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EAI senior research fellow Lance Gore explains why the sudden reversal of globalisation, constant turbulence due to global developments and the fragmentation of international relations are some very real coordinates of China’s "new era". In response, apt and concrete policies along the socialism axis can be devised to meet the challenges.

Taking an overview of global megatrends, including rising inflation, changes to business valuation and the race for technological supremacy, Indonesian business magnate Ang Tjoen Ming (Tahir) sieves out opportunities for Indonesia, and ways forward that could see it becoming one of the world’s seven largest economies in the next ten years.

JD.com founder Richard Liu has been in the news lately following an announcement that the company is set to improve social benefits for rank-and-file employees, while cutting salaries for senior management. While it seems to kill many birds with one stone, is this a long term solution for private firms?

US academic Wu Guo looks at the recent online furore over the mushrooming of state-run communal canteens in China and offers his views from the US. While providing food for the needy should be part of the state's responsibility, there should also be space for civil society, private enterprises and the public to play a role to create kind and healthy communities.

Comic artist Bai Yi's artwork gives a glimpse into a dystopian world where individual lives are considered insignificant before the all-powerful and all-important state machine, and where herculean efforts are needed to uphold the dignity of human lives.

Former journalist Jessie Tan muses over the phenomenon of those in need transitioning from begging on the streets to selling goods on Douyin. While the poor or disabled have been given a more dignified and effective source of income, this is just one aspect of the good that comes with social media and technology.

The Chinese Communist Party has yet to resolve in theory and in practice two great issues: the ever widening rich-poor divide and the question of capitalists’ place in a socialist market economy. This is why the slogan "common prosperity" caused widespread panic across the private sector when it was first put forth. How will the authorities prove that “the rich will never be robbed in order to help the poor”?

The Covid-19 pandemic has badly hit the Chinese economy, with ordinary folk bearing the brunt of the impact. Migrant workers and rural farmers have had to pivot to other fields to make ends meet, and even then the outlook is still grim. Can the authorities safeguard its efforts in poverty alleviation and rural revitalisation? Zaobao journalists Miao Zong-Han and Zeng Shi look into the issue.

While China’s market-based socialism with Chinese characteristics has lifted many out of poverty, creating the Chinese miracle, the ills of abiding by the “laws of the market” should be tackled and reined in. In the ever-evolving model of new socialism, a mechanism needs to be established that can raise and maintain a good standard of living in the absence of economic growth. This is so that people can transcend the pursuit of the material and live their lives with meaning and purpose.