China’s Plan to Curb Air Pollution Sets Limits on Coal Use and Vehicles

This plan represents the most concrete response yet by the Communist Party and the government to growing criticism over allowing the country’s air, soil and water to degrade to abysmal levels because of corruption and unchecked economic growth.

 

A Shark Called Wanda—Will Hollywood Swallow the Chinese Dream Whole?

A ChinaFile Conversation

Stanley Rosen:

Wang Jianlin, who personally doesn’t know much about film, made a splash when he purchased America’s No. 2 movie theater chain AMC at a price many thought far too high for what he was getting.  A number of knowledgeable people felt that the money could have been put to better use by investing in the fast-growing China market rather than the flat North American market.

Measuring the Wealth Gap

‘Gray Income’ Pads Pockets of China’s Rich, Survey Shows

Recent findings by China Society of Economic Reform (CSER) have offered a rare glimpse into growing income inequality in the country.

The study shows that in 2011 unidentified “gray income,” or the difference between CSER-surveyed income and that of the official household survey, totaled 6.2 trillion yuan, or 12 percent of GDP. The richest 10 percent of families had an annual income that was twenty-one times the lowest 10 percent, much higher than the official estimate of 8.6 percent.

Chinese Coal Demand to Peak by 2020

Over the last decade, predicting the future of global energy markets has centered more or less on what people thought China was going to do. Analysts and researchers have since assumed that Chinese coal demand is insatiable and will continue along this trend. This viewpoint has, consequently, underpinned the future pricing assumptions of the market and justified capital expenditure on bringing more production on-stream.