Books
06.20.17

Shadow Banking and the Rise of Capitalism in China

This book is about the growth of shadow banking in China and the rise of China’s free markets. Shadow Banking refers to capital that is distributed outside the formal banking system, including everything from Mom and Pop lending shops to online credit to giant state owned banks called Trusts. They have grown from a fraction of the economy 10 years ago to nearly half of all China’s annual 25 trillion renminbi (U.S.$4.1 trillion) in lending in the economy today.

Conversation
06.14.17

Do Street Protests Work in China?

Mara Hvistendahl, Benjamin L. Read & more

A rare street protest broke out in China’s biggest city and commercial capital on Saturday night, June 10, when residents of Shanghai marched against new housing rules that some residents claimed have caused the value of their...

Sinica Podcast
01.26.15

Inside the Property Revolution

Jeremy Goldkorn & Luigi Tomba
from Sinica Podcast

Luigi Tomba, expert on municipal government in China, fellow at the Australian Centre on China and the World, and author of the book ...

The Perils of Private Enterprise: There Was Blood

A visitor to Jingbian county in northern Shaanxi province finds at its heart a thriving oil town in the grip of a state-owned company, Shaanxi Yanchang Petroleum. Yanchang’s building, 12 storeys high, towers over the low-slung town. The company...

What’s Driving China’s Real Estate Rally?

Yesterday, I began an investigation into the potential causes behind the latest bump in China’s property sales numbers, and whether they portend a genuine turn-around in the nation’s real estate market.  I noted that five basic theories...

Securing Land Rights for Chinese Farmers

Cato Institute

Despite China's significant economic growth, most of the 700 million farmers that make up about 56% of the total population still lack secure and marketable land rights that would allow them to make long-term investment in land in order to...