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China Economy

Reading Piketty in Peking: The Case Against Capitalist Inequality in Communist China

Ping Chen | Posted 06.30.2014 | World
Ping Chen

Piketty's concerns are relevant to the growing inequality in China that has resulted from adopting the neo-liberal capitalist model from the West. Hence, Piketty's reflection on mainstream Western economics indirectly treads a delicate ground in China. It fits right into the current raging debate over which path China's reformers should take in the next stage of "structural reform."

The Battle for Soft Power: America's Digital Cold War with China

Justin O’Connor | Posted 06.23.2014 | World
Justin O’Connor

Talk these days of the creative economy as soft power and a harbinger of world peace, ignores the huge struggles taking place between Google, Facebook no one hand and Baidu, We Chat, Tencent on the other, pitching the U.S. and China directly against each other in a cold digital war of online platforms, search engines and aggregation algorithms. It is very nice to assert the diversity of cultures in a globalized world. But this diversity is in reality dependent on some very hard issues of finance, intellectual property rights and communications infrastructures.

Are American Dreams Compatible With the China Dream?

J. Stapleton Roy | Posted 06.18.2014 | Politics
J. Stapleton Roy

Americans and Chinese, like peoples everywhere, have dreams. China's top leader, President Xi Jinping, frequently refers to the China dream of the great renewal of the Chinese nation.

Bill Gates Just Blew Our Minds In A Single Tweet

The Huffington Post | Mark Gongloff | Posted 06.13.2014 | Business

For the past several years, China has been building stuff at a mind-blowing pace. Just how mind-blowing? Here, let's let Bill Gates put it in perspect...

China's Experiment with Democracy

ChinaFile | Posted 05.28.2014 | World
ChinaFile

If we compare electoral competitive democracy with deliberative democracy, the former undermines one-party domination, so the [Chinese Communist] Party is afraid of it. But deliberative democracy lets people add their voices to concrete policies, which makes government more responsible and accountable, without challenging the CCP. That is one of the fundamental reasons the 18th Party Congress emphasized that deliberative democracy is important for China. It involves people in the decision making process but does not change the power structure.

Howard Fineman

9 Ways China Could Blow It

HuffingtonPost.com | Howard Fineman | Posted 05.27.2014 | Politics

SHANGHAI -- China’s officials and technocrats -- the latter in their 40s, with degrees from schools such as Stanford, Berkeley and Harvard -- exude ...

Howard Fineman

China Is Made For E-Commerce

HuffingtonPost.com | Howard Fineman | Posted 05.25.2014 | Politics

SHANGHAI -- People wonder what China will do for an economic encore after three decades of nuts-and-bolts industrial growth. But all you need to do is...

Households Need Fair Share of China's Growth

Keyu Jin | Posted 07.21.2014 | World
Keyu Jin

The global debate has focused on the rising inequality across individuals. But a different form of inequality has emerged in China -- the inequality between the household on the one hand, and the corporate sector and government on the other. For decades, China has been one of the fastest growing countries in the world, lifting hundreds of millions of people out of poverty. At a time when industrialized economies have seen greater inequality within countries, China's accumulation of wealth has contributed to a significant decline in global inequality. But exactly how much of the benefits of that growth has accrued to its rightful owners -- the Chinese households, the bedrock of society? Thus, the most pressing challenge for China's economic model is to release greater resources available for households.

Benjamin Bracher: Is China Following in Japan's Footsteps?

Southwestern University | Posted 07.20.2014 | College
Southwestern University

The question of China's economic growth in the coming years is more relevant now perhaps than ever before, as growth in the mature economies of the world has been slow to re-establish itself after the financial crisis of 2008-2009.

Howard Fineman

One Man And His Apps Take On China's Polluters

HuffingtonPost.com | Howard Fineman | Posted 05.19.2014 | Politics

BEIJING -- At lunch, a slightly built man named Ma Jun hunches over his iPad. The screen is cracked, but you can still see what he is showing you: a s...

Howard Fineman

Middle Kingdom In The Middle

HuffingtonPost.com | Howard Fineman | Posted 05.19.2014 | Politics

BEIJING -- Vladimir Putin is coming to China this week. So is Ban Ki-Moon, the secretary general of the United Nations. Not to mention Hassan Rouhani...

A Must Read to Understand Today's China

Ava Chien | Posted 07.16.2014 | Business
Ava Chien

Like all her works, Jung Chang's book about Dowager Empress Cixi is worth its weight in jade.

