Economy

For their new book, Continental Shift: A Journey into Africa’s 21st Century, South African authors Kevin Bloom and Richard Poplak embarked on a 14-country odyssey across two continents over a span of five years to report on Africa’s changing...

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 top 10 risks. There...

On Wednesday, March 23, German President Joachim Gauck addressed an audience of university students in Shanghai. Among many views not typically aired in public in China, Gauck, a former Luterhan minister and anti-communist organizer, told the crowd...

China’s lofty ambition to revive its ancient silk road trading routes is now becoming a reality. When complete, One Belt, One Road (OBOR), or the Maritime Silk Road as it is more commonly known, will connect China via rail and shipping links with...

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 Chinese migrants...

For most Chinese, the 1990s were a period of intense material pragmatism. Economic development was the paramount social and political concern, while the various state ideologies that had guided policy during the initial decades of the People’s...

The civil war in Syria, now spanning almost half a decade, and the Islamic State’s territorial advances there have led to the world’s worst refugee crisis in decades. More than 4.7 million Syrians have left their homeland, pouring into neighboring...

Financial market supervisors admit that gaping holes pockmark the regulatory fences they’ve built in recent years to control the wealth management industry and protect its investors.By occasionally introducing new rules and regulations, supervisors...

China’s engagement in Africa is often seen by many observers in a vacuum without a broader understanding of how the relationship compares to Beijing’s strategy in other regions of the world. South America, in particular, provides an interesting...

Last week, Chinese authorities announced that as of March 10, foreign-invested companies would not be allowed to publish anything on the Chinese Internet unless they have obtained government permission to publish with a Chinese partner. What does...

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 topics...

Chinese director Jia Zhangke’s new movie, Mountains May Depart, begins with a disco dance in a bleak mining town to the sounds of “Go West” by the Pet Shop Boys. It is the lunar New Year, 1999. Outside, the end of the millennium is celebrated in a...

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.

Following is an edited transcript of a live event hosted at Asia Society New York on December 17, 2015, “ChinaFile Presents: The New Yorker On China.” (The full video appears above.) The evening, introduced by Asia Society President Josette Sheeran...

[—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 trip back to the last decade, it’s no surprise...

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 when...

It hasn’t even been a month since Chinese president Xi Jinping was in South Africa for the triennial Forum on China-Africa Cooperation (FOCAC) confab where he unveiled a massive $60 billion financial package. Oh how those were innocent, halcyon days...

It takes a brave man to jump off a moving train for the sake of a sale, but the clothes hawkers had the easy courage of men who did this on the regular. I watched as they leapt off the front carriage as the train chugged into a station with no stop...

On January 16, the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) will meet in Beijing to formally launch its operations.A symbol of China’s growing clout on the international scene, the AIIB attracted 57 founding members,...