ChinaFile Recommends
04.07.16China Stanches Flow of Money Out of the Country, Data Suggests
New York Times
The shift mainly stems from the weakness in the dollar and the government's effort to stop people from sending money out.
ChinaFile Recommends
04.06.16China Tightens the Trade Screws on North Korea
Associated Press
China has banned most imports of North Korean coal and iron ore, the country's main exports.
Caixin Media
04.05.16
No Point in Ramping Up Personal Debt to Help Property Market
Having banks and local governments deleverage and trim overcapacity are part and parcel with central government efforts to maintain stable growth by nurturing the supply side of the economy. But even as this is happening, the housing market has been...
ChinaFile Recommends
04.04.16Price Falls Keep China's Property Developers Grounded
Financial Times
Analysts fear the Goldin development, which is meant to be the heart of a new commercial district, is the wrong project at the wrong time.
ChinaFile Recommends
04.01.16A Dull Roar from a Hungry Chinese Lion
Bloomberg
Chinese construction companies loaded up on machinery as part of a massive stimulus package. With a slowing economy, developers face mountains of debt.
ChinaFile Recommends
03.31.16Great Leap Upward: Behind China's $100 Billion Shopping Spree
Bloomberg
It reflects an effort by the government to encourage Chinese companies to gain know-how and market share through foreign transactions.
ChinaFile Recommends
03.31.16North Korea Sanctions: Is China Enforcing Them?
CNN
The Chinese say inspections are effective, but CNN couldn't independently verify that.
ChinaFile Recommends
03.31.16S&P Cuts China, Hong Kong Outlook to Negative
CNBC
It may lower China and Hong Kong's ratings from AA minus and AAA respectively in the next six months to two years.
ChinaFile Recommends
03.31.16Grey Boom: Decades of Birth Controls Leave China with Distorted Demographics
Globe and Mail
By 2030, the country will count 143 million more people aged 60 and older, a two-thirds expansion over 2015.
ChinaFile Recommends
03.31.16China Has the Most Coal Plants in the World—and Half the Time They’re Doing Absolutely Nothing
Quartz
Time-lag and decentralization of government contributed to excessive coal plants.
ChinaFile Recommends
03.31.16China’s Banks Report Slowest Growth in 10 Years in 2015
Wall Street Journal
Country’s ailing economy leading to more bad loans, pushing lenders toward riskier expansion strategies.
The China Africa Project
03.30.16
When China Sneezes, Does Africa Catch a Cold?
Chinese government officials have been on an all-out public relations offensive across Africa lately to reassure increasingly nervous political and business leaders that even though China’s economy may be slowing it will not affect the P.R.C.’s...
ChinaFile Recommends
03.27.16Thailand Calls Off Deal for China to Finance Railway
Wall Street Journal
Thailand has been struggling to secure what it considers a satisfactory financing deal from Beijing for the 250 kilometer rail line.
ChinaFile Recommends
03.25.16How Trump’s Hard Line on Trade Could Backfire
Wall Street Journal
“If they don’t behave,” the Republican businessman warned at a debate, Chinese companies under a Trump presidency could face tariffs of 45%.
The China Africa Project
03.25.16
Continental Shift: How China is Changing Africa
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...
Viewpoint
03.24.16
Why China’s Economy Can’t Collapse
from Radio Free Asia
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...
ChinaFile Recommends
03.24.16Yi Fuxian, Critic of China’s Birth Policy, Returns as an Invited Guest
New York Times
"I can go to Boao because the Chinese government isn’t against me anymore!"
Viewpoint
03.24.16
German President Joachim Gauck’s Speech at Tongji University in Shanghai
from Der Bundespräsident
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...
ChinaFile Recommends
03.23.16China’s Struggle for a New Normal
Financial Times
Beijing seems strangely indecisive on the economy and yet increasingly authoritarian in politics.
