Nobel Winner Liu, Quiet Critic, Terrifies Beijing: Commentary

Two steps forward, one back. That’s the pattern with modern China, and today looks like a “one back” moment.

First Chinese leaders pursue a beggar-my-neighbor currency policy. Next they denounce as “obscene” the Norwegian Nobel Committee’s award of the Peace Prize to Liu Xiaobo, a literary critic and former professor locked up for 11 years for saying what he thinks.