4 h. ago What mainstream capitalist economists won’t tell you about China

What mainstream capitalist economists won’t tell you about China  People's World

Politics

7 d. ago China’s stock boom will not do much to rejuvenate the economy, Nomura says

The ongoing rally in Chinese stocks will do little to boost growth in the mainland’s economy, as equity investments account for a small portion of total household assets, Nomura Holdings said. In a report on Wednesday, Lu Ting, the Japanese brokerage’s chief China economist, said Chinese households parked the majority of their wealth in the struggling property market. Stock holdings accounted for 1.3 per cent of total household assets, while the proportion for properties was 60 per cent, the...

Politics

2 w. ago Yuan May Strengthen Past 7 Per Dollar, Top China Economist Says

Yuan May Strengthen Past 7 Per Dollar, Top China Economist Says  Bloomberg

Politics

2 w. ago Rare earth: China’s leveraging of essential elements will backfire

Rare earth: China’s leveraging of essential elements will backfire  The Economist

Events

3 w. ago America and its Asian allies need to spend more to deter China

America and its Asian allies need to spend more to deter China  The Economist

Politics

3 w. ago China urged to curb excessive cash burn, not competition, to fight ‘neijuan’

With e-commerce platforms locked in fierce competition for China’s instant retail market, a prominent Chinese economist has called for government guidance that balances regulatory oversight with innovation and a push for new growth drivers. Wang Yiming, a central bank adviser, said “quick commerce” – involving the rapid delivery of food and essential goods, often within 30 minutes – creates new opportunities for consumption, which could be vital for long-term growth. He urged officials to guide...

Sport

last month China's economists weigh pros and cons of consumption benchmarks

As Beijing gathers public input on China’s next five-year plan – a mission statement for the next half-decade of economic and social policy – how best to bolster domestic consumption has emerged as a topic of considerable debate as the country seeks new avenues for growth amid a murky landscape for global trade. One point of contention among scholars and other influential thinkers is whether to set measurable consumption targets, in a similar fashion to other headline benchmarks like gross...

Politics