Conversation

03.03.23

Xi Jinping Says He Wants to Spread China’s Wealth More Equitably. How Likely Is That to Actually Happen?

David Bulman, Wei Cui & more
On the eve of the “Two Sessions,” Xi Jinping’s leadership position is now secure as he embarks on a third term. But China faces severe headwinds in reviving the economy, boosting employment, and managing local government debt. In past crises, China’...

China Drive to Relocate Millions of Rural Poor Runs into Trouble

Tom Hancock
Financial Times
Villagers return home after struggling with lack of jobs in urban apartments

What Happened at Mar-a-Lago?

Paul Haenle & Zha Daojiong from Carnegie China
One week before their first in-person meeting, President Trump told the world on Twitter that he expected the dialogue with his Chinese counterpart Xi Jinping to be “a very difficult one” unless China was prepared to make major concessions on issues...

Are China’s Schools Failing?

Adam Minter
Bloomberg
China's much-lauded education system remains riven by inequality, with far-reaching consequences for schools, students and, ultimately, the economy

Caixin Media

10.12.16

Government Should Kick Land Sale Addiction to Cure Overheated Property Market

Chinese cities have rolled out new measures over the past week to cool a home-buying frenzy that has seen prices skyrocket, marking a new round of tightening since policies were eased two years ago. More than a dozen of China's largest cities,...

Media

12.15.15

The Proletariat Experience of Beijing’s Airpocalypse

On December 8, a Tuesday, a man surnamed Cao piloted his electric scooter along Beijing’s profoundly hazy streets, parking in front of one towering apartment complex after another to deliver packages. Although the government had just issued a “red...

Media

03.26.15

Brother, Can You Spare a Renminbi?

Bethany Allen-Ebrahimian
Who deserves to be poor in modern China? One man in China’s southern Zhejiang province certainly seemed sympathetic: Each day, he pushed himself along the street on a homemade wooden skateboard, his apparently paralyzed legs tucked under his body,...

China’s Rich Want to Send Children Abroad for Education

Xinhua
China Daily
The report said that some 80 percent of the country's rich people have plans to send children abroad, the highest ratio in the world. By contrast, Japan has less than 1 percent and Germany has less than 10 percent of its rich people having such...

Video

08.12.14

Chinese Dreamers

Sharron Lovell & Tom Wang
A dream, in the truest sense, is a solo act. It can’t be created by committee or replicated en masse. Try as you might, you can’t compel your neighbor to conjure up the reverie that you envision. And therein lies the latent, uncertain energy in the...

Viewpoint

08.05.14

Equal in Inequality?

Marc Blecher
For the past several months, readers around the world have been buying, discussing, and even occasionally reading Capital in the Twenty-First Century, French economist Thomas Piketty’s magisterial analysis of the relationship between capitalist...

Sinica Podcast

03.01.14

In Line Behind a Billion People

Kaiser Kuo, Jeremy Goldkorn & more from Sinica Podcast
This week on Sinica, Kaiser and Jeremy are joined by Damien Ma, author of In Line Behind a Billion People, a new book for China-watchers looking at how China’s lack of affordable housing, its food and air pollution, and the country’s poor education...

China's Princelings Storing Riches in Caribbean Offshore Haven

James Ball, Guardian US Interactive Team
Guardian
The documents also disclose the central role of major Western banks and accountancy firms who acted as middlemen. 

Books

04.01.10

Socialist Insecurity

Mark Frazier
Over the past two decades, China has rapidly increased its spending on its public pension programs, to the point that pension funding is one of the government's largest expenditures. Despite this, only about fifty million citizens—one-third of the country's population above the age of sixty—receive pensions. Combined with the growing and increasingly violent unrest over inequalities brought about by China's reform model, the escalating costs of an aging society have brought the Chinese political leadership to a critical juncture in its economic and social policies.In Socialist Insecurity, Mark W. Frazier explores pension policy in the People's Republic of China, arguing that the government's push to expand pension and health insurance coverage to urban residents and rural migrants has not reduced, but rather reproduced, economic inequalities. He explains this apparent paradox by analyzing the decisions of the political actors responsible for pension reform: urban officials and state-owned enterprise managers. Frazier shows that China's highly decentralized pension administration both encourages the "grabbing hand" of local officials to collect large amounts of pension and other social insurance revenue and compels redistribution of these revenues to urban pensioners, a crucial political constituency.More broadly, Socialist Insecurity shows that the inequalities of welfare policy put China in the same quandary as other large uneven developers—countries that have succeeded in achieving rapid growth but with growing economic inequalities. While most explanations of the formation and expansion of welfare states are derived from experience in today's mature welfare systems, developing countries such as China, Frazier argues, provide new terrain to explore how welfare programs evolve, who drives the process, and who sees the greatest benefit.  —Cornell University Press