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Xiao-jie is 21. A senior in college, she is one of six million people who traveled overseas during China’s Golden Week holiday (Oct. 1-7). Japan was her destination. The trip cost about 10,000 yuan (about $1,500), which her parents paid for. As the only child in the family, Xiao-jie gets pretty much everything she wants. […] The U.K. believes its future is bound to China, but the U.S. views China as a potential threat. Experts discuss the implications of China’s rise. […] China will probably speed up island-building, citing the U.S. provocation as the reason. […] Xi Jinping offered billions of dollars investments to the Middle East as he pushes forward the New Silk Roads. […] The underlying growth drivers are still there, whether it’s middle-class spending or infrastructure, the opportunities are there. […] Retail sales in China increased 11% in 2015. Services account for half the economy and consumption contributes 60% of growth. […] China’s top leaders are sending conflicting messages as how to best handle the economy. […] If successful, the New Silk Road program will be triple wins for China. […] In 2016, China’s efforts to project its economic and military clout around the world set to accelerate. If China challenges U.S. global dominance, it will be in a subtle and less confrontational way. […] With all the talk about China’s economy slowing down, the Chinese middle class is still holding up as a major driving force. […] |