In previous years as provincial-level GDP data rolled in, China’s top leaders and provincial officials could take a certain satisfaction from the bountiful increases in wealth displayed therein. But were they to spend a bit more time with the data, such pleasure would likely lead to a state of confusion, if not consternation—the sums, quite literally, don’t add up. The total of provincial-level GDP has outstripped the national figure year after year, a problem that has only gotten worse over time. Consequently there has been a rise in the number of indicators that purport to give a true reflection of the situation.
Dating back to 1935, China’s system of five-year plans has long been dismissed as anachronistic, but it remains crucial to guidance of the economy
There are stark regional disparities between the inland and the coastal regions in China. Can the less-developed regions ever catch up with the coast?
Multinationals in China are coming under increased scrutiny due to allegations of tax evasion.
In 2014, China’s GDP grew at 7.4%, the slowest in the last 24 years. We take a look at China’s GDP as a proportion of global GDP over the years.
Why the cost of discrimination in terms of race, gender or sexual orientation is so high, and why prejudice makes us all poorer.
This week, there was fresh debate over whether China will overtake the US to become the largest economy in the world this year, the RMB inched one step closer to true internationalization, and all eyes were on Hong Kong to gauge the impact of the Occupy Central protests on the economy.
The week that was: Apple is making a comeback and beating Samsung in China; China has a debt-to-GDP ratio of a whopping 251%; and fast food giants find themselves battling a new food scandal. Will Apple eat Samsung’s pie? Although the earnings report of Apple’s third fiscal quarter of 2014 (Apple’s fiscal quarter runs from end […]
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 […]