Political Cycle will Drive the Chinese Economy This Year – Richard McGregor

From Financial Times:

Economists struggling for a fix on the trajectory of China’s economy this year have focused on traditional drivers of growth, such as exports, investment and even consumer spending.

But most have ignored what may be the key propellant pushing output higher – top-level politics, in the form of the impending Communist party congress at the end of the year.

The party congress, held every five years, will consecrate the new membership of the ruling Politburo and be followed in March 2008 by the formation of a fresh government, with ministerial changes.[Full Text]


Subscribe to CDT


Browsers Unbounded by Lantern

Now, you can combat internet censorship in a new way: by toggling the switch below while browsing China Digital Times, you can provide a secure "bridge" for people who want to freely access information. This open-source project is powered by Lantern, know more about this project.

Google Ads 1

Giving Assistant

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.