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.
Leaders of world’s second-largest economy face some of their most difficult policy decisions in years in 2019.
To make ends meet, Xu Yuan, 33, has to share a bed with her best friend in Shanghai where she works in marketing. A curtain marks her half of the bed. She stays at work as late as (...)
Would the US be better off helping stabilize the Chinese economy, rather than gearing up for a trade war?
Conventional wisdom holds that China is on the ascent and the United States is in decline, that China’s economy is roaring with raw energy and that Beijing’s “Belt and Road” mega-project of (...)
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 (...)
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 (...)
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 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 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 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 (...)
Despite China’s spectacular GDP growth of nearly 10% per year since 1978 — and despite Beijing’s claim that the country remains on a socialist course — in the eight years to 2005, workers’ wages as a proportion of GDP plunged from 53% to 41.4%.
The figures were revealed by a September World Bank (...)
As of 2004, foreign capital controlled 76.6% of Chinese industry, a study produced by academics from Beijing’s Communication University has found. The findings of the report, which was released in March, are consistent with a November 2006 report by the Development Research Centre of the State (...)
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