A lot of analysts distrust Chinese economic data.
Last week, the Chinese leadership announced to end its decades-old one-child policy. The policy has been credited to preventing 400 million births since its introduction at the end of the 1970s, according to official Chinese statistics. The decision was made public on the last day of the Party’s top-level leadership meeting. In order to understand the full dimension of China’s birth control policy, one has to take a deeper look at history. Over the period of several hun…
Freedom comes at a cost. And sometimes freedom comes — as in the relaxation of China’s one-child policy — because the economic cost of oppression, like New York rents, is just too high.
The US Navy on Tuesday launched an operation to send a warship to within 12 nautical miles of two man-made islands in the South China Sea. Here are six things to look out for as maritime tensions escalate.
With the pomp and pageantry of last week’s state visit, the UK’s relationship with China has come centre stage. After so much effort to build our economic, strategic and cultural ties, many will be wondering what is next in order to develop our economic relationship.
China’s cut its own interest rates, but now it’s hoping the Federal Reserve won’t undo that benefit by lifting U.S. rates.
It is election season, and attacks on China over its foreign exchange policy are in full swing. Some U.S. lawmakers are against the recently concluded Trans-Pacific Partnership trade talks because the deal did not include strong language on “currency manipulation.”
Businessmen, politicians and China-watchers were all waiting eagerly for one number. And by Monday noon China’s National Bureau of Statistics finally released the GDP figure for the last quarterly period. The world’s second-largest economy only grew by a 6.9-percent rate during the last three months, marking it the slowest growth rate since the global financial crisis in 2009. If we look at the plain statistics, it seems that after three decades of outstanding economic …
Last month’s summit appears to have changed little.
What is the biggest challenge facing the next president of the United States? How to deal with China. The relationship between the emerging and the enduring superpower is the greatest geopolitical question of our time.
The question of how quickly China’s economy is growing has been paramount in the mind of investors all year. The stock market’s weakness in the third quarter was derived almost entirely from this issue, with traders fretting that slowing growth there would lead to depressed profits here, limiting Wall Street’s upside potential. These concerns aren’t unfounded, but they are overblown, especially given how the market has had a chance to price the issue into current p…
It is an interesting coincidence that the American automaker Ford announced to invest almost 2 billion into research and development in China, just several weeks after a huge emission scandal at its main competitor Volkswagen was exposed in the US. VW is now struggling domestically and internationally – not only because of the immense costs which will eventually hit the German car giant, but also because of the serious loss of consumer trust into the car company’s credibility…
Xiaomi marks the end of China as a pure importer of products designed elsewhere. It was one of the first companies to adopt the new methods that are making China a center of innovation in design, electronic commerce and services. Xiaomi introduces a new risk in that relationship -- not a risk that Chinese firms will copy too much from the United States, but that the American firms will copy too little from China.
Late last month in Shanghai, a top Chinese businessman gave me and three other visiting journalists as clear a distillation as any of Beijing’s attitude toward the United States. “The U.S. wants to dominate the world, China only wants to keep America from dominating its neighborhood,” said Eric Li, a prominent Stanford- and Berkeley-educated political scientist and venture capitalist.
In case you hadn’t heard, the Trans-Pacific Partnership is a really big deal — unless you're China.
The joy and excitement about business opportunities during China’s economic boom years were closely followed by criticism of China’s environmental pollution. Albeit being one of the biggest developing country with a huge population (together with India and Brazil), these criticisms were and are not without reason. In 2006 China overtook the United States to become the world’s biggest emitter of carbon dioxide. At that time China per capita numbers were still far behind …
It is true that China’s stock market has dropped 40% from its peak, but that’s less an indication of China’s slowdown than a correction from an irrationally engineered bubble.
United States are in a pre-election campaign stage and many candidates, especially from the conservative side who point at China as some kind of scapegoat for a variety of problems.
China's pledge to help crack down on hackers who steal commercial secrets from the United States, even coming as it did amid a bit of arm-twisting by President Barack Obama, is a big breakthrough that could reduce U.S.-China tensions and end huge losses for American companies.
Soon after I moved to Beijing in the summer of 2002, the Chinese government invited journalists to a naval base in Qingdao, a beautiful city in northeastern China that reminded me a bit of San Francisco.