Are the Chinese Communist Party’s (very public) differences reconcilable? On Thursday, a top official at the People’s Bank of China published an article saying that the Finance Ministry has not done enough to improve the Chinese economy. On Friday, Beijing’s biggest mouthpiece, the People’s Daily, published an op-ed touting the success of Chinese President Xi Jinping’s sweeping deleveraging campaign – a critical reform for China, but one that some believe will be too painful to pursue once the trade war takes its toll. Most interesting, the People’s Daily published another piece taking aim at critics at home who argue that Beijing’s increasing assertiveness on several fronts – from the South China Sea to the economic realm – is at least partly to blame for the growing international backlash against China.
The threshold for what counts as political unrest in China can seem unreasonably low. In just about any other country, an uptick in public sniping would be ex