Slow growth in the Chinese economy will put pressure on local governments’ ability to repay their debts.
China’s economic growth model has created a serious overcapacity problem that will continue to derail future growth unless tackled now.
One of many economic indicators, China’s imports continue to inch up, but only just.
This week, new data on the Chinese economy painted a bleak picture; the Shanghai Composite Index surged (again); and a Chinese company bought Segway.
This week, Shanghai brought the annual practice of fixing GDP growth targets into sharp focus by simply abandoning it; Alibaba and SAIC washed their dirty linen in public; and Apple posted record profits bolstered by Chinese fans of the iPhone 6.
This week, all eyes were on the 2014 China GDP figure, which at 7.4% was lower than the target of 7.5%; Tencent created a mini ad frenzy on WeChat; and LeTV’s electric car plans inched a step closer to fruition.
History shows that the world goes through cycles that repeat themselves. And from these cycles emerges the next superpower.
This week, China’s exports and imports data showed robust growth despite forecasts that were less rosy; and Alibaba’s financial arm Alipay got a makeover.
The popular notion is that state-owned enterprises are very powerful in China. To what extent is that true? Are fears of China’s state capitalism overblown?
Why the Germans, winners of the 2014 football World Cup, are so good at the other game the world cares about—business.