Chinese Save ‘Defensively’ for Milestones
Tea Leaf Nation’s Liz Carter and ChinaFile present a humorous infographic by Sohu Finance...
economic planning
Liu He, Xi Jinping’s Choice to Fix a Faltering Economy
As China’s top leadership plans for economic reform over the next decade, Liu He has come to...
Beijing tightens control over land – Richard McGregor
From the Financial Times: Tightening control of the release of land for development has emerged as one of Beijing’s key weapons to rein in the surge in investment behind economic growth of nearly 11 per cent in the first half of the year. The announcement of stricter rules for developing land coincided with the publication […]
China building too many power plants – Joe McDonald
From BusinessWeek: China needs to overhaul its huge power industry and raise prices to discourage wasteful consumption that is adding to already severe pollution, the Paris-based International Energy Agency says. “Too much electricity is wasted by consumers and by networks, so too many power plants are being built to meet this demand,” said Claude Mandil, […]
China’s powerhouse vision for 2050 – Jonathan Watts
From the Guardian: By 2050 China will have eradicated poverty, established itself as a world power in science and lifted the average lifespan of its billion-plus citizens to 80 years, according to two blueprints for the future published yesterday. Even by the standards of a country that has a passion for long-term economic plans, the […]
China’s Five-Year Economy Plan to Aim at Narrowing Wealth Gap – Bloomberg
From Bloomberg, via chinaknowledge.com: Leaders of China’s ruling Communist Party will aim to narrow the gap between rich and poor in a five-year economic development plan to be discussed at a meeting in Beijing this weekend. The Party, led by President Hu Jintao, will support a blueprint to pursue “rapid” economic growth during the 11th […]
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