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The successful transformation of China's economy into a global powerhouse is not only owed to the market reforms that began in 1978. The state and its bureaucracy have contributed significantly to this success, believes Zhang Jun, Dean of Economics at Shanghai Fudan University.
Von Experts Table.Briefings
China's President Xi Jinping wants to take advantage of the strained relationship between Saudi Arabia and the United States and is launching a charm offensive on the sheiks. But things will not be entirely straightforward for Xi. China also maintains ties with Iran, the Saudis' arch-enemy.
Von Michael Radunski
