Why China could never sign on to the Trans-Pacific Partnership

Written by Bala Ramasamy. Recent estimates show that most members of the Trans-Pacific Partnership will make substantial gains, unlike those who opt not to participate. US annual real income is expected to increase by 0.5% of GDP while annual exports will increase by 9.1%. Exports of Japan, Vietnam and Malaysia are expected to increase by …

Buyer Beware! Art Market and Fakes in China

Written by James C. S. Lin. In the past decade China has become the second largest economy in the world. The number of Chinese billionaires is increasing rapidly. Chinese invest heavily in the art market, their purchases regularly breaking records; it is very difficult to ignore this kind of news. Property, the stock market and …

From disdain to greater interests: China and the rest of the world.

Written by Daouda Cissé. China is at the heart of the world economy. China’s economy has never been more strongly connected to the global economy than today. Increasingly, China’s economic success or downturn has impact on the global economy. China’s impact on the current crisis of the global commodity market and the recent turmoil in the …

Why doesn’t China want any more ‘weird’ buildings?

Written by Yue Zhuang and Feng Qing. The Chinese State Council is seeking to curtail the construction of “oversized, xenocentric, weird” architecture. This kind of “weird” architecture first appeared in China after further economic liberalisationin the 1990s. Today, examples include the National Theatre, the Olympic Centre and the China Central Television Tower, among many others. As …

G20 finance chiefs meet as China seeks to make a show of its presidency

Written by Peter Williamson. The last time G20 finance ministers met in China back in 2005, the country was the world’s fifth-largest economy. As the next two-day meeting begins, with China as president, it lies in second spot, having overtaken several other G20 members: first the UK, then Germany, and most recently Japan. With US …

The Great Fall of China? Insights from a China bull

Written by James Laurenceson. If China-economy watchers must be labelled as either bulls or bears, I usually identify as the former. For all the dire headlines, the facts are that the volume of purchasing power being added to China’s economy continues to be the same as in the past (in fact, its increased) and in …

China’s greatest challenge will be escaping the middle income trap

Written by Peter Robertson and Longfeng Ye. China’s slower growth figures have caused jitters in world financial markets. Nevertheless its growth remains at miracle levels. At this pace, China would appear to remain on track to become the richest and most powerful country in the world, bar none. In a scenario where Chinese “miracle” growth continues …

What’s going on with China’s economy?

Written by Kamel Mellahi. China has posted its lowest annual GDP growth since 1990. The slowdown is seen as a major concern for some investors, but against a backdrop of disappointing consumer spending, intensifying deflationary pressures, tepid export growth, and a stock market that looks out of control, 6.9% growth was expected for 2015. It’s …

China’s 6.9% GDP growth rate is not the hard landing feared

Written by James Laurenceson. After a rocky few weeks for financial markets, China’s latest economic data release comes as a relief. GDP was up 6.9% in 2015, right in line with survey expectations. Any talk about this being the slowest pace of growth in 25 years is off the mark. China’s economy is much bigger …

How Chinese mix of frugality and risk-taking is driving global stock markets wild

Written by Farok J. Contractor. Plunging Chinese stocks have been sending worsening ripples across global markets all year, prompting fears of spillovers and recessions. China’s Shanghai Composite Index lost 8 percent last week alone and is down more than 20 percent since a recent high in December, putting it in bear-market territory. That slide and …