Media
01.22.15

Xi Jinping’s Pay Raise

Alexa Olesen

It just got slightly less difficult to be a clean Chinese official. State media reported on January 20 that Chinese civil servants had received their first pay raise...

Caixin Media
03.23.13

China’s Economic Policymakers Turning a Page

Written into the script for China’s once-in-a-decade leadership shuffle, confirmed at the recently concluded National People’s Congress, are macroeconomic policies for the new government that plot a course for future growth.

The policy...

Debunking the China Myth

But even in the cases where the outsourcing cost savings were significant, the idea that American wages were way out of line with Chinese wages and the only future for American workers was grinding wages lower and lower to compete with China has...

Rising Soybean Oil Prices Threaten Social Fallout in China

The worst U.S. drought in half a century is sending global grain prices soaring. The fallout is almost certain to be felt at dinner tables across China. The No. 1 foreign buyer of American soybeans, which are pressed into cooking oil and used for...

Caixin Media
08.02.12

Landlords of the Rings Push Urban Rents Higher

A twenty-six-year-old woman who moved to Beijing from a distant town for work could be a poster child for urban China’s latest housing market phenomenon: skyrocketing rents.

The woman, surnamed Fang, said goodbye to Liaoning province three...

A Hard Landing?

After three decades of annual growth averaging 10%, China's bullet-train economy is slowing markedly. Economic problems in Europe and the U.S. are stunting export growth, long the primary driver of China's economic miracle. Growth in industrial...

Is the Chinese Economy Running Out of Steam

John King Fairbank, the father of Chinese studies in America, once described China as a “journalist’s dream and a statistician’s nightmare, with more human drama and fewer verifiable facts per square mile than anywhere else in the world.” These...

Books
04.13.12

The End of Cheap China

Many Americans know China for manufacturing cheap products, thanks largely to the country's vast supply of low-cost workers. But China is changing, and the glut of cheap labor that has made everyday low prices possible is drying up as the Chinese people seek not to make iPhones, but to buy them.

China’s Macroeconomic Rebalancing

International Monetary Fund (IMF)

In May and June 2011, an International Monetary Fund staff team held discussions in Chengdu, Shanghai, and Beijing, which this report documents. The consultation examined China’s macroeconomic outlook, the potential for a property price bubble,...

Sinica Podcast
01.07.11

China 2010—Year in Review

Kaiser Kuo, Jeremy Goldkorn & more
from Sinica Podcast

This week we take a look back at China in 2010, revisiting some of the biggest stories we covered and discussing a few we missed. With Kaiser Kuo hosting the discussion as usual, our guests in the studio include Sinica stalwarts and regulars...

Price Dynamics in China

International Monetary Fund (IMF)

Chinese inflation, particularly non-food inflation, has been surprisingly modest in recent years. The author finds that supply factors, including those captured through upstream foreign commodity and producer prices, have been important drivers...

China’s “Hot Money” Problems

Congressional Research Service

China has experienced a sharp rise in the inflow of so-called “hot money,” foreign capital entering the country supposedly seeking short-term profits, especially in 2008. Chinese estimates of the amount of “hot money” in China vary from $500...

A Framework for Independent Monetary Policy in China

International Monetary Fund (IMF)

As China's economy becomes more market-based and continues its rapid integration into the global economy, having an independent and effective monetary policy regime oriented to domestic objectives will become increasingly important. Specifically...

Does Inflation in China Affect the United States and Japan?

International Monetary Fund (IMF)

With China's share in global trade increasing rapidly, some argued in 2002-03 that China was exporting deflation to other countries as it was dumping cheap goods in mature markets. Later, others argued that China was sucking in commodities and...