Many articles on today’s China economy are still in the section “history: in the transition to capitalism”. They will progressively be put in this one.
In late summer a sudden surge in the number of couples seeking a divorce was reported in Shanghai. This was not due to a high number of relationships suddenly falling apart. Instead, rumours were being circulated that the municipal government would soon introduce new tougher restrictions for (...)
In Xi Jinping’s China the habitual political framework has not withstood any substantial modifications. The party has kept its usual centralized posture, which makes it the backbone of de facto power. The recent attempts to invest state-level and provincial agencies with greater managerial (...)
China completes world’s largest radio telescope – raising hopes of finding new worlds and alien life.
Boasting half a kilometre in diameter, it is the largest telescope dish in the world to date. The 500-metre Aperture Spherical Radio Telescope (FAST), which has been under construction in the (...)
The Chinese state’s intervention after the stock market crash was immensely political — as was the collapse itself.
The sheer enormity of the destruction was staggering. In less than a month, from mid-June to early July, the Shanghai Composite Index plunged by 30%, wiping out more than $3 (...)
It’s weird to worry about China when it’s still growing more than 7 percent a year, but it’s a little less so when you consider how mammoth its credit bubble has gotten.
The numbers are historic. China’s total debt has sprouted from 153 percent of gross domestic product in 2008 to 282 percent (...)
This website is a project of Focus on the Global South . It gathers together a wide range of English language texts relating to energy development in China. The site contains information and analysis about coal, oil, hydro-power, nuclear, renewable energy (especially wind and solar energy), and (...)
ANN ARBOR—Income inequality has been rising rapidly in China and now surpasses that of the U.S. by a large margin, University of Michigan researchers say.
That is the key finding of their study based on newly available survey data collected by several Chinese universities.
“Income inequality in (...)
China has an army of student labour making Apple products, Playstation consoles and other gadgets for the west. The teenagers’ stories make upsetting reading.
You’ll hear a lot of pieties about China this week. As George Osborne and Boris Johnson schlep from Shanghai to Shenzhen, they’ll give (...)
In acknowledging the many challenges that it is facing in achieving its development goals and addressing environmental problems, China has embarked on reforms aimed at rebalancing its economy to address its own problems and help in the global effort to abate climate change. Beijing has pledged (...)
While North America and Europe were hard hit, China has resisted the international crisis of 2008 thanks to a rescue plan which combined huge public spending, a low interest rate and consumption subsidies. China’s growth rate reached 9% in 2009 and 10.4% in 2010, dragging in its wake Asia and (...)
While North America and Europe were hardly hit, China has resisted to the international crisis of 2008 thanks to a rescue plan which combined huge public spending, a low interest rate and consumption subsidies. China’s growth rate reached 9% in 2009 and 10.3% in 2010 dragging in its wake Asia (...)
“Approximately 90 per cent of China’s high technology exports to the US are produced by multinational corporations and many of them are being bought and sold in the US by other multinational retailers.”
The president of China, Hu Jintao, just completed a visit to the United States and, not (...)
The U.S. economy is in bad shape and people are understandably seeking solutions. Many, encouraged by mainstream media and politicians, believe that China’s trade policies bear primary responsibility for the structural decay of our economy and that recovery will require, above all, pressuring (...)
The People’s Republic of China has been established for 60 years, there are tremendous changes in different aspects, particularly in the economy. It is said that China will exceed Japan and even USA within ten years and become the most powerful economic entity.
Completion of capitalist (...)
This article containes several figures, graphs and tables which are not reproduced here. To see them, go to the New Left Review original version:
http://www.newleftreview.org/?view=2809
The subprime mortgage crisis and ensuing global downturn led many to speculate whether any challenger might (...)
Will China be the “growth pole” that will snatch the world from the jaws of depression?
This is a question that has become a favorite topic as the heroic American middle class consumer, weighed down by massive debt, ceases to be the key stimulus for global production.
Despite the fact that the (...)
This report was first prepared for a Bangkok meeting: Grassroots Strategies
for Sustainable Chinese Investment, on 3-6 November 2007, convened by
Friends of the Earth-US, Earth Rights International, Focus on the Global
South, Globalization Monitor and International Rivers Network. The (...)
Concerns grow about distorted investment goals.
China is finding out the hard way that investment is not an end in itself. The object of economic is to satisfy consumption. Investment is merely a means of getting there. High rates of investment are fine – so long as someone can afford to buy (...)
If it gets this bad, lock up your spoons and womenfolk
Even with the outlook for the world economy rapidly worsening, many economists are still relatively optimistic about the prospects for the Chinese economy next year. While the International Monetary Fund recently lowered its forecast for (...)
As the US, Japan and Europe slide into recession, the leaders of many smaller countries are desperately hoping that continued strong growth in the Chinese economy, which has contributed about 15 per cent of world economic growth in recent years, might save them from this meltdown.
There’s hope (...)
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