At The New Yorker, Evan Osnos suggests that 2012 may have marked a turning point in the erosion of accepted myths about China. Ten, he says, have collapsed over the past year: myths about government efficiency, a hard landing,...
by Scott Greene | Oct 16, 2012
Economic data released over the weekend indicated that China’s economy may have begun to stabilize in September, as both the trade surplus and money supply grew more than estimated and inflation fell to its slowest pace in...
by Scott Greene | Oct 8, 2012
The World Bank lowered its growth forecast for China to 7.7 percent on Monday, 0.5 percent below its April estimate, according to the China Daily: The World Bank also lowered China’s growth forecast in 2013 to 8.1 percent,...
by Scott Greene | Sep 6, 2012
Bloomberg reports that the Chinese government has approved plans to build over 2,000 kilometers of roads as it aims to reverse slowing economic growth: The projects include highways in Zhejiang and Xinjiang provinces, according...
by Scott Greene | Aug 22, 2012
The Wall Street Journal reports that a number of Chinese cities have rolled out large stimulus measures intended to boost slumping growth: The city of Chongqing in China’s southwest called for investment of 1.5 trillion...
by Scott Greene | Jun 7, 2012
China’s central bank announced a 25 basis point cut to borrowing and lending rates on Thursday, the latest measure taken to stave off a hard landing for the economy. From The New York Times: The interest rate cut was the...
From the Archives
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