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Search resuls for: "Minxin Pei"


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Prisoners living under these towers never know whether the guards are looking at them, but they have to assume that they are being watched. This setup, Foucault explained, is a powerful metaphor for modern civilization: Our lives are circumscribed by a fear that invisible authorities have us in their sights. Two new books about state surveillance in the 21st century, one focused on China and the other on the United States, make it clear that Foucault was right. In China, as Minxin Pei explains in “The Sentinel State,” a centralized Communist government uses new tech to extend a centuries-old system of bureaucracy that rewards intelligence gleaned from informants and spies. And in the United States, Byron Tau’s “Means of Control” documents how a federal democracy formed shady alliances with private companies to collect data on its citizens.
Persons: Byron Tau, Minxin Pei, Michel Foucault, , Jeremy Bentham, Foucault, Byron Tau’s “ Organizations: Alliance of Tech, American Surveillance, Byron Tau THE, “ The Sentinel State, Communist Locations: China, French, United States,
Everything was getting bigger — its cultural influence, geopolitical ambition, population — and seemed poised to continue until the world was remade in China's image. But now China's economy is withering, and the future Beijing imagined is being cut down to size along with it. What Beijing does — or fails to do — to fight this malaise will determine the course of humanity for decades to come. China's deflation worries started in earnest in the summer. Years of overbuilding — by about double the population, according to some estimates — and slowing population growth caused prices to collapse .
Persons: Minxin Pei, there's, Charlene Chu, Autonomous Research Charlene Chu, Chu, Wei Yao, Générale, I'm, Ben Bernanke, Bernanke, Xi Jinping, Xie Huanchi, Société Générale's Yao, Yao, It's, , aren't, Logan Wright, Wright, Xi doesn't, Jinping, it's, Xi, Claremont's Pei, magnanimity Organizations: Claremont McKenna College, Autonomous Research, Federal Reserve, Getty Images Japan, Chinese Communist Party, Xi, CCP Locations: China, Beijing, dauphin, Xinhua, Japan, Xi's China, East Asia, Taiwan, Europe
APG's pension fund clients are more worried about investing in China, the Financial Times reported. That's as geopolitical risk has grown, with China increasingly at odds with the West. "There is a very real geopolitical risk that has been added to the proposition." There is a very real geopolitical risk that has been added to the proposition," he said. The hesitation felt by pension funds towards Chinese assets comes as foreign investors overall have begun moving out of the country at a faster rate.
Persons: , Thijs Knaap, Knapp, we've, Micron's microchips, Minxin Pei Organizations: Financial Times, Service, APG Asset Management, APG Locations: China, Beijing, Shanghai, Singapore, Europe, That's, Taiwan, Russia
Phil Rosen here in New York. The White House and House Speaker Kevin McCarthy reached an agreement in principle on the debt ceiling. The deal will allow government borrowing to rise and avoid a default ahead of a June 5 deadline. Negotiators are now racing to finalize the bill's text ahead of a vote which is expected to take place on Wednesday. Curated by Phil Rosen in New York.
Over what has been a stunning week, China has erupted in mass protests calling for an end to the country's restrictive COVID lockdowns. Easing the COVID lockdowns could spur a potentially devastating public health crisis. Accepting Western vaccines or rolling back zero COVID would be a tacit admission that he is fallible. There's lots of money to be made in China, and its economy would almost certainly improve if zero COVID restrictions were loosened. Under Xi, China was already shuttering its doors long before the pandemic struck.
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