Stephen Roach wonders whether China's political system is at odds with the values underpinning affluent societies ...

Xiao Gongqin thought that, in moments of flux, a strongman could build a bridge to democracy. Now he’s not so sure.

Stocks jumped and China’s government bonds rallied following the Politburo meeting ... cutting interest rates and injecting 1 trillion yuan ($140 billion) into the financial system, among other steps.