China Policy Institute Blog
How Do Chinese Companies Become Global?
May 7, 2013
Written By Shujie Yao. China has been one of the largest recipients of foreign direct investment (FDI), which has been a main driver of its fast economic growth. From 2004, Chinese companies started to invest aboard. By 2012, the total amount of outward foreign direct investment (OFDI) was over $70 billion, rising by 29% from …
The next phase of growth
March 3, 2013
By Linda Yueh. As the new Chinese leadership takes over, their biggest economic challenge remains generating growth for another 30 years. In addition to re-balancing the economy and stimulating more productivity, a key aspect will be the re-defining the role of the state. After over 30 years of marketisation and reform, China remains a mixed …
Announcing our upcoming special issue on the NPC/NPPCC 两会
February 28, 2013
Next week China’s legislature (the almost 3000-strong National People’s Congress) will meet to pass legislation on the policy directions established by the Party at its Congress held in November last year. Although the NPC is not an autonomous body, indeed it is largely constituted by Party members and takes its lead from the Party Congress, …
Bull Run in China’s Equity Markets: Some reflections
January 21, 2013
By Samuel Beatson. After offering weak returns to investors for a long time, the Shanghai stock exchange index for all shares has seen a dramatic rise of almost 15% in the last forty five days. This seems to indicate that investors in the stocks of Chinese companies have keen expectations for mainland companies and following …
The Chinese economy: Impossible to rebalance?
November 15, 2012
by Michele Geraci. In the opening speech of the 18th Congress of the Communist Party of China, President Hu Jin Tao announced that “On the basis of making China’s development much more balanced, coordinated and sustainable, we should double our 2010 GDP and per capita income for both urban and rural residents” He also mentioned …
New Chinese Leaders Should Burn Their Three Fires (1)
November 13, 2012
by Shujie Yao. “The traditional Chinese metaphor, which implies that new leaders must tend to three big things, or burn three fires, refers to the effort by new leaders to win the heart of the people and to distinguish themselves from their predecessors. The three fires for the new leaders emerging at the Party Congress …
China-Africa Trade Policies: An observation from economic geography
October 5, 2012
by Lauren Johnston. China became Africa’s largest trade partner in 2009. China is also a growing investor in the continent and an aid provider. Trade dwarfs and pre-dates other flows, and exceeded $100bn in 2011. As with earlier trade patterns, resources dominate Africa’s exports to China. Mining and fuel products comprised over 80 percent of …
Understanding China’s Housing Bubble and Shortage
July 27, 2012
By Shujie Yao. Had China’s real estate industry been developed properly in the last 15 years, there would not have been such a nasty bubble accompanied with a structural acute shortage that has become a huge hurdle for urbanisation, sustainable growth and improvement of people’s livelihood. There are three key factors responsible for the current …
Premier Wen Tells Leaders in South West China to Be Prepared for a Hard Time Ahead
July 19, 2012
by Shujie Yao. Slow GDP growth in the second quarter of 2012 has attracted serious debates in and outside China. Premier WEN Jiabao visited the south western provinces of the country, telling local officials that they have to be prepared for a hard time in the second half of the year and beyond. In fact, …
China’s GDP Growth Slows Down Sharply
July 16, 2012
by Shujie Yao. The National Bureau of Statistics just published its latest figures this morning, suggesting a sharp decline in China’s gross domestic product (GDP) growth. Dropping by another 0.5 percentage points in the second quarter from the first this year, a rate of growth at 7.6% is still high by international standards, but it …
Recent Comments