Yasheng Huang

Will Beijing’s Political Turmoil Burst China’s Economic Bubble?
March 22, 2012

In China, a perennial T.V. favorite is the “rear palace” costume drama, depicting the conspiratorial high politics of bygone dynasties. An analogous kind of half-concealed theatre seems to be taking place today, not behind the sequestered walls of the imperial palace, but in the Chinese Communist Party’s headquarters at Zhongnanhai.