Tag Archives: Chinese economy

Full speech.World Economic Forum3 critical battles China is preparing to fightLiu He | Member, Political Bureau of CPC Central Committee; General Office Director, Central Leading Group for Financial and Economic Affairs Also In Davos, Alibaba founder and Executive Chairman Jack Ma spoke openly and at length about some of the key challenges facing the world, delivering a stream of perspectives and guidance. "To gain success a person will need high EQ; if you don't want to lose quickly...

Dragon-breath.  Calling Siegfried.Real Clear DefenseComing to Grips With a Rising China Ramon Marks

The numbers are astounding. Most people outside of China probably have no ideal what is happening and how quickly it is happening.Visual CapitalistChina’s Digital Wallets Offer a Glimpse at the Future of PaymentsNick Routley

Given its own policies, and those of the US, China is on track to become the world’s innovation leader. By the end of 2018, it will likely be apparent to all just how quickly and easily this latest chapter in the Chinese success story will be written. China poised to leapfrog the West? Project SyndicateChina, the Innovation Dragon Simon Johnson, former chief economist of the IMF, is a professor at MIT Sloan, a senior fellow at the Peterson Institute for International Economics, and...

It’s way past time to stop calling China the world’s factory.The country is increasingly the world’s consumer. Forget the old investment and export-focused growth model. Even more important is the changing nature of consumption, which no longer revolve around staples: Increasing sums are being plowed into movies, tourism and health care. Investors ignore this seismic shift at their peril.... The dragon is waking up.Bloomberg View Chinese Consumers Now Rule the World. Get Used to It. Tracy...

Will the 21st century be the Asian century? The growing importance of Asia's major economies will continue in 2018 and beyond, according to a league table that sees the region dominating in terms of size in just over a decade. The report by the Centre for Economics and Business Research in London sees India leapfrogging the UK and France next year to become the world's fifth-biggest economy in dollar terms. It will advance to third place by 2027, moving ahead of Germany. In 2032, three of...

China needs a quick injection of MMT. Follow Russia's lead and float that sucker.Zero HedgeChina Unveils Plan To Combat Trump Tax Reform: “We’ll Have Tough Battles" Tyler Durden

The GDP growth target for next year might be set at 6.5 percent amid China's transition from high-speed growth to high-quality growth, Securities Daily reported Monday, citing a partner with Ruihua Certified Public Accountants.... Jiang Chao, chief economist with Haitong Securities, said that high-quality growth means that high-speed growth will not be a goal anymore and the target for economic growth rate in 2018 will still be downplayed and the country will not go back to...

The essential feature of the economy at the present stage is that it is in a transitional period from a phase of rapid growth to a stage of high-quality development, Xi said.  He said from the present through the coming period, high-quality development is the fundamental requirement in determining development ideas, formulating economic policies and implementing macro-control measures. "Achieving high-quality development is imperative for China to maintain sustainable and healthy...

The global financial media are always on the lookout for signs of an impending financial crisis in China – and the dark prognostications about the future made by several external observers relate to both internal and external financial flows. But there are reasons to believe that both concerns may be overplayed, and that what is occurring especially with respect to cross-border flows is a much more complex process reflecting a medium-term plan of the Chinese state, in accordance with its...