China’s economic growth over the past few decades has impressed the world. But the world’s second largest economy now faces a difficult transformation: from relying on exports and investments to developing domestic demand. That’s not easy. Government-led stimulus is only a temporary solution and only looked reasonable in the first few years after the recent global financial crisis. In fact, the main problem facing the Chinese economy has been the weak demand in domestic market which manifested clearly in 2006, and became more obvious when growth slowed down.
Slow growth in the Chinese economy will put pressure on local governments’ ability to repay their debts.
The RMB exchange rate is caught between two powerful forces: the surging Dollar and China’s rising power.
Big data has made its way to China and has been eagerly adopted by the countryʼs tech giants. Does it stand to revolutionize business?
A year on from its debut, we examine the hits and the misses of the much-touted Shanghai Free Trade Zone.
The long awaited Shanghai-Hong Kong Stock Connect Program is finally here. But is it living up to its lofty goals?
This week, we saw the debut of Alibaba’s bonds, the new China-Australia FTA, and China’s factory output shrank thanks to the APEC conference.
This week, the HSBC PMI showed an uptick in China’s manufacturing activity; news of the possibility of an RMB clearing house in Toronto made waves; and Alibaba posted strong second quarter results.
China’s capital account liberalization and the new normal. Strolling through Hong Kong Central district at the junction of Garden Road and Queens Road Central, passers-by may not realize that they are at the epicenter of the next big step in global finance. Aside from remnant colonial buildings the architecture is 21st century urban, with signature […]
The week that was: Qihoo 360 heads to Silicon Valley to fund start-ups; CCTV’s latest smear campaign targets Bank of China; China’s trade numbers look up; and electric cars may get cheaper. Qihoo 360 launches its VC Fund in Silicon Valley Qihoo 360, an internet security firm based in Beijing, has just set up a venture […]