Wa. Recruited by Burmese intelligence in his twenties, he was sent to Pang Wai, one of the largest Wa strongholds, as a teacher. Winning villagers' trust, he then stumbled on a small CIA weapons cache. Through charisma and tactical skill, he transformed himself into a militia leader. Meanwhile, Kuomintang exiles who had fled China's civil war turned to opium trafficking, industrializing heroin production along the Thai-Burma border. The CIA and Taiwanese intelligence viewed these warlords as useful anti-communist allies, even as their heroin flowed into South Vietnam and fueled American soldiers' addictions. Saw Lu tolerated the opium trade, which he despised, to keep Wa villages united against Maoist influence. At one point, the U.S. even used him as a DEA asset, code-named “Superstar.” In the late 1960s, the Communist Party of Burma controlled much of Wa territory for twenty years, during which time Saw Lu faded into obscurity. But a mutiny of Wa soldiers eventually kicked out the Maoists and birthed the United Wa State Army (UWSA). With Chinese backing and drug profits as their main source of income, the UWSA grew into Myanmar's most powerful non-state military. Saw Lu returned to the scene, and for a while his anti-drug zeal offered a different path to Wa leaders. He wanted to get significant U.S. investment in Wa State in exchange for helping it destroy the drug trade. In the end, however, the CIA undermined Saw Lu's plans, and he was disgraced. Today, Wa State is a “narcostate,” effectively an unrecognized country, a state within a state, stable within its own borders yet destabilizing to Myanmar's unity. “If you think it's just some dark, out of the way place that doesn't matter, please update your thinking on this,” Winn warns.

In this episode, Joti Brar, chair of the Communist Party of Great Britain (Marxist–Leninist CPGB-ML), discusses the compassionless media coverage of the genocide in Gaza and the obfuscation of the horrors of the siege in Gaza, much less the fact that contrary to legacy media, the violence has gone on for far longer than two years. Similarly, workers of the world recognise the pervasiveness of similar propaganda within their own trade unions which are often complicit with the bourgeois propaganda of the ruling elite. As a result, workers today, Brar relates, feel powerless in the absence of strong leadership within their unions. Stressing the need for workers to start making demands of their unions and governments, Brar runs through a list of demands upon which we must all insist, from the breaking of links with the pseudo-leftist parties such as the Labour Party in the UK or the Democratic Party in the US, to refusing to allow the state to oversee the running and organisation of unions, and the building up of strike funds. Brar also notes how workers are increasingly disenfranchised and angry as governments promote culture wars and tribalism (eg. climate change, immigration, and gender ideology) in order to pivot workers against each other, while media and politicians collude with each other, promoting one side as wrong, the other as right, leading populations to bypass reason and to identify with the ruling class. Brar also chronicles the root problems of mass migration, a phenomenon primarily caused by wars and the follow-up looting process promoted by Western nations, all while the imperialist class benefits from paying the bare minimum in immigrant wages while driving a wedge between members of the domestic working class and the immigrant working class, creating an anti-migrant fear. Covering the positive influence of her father, Harpal Brar, on her political education, Brar historicises mid-twentieth century Marxist organisation within Britain in which both her father and mother participated. Get full access to Savage Minds at savageminds.substack.com/subscribe

This week's episode of Long Reads is the second in a two-part interview. In our last episode, we spoke to Catarina Príncipe about the politics of Portugal since 2015. Today we're going to cover developments from 2022 onward. One of the main themes in that period has been the rise of the far right. In 2022, the parties of the radical left, the Communist Party and the Left Bloc, lost ground and were no longer part of the governing majority. In this year's general election, the right-wing Chega Party became the second-largest force in the Portuguese parliament. Chega's breakthrough came at the expense of the Portuguese Socialist Party, which now had the third-largest group of MPs. For the Socialists, it represented a dramatic fall in the space of three years. Catarina Príncipe is a contributing editor for Jacobin and she co-edited the book Europe in Revolt. She's also a member of the Left Bloc. Listen to the first part of the interview here: https://apple.co/4mmUUec Read Catarina's article “How Portugal's Right Won the Election” here: https://jacobin.com/2024/03/portugal-right-wing-chega-election Long Reads is a Jacobin podcast looking in-depth at political topics and thinkers, both contemporary and historical, with the magazine's longform writers. Hosted by features editor Daniel Finn. Produced by Conor Gillies with music by Knxwledge.