…The truth is China punditry is always looking through a dark, distorted and murky glass. Here are two headlines from two good newspapers with excellent China staffs on the same day:
I joined a ChinaFile conversation on China’s Economy. The whole back-and-forth can be viewed here. My contribution: When things hit their extreme, they can only move to the opposite direction—物极必反 (wù jí bì fǎn)– is an idiom that seems to sum up perfectly punditry about China. Where once Beijing seemingly could do no wrong and..