China must stop its university students from being “brainwashed by western theories”, according to a group of Chinese scholars who have urged Beijing to reinstate more Marxism in economics courses. – Financial Times
For years any trip to Beijing for US economic policymakers has come with currency concerns heading the agenda. But as the Obama administration’s economic team prepares for its final “Strategic and Economic Dialogue” with Chinese counterparts next week, there are signs the renminbi has been usurped by overcapacity. – Financial Times