Katsuji Nakazawa is a Tokyo-based senior staff writer and editorial writer at Nikkei. He spent seven years in China as a correspondent and later as China bureau chief. He was the 2014 recipient of the Vaughn-Ueda International Journalist prize.

Chinese President Xi Jinping is signaling compromise to a rival political faction as well as to the business world. (Source photos by AP and AFP/Jiji)
As economy slumps, Chinese leaders ask if recipe is right