A recent WeChat post from oft-controversial entrepreneur, publicity hound, and philanthropist Chen Guangbiao urging the Chinese government to keep its hands off people’s pocketbooks has attracted many supportive comments from...
In recent weeks, two very familiar household names in China—Nobel prize-winning novelist Mo Yan and bottled water company Nongfu Spring—have come under fire from extreme Chinese nationalists, who have accused the pair of odd...
Popular science and current events blogger Xiang Dongliang’s musing on the Chinese Lunar New Year 2024 is CDT’s Quote of the Day: What struck me most about CCTV’s “Year of the Dragon” Spring Festival Gala? So many adverts. How...
By inadvertently “saying the quiet part out loud,” three recent media gaffes have touched off public debate on questions usually left unspoken. For some Chinese social media users, these blunders have provided an opportunity to...
China’s housing market woes continue, with recent data showing tumbling residential sales among developers and a decline in housing prices across 70 large and medium-sized cities. Adding to the complexity are concerns about...
Over the past month, in response to disappointing economic data, various Chinese government agencies have announced measures intended to stimulate household spending and bolster consumer confidence. China’s economy continues to...
Originally posted in 2011, this Ming’en Media video explains just how much every...
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...
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...
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,...
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...
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,...
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...
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...
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...
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...
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...
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...
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