China as the World's Largest Economy: What Does It Mean?

Mark Weisbrot | Posted 07.05.2014 | Politics
Mark Weisbrot

China is a rising power, but the government does not seem to be interested in building an empire. Unlike the United States, which has hundreds of military bases throughout the globe, China doesn't have any.

China Rejects Sign It May Soon Be Largest Economy

AP | JOE McDONALD | Posted 05.02.2014 | World

BEIJING (AP) — China has rejected a World Bank report that suggests it might pass the United States this year to become the biggest economy measured...

China's War on Smog Will Put the Reins on Global Coal Demand

Jeffrey Rubin | Posted 06.24.2014 | Business
Jeffrey Rubin

Chinese citizens are angry about what's going into their lungs, while a recent government report says pollution has left 16 percent of the country's land unfit for use. Much of that pollution can be traced back to the billowing smoke stacks attached to China's fleet of coal-fired power plants.

Obama's Asian Pivot: A WorldPost Review

Nathan Gardels | Posted 06.22.2014 | World
Nathan Gardels

This week, U.S. President Barack Obama is visiting Asia to meet U.S. allies and assure them of America's backing as China rises to become the dominant power in the region. In light of the West's weak response to Putin's takeover of the Crimea, some Asian allies are concerned about whether the U.S. will stand steady in the event a conflict breaks out between one of its allies and China.

Bad News For China's Economy Could Have Global Ripples

AP | By JOE McDONALD | Posted 06.15.2014 | World

BEIJING (AP) — China's economic growth slowed further in the latest quarter but appeared strong enough to satisfy Chinese leaders who are trying to ...

Clean Energy Investment: Lower, but Looking Up

Phyllis Cuttino | Posted 07.10.2014 | Green
Phyllis Cuttino

Despite the decline in total investment, prices for renewable technologies continue to drop, making them increasingly competitive with conventional power sources.

China: Slower Growth, but a Bigger Economy

Steven Barnett | Posted 06.07.2014 | World
Steven Barnett

A bigger but somewhat slower growing China of the future will contribute about as much to global demand as the smaller but faster growing China of before. This is arithmetic: An economy that is twice as big can grow by half as much and contribute the same to global demand. By the way, China today is more than twice as big as it was a decade ago. So, the good news is, even with slower growth, China will continue to be an engine of global output. Indeed, an even bigger engine than before.

Helmut Schmidt: Japan Has No Friends In Asia. Neither Does China. Part II

Guancha.cn | Wang Hui | Posted 04.04.2014 | World

Recently, the Chinese scholar Wang Hui sat down for a conversation with Helmut Schmidt, Germany’s elder statesman, in Hamburg. Until 2007, Wa...

China Hits a Speed Bump

Jerry Jasinowski | Posted 05.18.2014 | Business
Jerry Jasinowski

The recent economic slowdown in China is rattling financial markets around the world, which is to be expected when the world's greatest economic growth engine begins to sputter after many years of steady double-digit growth.

China Moves to End Its Co-dependency with U.S.

Stephen Roach | Posted 05.07.2014 | World
Stephen Roach

China is locked on a course that will transform it from surplus saving to saving absorption -- no longer inclined to lend its capital to the United States but increasingly focused on putting its savings to work in building a social safety net and funding the wherewithal of its own populace. Long the world's ultimate producer, China is now determined to emerge as consumer, too.

China's Bad Emperor Problem

Francis Fukuyama | Posted 04.30.2014 | World
Francis Fukuyama

If you have competent and well-trained bureaucrats or well-educated technical professionals who are dedicated to public interest, this kind of government is better than democratic government in the short term. But there are no institutional rules limiting the power of a bad emperor. The last bad emperor commonly acknowledged as such was Mao Zedong. Such an individual can do far more damage to the society than a constitutionally and democratically constrained democratic leader.

China's Top Political Advisor Woos Spanish Senate to Ensure End of Tibet Lawsuit

Rebecca Novick | Posted 04.27.2014 | World
Rebecca Novick

With its pursuit of the Tibet case, the Spanish courts had sent a strong message to those who oppress with impunity. But it is now looking like Spain may well be out of daring altogether.

Mr. Roboto

Matthias Paul Kuhlmey | Posted 04.14.2014 | Business
Matthias Paul Kuhlmey

Cyclicality of labor costs and the integration of robotics into daily life are not experiences limited to emerging economies; instead, these are reflective of a global phenomenon with inherent limits to long-term job creation.