Aussie shows decoupling with communist China is ok; Xi Jinping’s power consolidated at party meeting
Beijing has promised to go carbon neutral by 2060. But many are questioning whether the reality of its energy production will allow it to live up to that vow. A Chinese giant narrowly escapes, again. Debt-trapped real estate developer Evergrande managed to dodge default with a last-minute bond payment. But the move hasn’t eased concern. A third term and five more years in power—that’s what could await China’s communist leader Xi Jinping. He’s just taken one step closer to that goal, with the approval of a new resolution. How expensive is decoupling with China, really? Australia’s economic growth says “no,” while Europe is trying to learn from its example. American basketball star Enes Kanter is under pressure. The NBA has asked him to remove his shoes, which call to “Free Tibet.”
Beijing has promised to go carbon neutral by 2060. But many are questioning whether the reality of its energy production will allow it to live up to that vow. A Chinese giant narrowly escapes, again. Debt-trapped real estate developer Evergrande managed to dodge default with a last-minute bond payment. But the move hasn’t eased concern. A third term and five more years in power—that’s what could await China’s communist leader Xi Jinping. He’s just taken one step closer to that goal, with the approval of a new resolution. How expensive is decoupling with China, really? Australia’s economic growth says “no,” while Europe is trying to learn from its example. American basketball star Enes Kanter is under pressure. The NBA has asked him to remove his shoes, which call to “Free Tibet.”
