Company transparency could help overcome resistance to environmental action in China

Written by Alice de Jonge. China’s existing level of environmental damage is imposing a huge economic burden on its chances for growth. It’s the need for transparency and accountability in tackling these environmental problems, not the technical aspects of new green technology, or new financial instruments, that will determine its economic future. If the Australian …

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 …

China’s plan to be first to far side of the moon could unveil inner lunar secrets

Written by David Rothery. China’s space agency has announced plans to become the first to land on the far side of the moon, which is always hidden from us – a tricky task given that it is not possible to communicate directly with Earth from there. But if successful, the mission could shed light on …

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 …

How will Beijing respond to a Tsai presidency?

Written by Pascal Abb. On January 16, Taiwanese voters are widely expected to effect the third change in government since the R.O.C.’s full democratization, with the main open questions being the exact margin of DPP candidate Tsai Ing-wen’s victory, the order in which her two opponents from within the pan-blue camp will place, and most …

How China’s Huawei is taking on Samsung and Apple

Written by Mark Skilton. Chinese telecoms giant Huawei posted an eye-popping 70% growth in 2015. It is now beating HTC and Sony when it comes to market share in Europe and is third only to Apple and Samsung when it comes to global smartphone sales. Huawei’s growth is another indication of how Chinese companies are …

China’s currency plan still on track, despite global market volatility

Written by Kathleen Walsh. The recent equity market volatility in China is unlikely to derail plans for the internationalisation of the Renminbi (RMB). Why? Because China is too far down the track, most of the changes needed are for domestic reasons and the market “hiccups” are merely a sign of a new stock market finding …

Capitalism with Chinese characteristics

Written by Mark Beeson. Capitalism is, as the Marxists used to say, full of contradictions. It may well be the greatest wealth-generating machine ever invented. But it is famously volatile, unpredictable and prone to cyclical booms and busts – just ask West Australian Premier Colin Barnett. But while political leaders in countries like Australia may …