ChinaFile Recommends
03.22.16Russia Deals Deepen India Hold in China Oil-Buying Backyard
Bloomberg
India is replacing China as the center of the world’s oil demand growth as its economy expands faster than any other major country.
ChinaFile Recommends
03.22.16A Growing Corner of China’s $2 Trillion Mortgage Market Looks a Lot Like the U.S. Subprime Bubble
Quartz
“If China allows high leverage in the housing market, it could lead to a financial disaster.”
ChinaFile Recommends
03.22.16Hong Kong Feels, and Fears, China's Tighter Grip
Associated Press
Political and economic ills from the mainland are eroding HK.
ChinaFile Recommends
03.21.16IMF Pressing China to Disclose More Data on Currency Operations
Wall Street Journal
In recent months, the People’s Bank of China has increasingly turned to the derivatives market to help prop up the currency.
ChinaFile Recommends
03.21.16China’s Fix for Massive Corporate Debt: Sell More Stock
Fortune
Zhou’s solution to the corporate debt problem is that the Chinese companies need to go out and issue stock.
ChinaFile Recommends
03.18.16China Banks Face Credit Risks from Ties to Wealth Management Products
CNBC
While WMPs offer high interest rates, it isn't always clear what assets the funds are buying to finance those payouts.
ChinaFile Recommends
03.17.16China Banks Face Credit Risks from Ties to Wealth Management Products
CNBC
Chinese banks are creating a web of risk through their WMPs, raising concerns about the health of the financial system.
ChinaFile Recommends
03.16.16China Approves New Five-Year Plan as Li Reassures on Economy
BBC
The National People's Congress ended with a new five-year plan, aiming for 6.5-7% growth a year by 2020.
ChinaFile Recommends
03.15.16China's Ever-Expanding U.S. Footprint
CBS News
A group of investors including China's Anbang Insurance Co. announced an unsolicited $14 billion offer for Starwood Hotels.
ChinaFile Recommends
03.15.16China-EU Relations: Crisis and Opportunity
Diplomat
The decision to grant China Market Economy Status is a major inflection point in bilateral ties.
The China Africa Project
03.14.16
Africa’s Role in China’s One Belt, One Road Global Trade Strategy
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...
ChinaFile Recommends
03.14.16How Much Foreign Debt Has China Repaid?
Barron’s
China began to repay its foreign debt, which promotes systemic stability but puts a downward pressure on yuan.
ChinaFile Recommends
03.14.16Why Donald Trump Is Wrong About Manufacturing Jobs and China
New Yorker
Factory jobs are on the rise here, and many of these new jobs are coming back to North America from China.
ChinaFile Recommends
03.11.16Reaganomics Finds Friends In High Places In China
Forbes
In response to worldwide demands that China manage its economy better, Xi Jinping has proposed what he calls “supply-side structural reform.”
ChinaFile Recommends
03.09.16The China Intervention Trade Is Back as State Funds Battle Bears
Bloomberg
The stock market is a battleground for bearish investors and state-directed funds determined to spark a rally.
ChinaFile Recommends
03.08.16China Exports, Imports Fall Sharply in February
CNBC
China's exports fell 25.4 percent on-year in February, while imports declined 13.8 percent, clocking far bigger slides than expected.
ChinaFile Recommends
03.08.16China Desperately Needs Low-Income Migrant Workers to Buy Homes and Save the Economy
Quartz
You can't ignore the lower-end demand because there is none at the higher end.
The China Africa Project
03.07.16
As Economy Worsens, Chinese Migrants in Africa Confront New Challenges
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...
ChinaFile Recommends
03.07.16China's Growth Addiction Leaves Deleveraging in Back Seat
Bloomberg
Rule No.1 in China’s blueprint for the next five years: give top priority to development.
ChinaFile Recommends
03.07.16Ailing Economy Slows China’s Military Expansion
Wall Street Journal
Much of this year’s budget will go toward major restructuring of armed forces, official says.
