China Economic ReviewA wise man once said that the preconditions for a stable and prosperous society are diversity, transparency and rule of law. China has a dynamic relationship with all three. This week featured an extraordinary report saying that two organizations which have provided regular monthly statistics on housing sales numbers had been told to cease making […]
There was a seemingly unplanned call this week between Donald Trump and Xi Jinping, and while increased communication is welcome, there is not much clarity over what exactly came of it. It seems now that, despite some claims to the contrary, the call was initiated by Washington under the guise of a nudge for China […]
One of the key problems in China’s current economic situation has for years now been local government debt. The exact numbers are difficult to calculate, but the overall impression is that the scale is large, and even for a system which has complete control over everything, this is a problem. A new wrinkle in the game […]
There’s not much going on in China at the moment that we can comment on, but there is a sense that things are possibly moving in the United States. It appears the Epstein files are in the process of being released out into the public sphere, and one can only presume that’s going to have […]
China’s premier Li Qiang gave a speech at the opening of the China International Import Expo (CIIE) in Shanghai this week providing some clarity on GDP targets, and what it boils down to is that they have let themselves off the 5% hook. He predicted the economy’s size to be RMB 170 trillion by 2030, which implies […]