Category Archives: The Myth of Chinese Economic Wonder

Observations and reflections on Chinese politics, economics, and society from the perspective of an ordinary Chinese citizen.

Dollars Slay the Dragon VI — DEI: A Mirror of Justice


Continued from the last post: Dr. Z continued his comments on DEI: “Beginning at the Nixon Shock, the Western DEI strategy has been going through a long fast development. More firmly believing in free market than others, Western ruling elites … Continue reading

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Dollars Slay the Dragon V — The Magic of US Debts


Continued from the last post: Dr. Z continued to explain the key role of the US monetary system in its DEI strategy: “In the Western DEI strategy, Federal Reserve’s monetary policies played a key role. They worked as a handle … Continue reading

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Dollars Slay the Dragon IV — DEI: A New Type Of Cold War


Continued from the last post: After Dr. Z asked me to think about whose crisis this financial crisis really is, I responded: “After listening to your analysis about this financial crisis, I feel as if you are implying this crisis … Continue reading

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Dollars Slay the Dragon III — Whose Crisis Is This?


In the Christmas of 2008, an old friend, Dr. Z, called me as usual. We got to know each other in China in the late 1990s when he was still a mathematician in training. Later on, he moved to US … Continue reading

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Dollars Slay the Dragon II — the Broken Dream on Olympus


Related Old Post I still remember one special afternoon in 1992. At that time, I was a high school student living on campus. Since most students in our high school didn’t live on campus and it was a weekend afternoon, … Continue reading

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Dollars Slay the Dragon I — the Beginning of the End


First of all, I have to make an apology to all the readers who are willing to follow my blog here, for I have failed to publish any new post in more than three months. I had hoped to do … Continue reading

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Chinese Business Environment: A Lawless Wild Wonderland


Related Old Post The Chinese legal system provides little protection on Intellectual Property to common Chinese people although laws are all written on paper. But if you are a powerful business man and have a strong enough support inside the … Continue reading

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