Conversation
11.04.24

How Much Will New Stimulus Improve China’s Economic Outlook?

Arthur R. Kroeber, Michael Pettis & more

After months of downbeat economic news and little action from the Chinese government, Beijing has announced a slew of stimulus measures. Are the stimulus measures enough to make a difference and are they going to work as long as secular trends...

Conversation
02.16.24

It’s Grim out There: China’s Economy in the Year of the Dragon

Anne Stevenson-Yang, Zongyuan Zoe Liu & more

Some observers have been predicting an economic collapse in China for decades. Others have long predicted that China would be stuck in a middle-income trap or some other type of economic stagnation. Might some of these predictions come true this...

Features
07.10.23

For Beijing, Putting People Back to Work May Prove a Tough Job

Eva Xiao

In a small Chinese town where unemployment has run high during the COVID-19 pandemic, the local government has embraced a surprising remedy to joblessness: public toilets. Fugong Village, in Guangdong province, usually sees nearly half of its...

Conversation
10.11.22

On the Eve of the Party Congress, What’s Ahead for China’s Economy?

Guonan Ma, Ryan Hass & more

Three years of zero-COVID and a lingering property crisis have taken a toll on China’s economy. What are the prospects for an economic turnaround in the coming months? And if it doesn’t come to pass, what will a slowing economy spell for the...

Caixin Media
10.12.16

Government Should Kick Land Sale Addiction to Cure Overheated Property Market

Chinese cities have rolled out new measures over the past week to cool a home-buying frenzy that has seen prices skyrocket, marking a new round of tightening since policies were eased two years ago. More than a dozen of China's largest cities,...

Mixed Messages

A missed opportunity to improve the environment for foreign companies in China

Viewpoint
05.26.16

China and the End of Reform

Thomas Kellogg

Is the Chinese Communist Party putting an end to the decades-long process of China’s opening to the outside world? Is the era of liberal reform over? Consider the latest piece of evidence: on April 28, the Standing Committee of...

Conversation
05.24.16

How Much Debt Is Too Much in China?

Yukon Huang, Houze Song & more

In the first quarter of 2016, Chinese debt rose to 237 percent of GDP—a level comparable to that of the U.S. or the Eurozone and yet much larger than that of most developing economies, according to...

Media
05.12.16

The End of China’s Economic Miracle? A Discussion with ‘Financial Times’ Writers

George Soros, Jamil Anderlini & more

On April 20, 2016, a panel of Financial Times correspondents and editors with China experience, joined by financier and occasional FT columnist George Soros, discussed rural-to-urban migration, wage growth, real...

Caixin Media
04.05.16

No Point in Ramping Up Personal Debt to Help Property Market

Having banks and local governments deleverage and trim overcapacity are part and parcel with central government efforts to maintain stable growth by nurturing the supply side of the economy. But even as this is happening, the...

Viewpoint
03.24.16

Why China’s Economy Can’t Collapse

from Radio Free Asia

China’s economic outlook once again became the focus of attention for many last week. For one thing, the Economist Intelligence Unit (EIU) listed the possibility of a hard landing for China’s economy as the topmost of the world’s...

The China Africa Project
03.07.16

As Economy Worsens, Chinese Migrants in Africa Confront New Challenges

Eric Olander, Cobus van Staden & more

Thousands of Chinese migrants who settled in Africa over the past 10 years now face mounting uncertainty as economic growth slows across the continent and back home in China. While there are no reliable estimates as to how many...

Caixin Media
02.19.16

Central Bank Governor on Reforming the Exchange Rate, Adopting a Digital Currency

Recently Zhou Xiaochuan, Governor of the People’s Bank of China (PBOC), China’s central bank, had an interview with Caixin and talked about the yuan exchange rate regime reform, macro-prudential policy framework, digital currency, and other...

Caixin Media
02.01.16

Tough Times call for Tougher Reform Push

Beijing has has done a good job in terms of industrializing the country but will face unprecedented challenges when dealing with a service-driven economy.

Xi Jinping on the Global Stage

Council on Foreign Relations

Xi Jinping is the most powerful Chinese leader since Deng Xiaoping, and with his sweeping actions and ambitious directives he has fundamentally altered the process by which China’s domestic and foreign policy is formulated and implemented. Xi’s...

Sinica Podcast
01.29.16

The China Meltdown

Jeremy Goldkorn, Kaiser Kuo & more
from Sinica Podcast

[—Editors note: this podcast was recorded on January 18, 2016]

With equity markets in free fall, housing prices skipping downwards, foreign reserves plummeting, and industrial production on a road...

Conversation
01.27.16

Is George Soros Right that China’s Headed for a Hard Landing?

Arthur R. Kroeber, Stephen S. Roach & more

On Tuesday in an article headlined, “Declaring War on China’s Currency? Ha ha,” the People’s Daily attacked billionaire investor George Soros for suggesting he might short the renminbi. The Chinese currency has dropped 5.7 percent since August...

Conversation
11.02.15

How Far Have China’s Economic Reforms Come over the Past Year?

Houze Song & Arthur R. Kroeber

As the Chinese Communist Party leadership wrapped up its Fifth Plenum, the meeting at which the Party’s leadership set the Five Year Plan that will shape economic policy through 2020, what progress has been made on the “...

Caixin Media
10.13.15

Insider Trading Is Hindering Development of Stock Market

A series of investigations into apparent market violations emerged after the recent stock market turmoil, bringing down Zhang Yujun, an assistant chairman at the China Securities Regulatory Commission (CSRC); Cheng Boming, general...

Media
08.26.15

Mapping Fallout From ‘Black Monday’: Who Was Hardest Hit?

David Wertime

August 24, which some have already dubbed “Black Monday,” was not a kind day to global equity markets. The rout began with a massive sell-off in China, where the benchmark Shanghai Composite Index plunged 8.49 percent in just one day. Those...

China’s Complexity Problem

The challenge for Xi Jinping is to prioritize plentiful political will in a way that keeps China on the course of reform and rebalancing.
Caixin Media
08.03.15

Villain or Hero for Stock Market Saga?

An obscure equities-trading finance agency that brokers often slighted in favor of bank loans has suddenly taken center stage in the drama playing out in the stock market.

But reviews are mixed over whether the four-year-old, quasi-...

Caixin Media
07.20.15

How Beijing Intervened to Save China’s Stocks

Top executives from 21 securities firms spent the morning of Saturday July 4 pinned to government office chairs while the future of China’s stock markets hung in the balance.

They’d been summoned on a day off to the Beijing office of the...

Caixin Media
06.17.15

Is China Knocking on Deflation’s Door?

China’s last war against deflation was waged in 1998, the year the nation’s consumer price index and producer price index suddenly plunged in tandem.

The central government responded by launching economic and administrative reforms,...

Conversation
04.16.15

How Much Consumerism Can China Afford?

Andrew Batson & Matthew Crabbe

This week, a blockbuster movie celebrating speedy cars and the racing life landed atop China’s box office. The Hollywood import Fast and Furious 7 grossed...

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