Media
03.04.16
China’s Coming Ideological Wars
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...
ChinaFile Recommends
03.04.16Xi Jinping’s Remedy for China’s Economic Gloom Has Echoes of Reaganomics
New York Times
President Xi Jinping has begun pushing a remedy that sounds less like Marx and Mao than Reagan and Thatcher.
ChinaFile Recommends
03.04.16Why You Should Care about China's National People's Congress
BBC
It is an opportunity to gauge what Chinese leaders may be thinking about the economy.
ChinaFile Recommends
03.03.16Death and Despair in China's Rustbelt
Bloomberg
The river plain once at the forefront of the Communist Party’s first attempt at a modern economy has become a valley of brutal murder, protests, and suicide.
ChinaFile Recommends
03.01.16Dodging Critics and Soothing Fears, China Meets Its G-20 Goals
Bloomberg
China pulled off a win at the Shanghai Group of 20 meeting of global finance leaders after months of angst abroad over economic and policy direction.
ChinaFile Recommends
03.01.16China Expects to Lay off 1.8 Million Workers in Coal, Steel Sectors
Reuters
China expects to lay off about 15 percent of the workforce, as part of efforts to reduce industrial overcapacity.
Media
03.01.16
Why China Isn’t Hosting Syrian Refugees
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...
ChinaFile Recommends
02.29.16China Warns U.S. After Trump Wins Nevada Caucus
Washington Free Beacon
China warned the U.S. not to adopt punitive currency policies that could disrupt U.S.-China relations after Donald Trump’s win in the Nevada caucus.
ChinaFile Recommends
02.26.16As China’s Economic Picture Turns Uglier, Beijing Applies Airbrush
New York Times
This month, Chinese banking officials omitted currency data from closely watched economic reports.
ChinaFile Recommends
02.26.16China’s Richest Man Wang Jianlin Urges Beijing to Motivate Officials for Economic Growth
South China Morning Post
Wang told an audience at Oxford University that inaction by some officials stemmed from “flaws in systematic design.”
Caixin Media
02.24.16
Regulators Leave Wealth Management Industry Unplugged
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...
The China Africa Project
02.24.16
China/Africa Vs. China/South America
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...
Conversation
02.23.16
How Long Can China’s Internet Thrive if the Rest of the World Gets Shut Out?
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...
ChinaFile Recommends
02.22.16China: No More Weird Buildings
CNN
New guidelines will forbid the construction of "bizarre" and "odd-shaped" buildings that are devoid of character or cultural heritage.
ChinaFile Recommends
02.22.16China’s Excess Production Has Intensified Slowdown, Business Group Says
New York Times
The failure of Chinese leaders to tackle the problem of excess industrial production has intensified an economic slowdown.
Caixin Media
02.19.16
Central Bank Governor on Reforming the Exchange Rate, Adopting a Digital Currency
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...
ChinaFile Recommends
02.17.16The China Delusion
Project Syndicate
The current exchange-rate anxiety is just a symptom of China’s transition from an export-led growth strategy to one propelled by domestic consumption proceeding less smoothly than hoped.
The NYRB China Archive
02.17.16
Lost in China’s Exploding Future
from New York Review of Books
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...
ChinaFile Recommends
02.10.16'China Has Only One Real Ally'
Business Insider
Director of the Institute for International Relations at Tsinghua University believes China's only real ally is Pakistan.
ChinaFile Recommends
02.09.16Invisible Bridges
New Yorker
Over the past two centuries, there have been periodic tensions between Russia and China, including some serious border conflicts, and historically Russia has usually held the upper hand. But nowadays, at the personal level, Monteleone notices a...
ChinaFile Recommends
02.08.16China's 'Zombie Commodities' Haunt the Market
Nikkei Asian Review
China has a record-breaking stockpile of farm commodities that has been languishing in warehouses for years, declining in value.