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04.17.15China Raises Red Flag on Its Stock Markets
Wall Street Journal
Regulator warns investors not to borrow money or sell property to buy shares.
ChinaFile Recommends
04.15.15China’s G.D.P. Slows to 7 Percent, the Weakest Rate Since 2009
New York Times
China’s G.D.P. Slows to 7 Percent, the Weakest Rate Since 2009
Caixin Media
03.30.15
Plan for Next Five Years Must Free Up Disposable Income
The government's 12th Five-Year Plan concludes this year, and work on drafting the 13th will begin soon.Which way will China turn? In its work report to legislators at the National People's Congress meeting in March, the government pledged...
Infographics
01.09.15
Think Renting in Your City is Bad? Try Beijing
from Sohu
Compared with the numbers of a few years ago, first and second tier cities in China have an oversupply of stock on the housing market. Additionally, restrictions on multiple-home purchases are easing and “expected to be eased completely,” according...
Infographics
10.23.13
To Save or Not to Save
from Sohu
China is known for saving money, and as the country has become wealthier, the household saving rate has increased. China’s personal saving rate has risen steadily since the mid-90s and now exceeds 50%, much higher than Germany’s 10%—considered high...
Reports
03.28.13
China’s Demography and its Implications
Luo Xiaoyuan
International Monetary Fund (IMF)
In coming decades, China will undergo a notable demographic transformation, with its old-age dependency ratio doubling to 24 percent by 2030 and rising even more precipitously thereafter. This paper uses the permanent income hypothesis to reassess...
Caixin Media
07.18.12Financial Reform Has Only Begun
The Chinese economy’s rapid growth over the past thirty years has fundamentally changed global economic structures. But our achievements have come at a price: We have run up against hard limits in many areas, including factor investment costs and...
Reports
12.01.10
Income Uncertainty and Household Savings in China
International Monetary Fund (IMF)
China’s household saving rate has increased markedly since the mid-1990s and the age-savings profile has become U-shaped. The authors find that rising income uncertainty and pension reforms help explain both of these phenomena. Using a panel of...
Reports
01.01.10
China: Does Government Health and Education Spending Boost Consumption?
International Monetary Fund (IMF)
Consumption in China is unusually low and has continued to decline as a share of GDP over the past decade. A key policy question is how to reverse this trend, and rebalance growth away from reliance on exports and investment and toward consumption...
Reports
06.01.08
Why Are Saving Rates of Urban Households in China Rising?
International Monetary Fund (IMF)
From 1995 to 2005, the average urban household saving rate in China rose by 7 percentage points, to ¼ of disposable income. The authors use household-level data to explain the postponing of consumption despite rapid income growth. Saving rates have...
Reports
07.01.07
Explaining China's Low Consumption: The Neglected Role of Household Income
International Monetary Fund (IMF)
The Chinese government has recently focused on the need to increase consumption to rebalance the economy. A widely held view is that despite China's remarkably high growth, the share of consumption in total expenditure has been low and...