Marriage Falls in China, Transforming Finances and Families
The decline in marriages means a decline in the kind of spending China needs to drive economic growth.
Caixin Media
06.09.15
China’s Cabinet Unveils Plan to Improve Rural Schools
The State Council has released a plan for improving the quality of education in rural areas over the next five years—a move the cabinet says is aimed at improving the quality of teaching at primary and secondary schools in the country’s less-...
The China Africa Project
01.09.15
From ‘Made in China’ to ‘Made in Africa’
A growing number of Chinese companies are looking to outsource production overseas in a bid to lower costs and meet Beijing’s increasingly stringent environmental laws. Ethiopia and South Africa are among the beneficiaries of this new trend as...
China’s Losers: Disillusioned Office Workers
Amid spreading prosperity, a generation of self-styled also-rans emerges.
Wage Rises in China May Ease Slowdown
Wages are still climbing rapidly in China and many companies are having trouble filling jobs despite the sharp economic slowdown here—evidence of a structural shortage in the labor market that may help China adjust to slower growth without...
The Impact of Introducing a Minimum Wage on Business Cycle Volatility: A Structural Analysis for Hong Kong SAR
International Monetary Fund (IMF)
We study the impact of a minimum wage on business cycle volatility, depending upon its coverage and adjustment mechanism. As with other small open economies, Hong Kong SAR is vulnerable to external shocks, with its exchange rate regime precluding...