Video: “Death and Taxes”
Originally posted in 2011, this Ming’en Media video explains just how much every...
Jan 21, 2015
Originally posted in 2011, this Ming’en Media video explains just how much every...
Jul 23, 2013
China watchers spent the week digesting the latest official quarterly GDP data released by the National Bureau of Statistics, which showed year-over-year growth slowing to 7.5% in the second quarter. Measured by international...
Oct 7, 2012
Tensions between Hong Kong and the mainland have fluctuated, but with the recent proposed education curriculum change and other signs of hostility, relations with the mainland seem to be under more stress in recent months. As...
Dec 19, 2011
On CNBC, Shanghai-based market intelligence analyst and author Shaun Rein responds to a Wall Street Journal piece published earlier this month which argues that China’s wealthy are losing confidence and spending less,...
Aug 12, 2011
Business Insider highlights a report which claims that flow of money from American consumers to Chinese manufacturers is less torrential than is widely believed: We spend a lot of money on stuff with the “Made In...
Jul 27, 2011
A new addition to the catalogue of strangeness caused by China’s economic rise: Harrods and Selfridges will open their Christmas departments tomorrow, on Thursday, July 28th, just short of five months before C-Day itself,...
Sep 5, 2010
The Wall Street Journal China Real Time blog reports that it’s not just consumers in Beijing and Shanghai who spend big in China, but their Tier 2 neighbors as well: Up to now, many global companies, especially luxury...
Oct 2, 2009
The New York Times’ Room for Debate blog has rounded up a number of scholars to share their thoughts on China’s efforts to move towards a consumer-driven economy. Michael Pettis, professor of finance at Peking...
Jul 4, 2009
A government researcher today recommended that only boosting domestic consumption would help China recover from the global financial crisis and international demand is still weak. From Bloomberg: China has to boost domestic...
May 22, 2009
Der Spiegel writes about Western hopes that China will revive the global economic slump: Last week, European Central Bank President Jean-Claude Trichet said cautiously that the global economy is “near a turning...
May 13, 2009
Forbes reports: China is showing steady improvement in domestic consumption, as global and domestic companies set their sights and hopes on the world’s most populous market. But bolstering the power of its consumers to...
Apr 7, 2009
An opinion piece in the Financial Times looks at the possible link between a country’s level of freedom and rates of consumption as a way to explain China’s failure to stimulate consumer spending: Why has the...
Mar 18, 2009
The city of Hangzhou has handed out free vouchers to boost domestic consumer spending rates. Still, however, officials concede that the $100 million voucher plan is only a small effort in increasing consumer confidence more...
Dec 13, 2008
With lower growth rates and exports down, China’s economy faces a shaky future. But it’s not as if China doesn’t have the money to jumpstart its own recovery; money accumulated thanks to its high savings rates...
Oct 31, 2008
Born in Taiwan, Larry Hsien Ping Lang is currently a Chair Professor of Finance at The Chinese University of Hong Kong. He is known in China for his provocative critiques of the SOE (The State-Owned Enterprises) reform process....
Oct 26, 2008
A New York Times editorial offers an opinion on how China should respond to the current global financial crisis: China is already feeling the impact of a slower world economy. Both economic growth and export growth have braked...
Oct 13, 2008
MSNBC has a report about the changing money-saving habits of Chinese families, as young consumers turn to credit cards: Fears about a possible global recession have begun to trickle down to China, a nation of traditionally high...
Oct 5, 2008
Newsweek looks at the economic ties between the U.S. and China and their impact on the current market crisis as well as on the future of China’s economic growth: The relationship is symbiotic and mutually intoxicating,...