The Asian economic turmoil of the last eight months struck many international observers as a sudden calamity–trouble that seemed to drop from the sky like an alien invader. But in fact, the signs of structural weakness and the cracks in the veneer of financial robustness were in plain view for those in a position to…
Those looking to take the measure of China’s attitude toward Hong Kong’s outspoken press may not need to wait for macroeconomic changes. Beijing has already expressed its distaste for Hong Kong’s independent journalism in the case of media magnate Jimmy Lai. The flamboyant millionaire has built a media empire in a very short time by…