China‘s July Factory Inflation Slows but Consumer Prices Accelerate

CNBC
The July inflation data is the first official reading on the impact on prices from China‘s retaliatory tariffs on $34 billion of U.S. goods that went into effect on July 6 and apply to a range of products from soybeans, to mixed nuts and whiskey.

Inflation in China Is Heating Up Fast

David Scutt
Business Insider
Chinese inflationary pressures went up a cog in January, led by another enormous surge in producer price inflation (PPI). 

China Rethinks Its Alliance With Reeling Venezuela

Kejal Vyas
Wall Street Journal
Concerns prompted emergency meetings between the Chinese envoy and state companies.

China Lending Inflates Real Estate, Stocks, Even Egg Futures

Neil Gough
New York Times
China is pouring hundreds of billions of dollars into its economy in a new effort to support growth.

Media

01.22.15

Xi Jinping’s Pay Raise

Alexa Olesen
It just got slightly less difficult to be a clean Chinese official. State media reported on January 20 that Chinese civil servants had received their first pay raise in ten years, a move that includes a 60 percent bump for President Xi Jinping and...

How China Added $1 Trillion to its Economy by Fudging Data

Tim Fernholz
Quartz
China’s economy could be $1 trillion smaller than it says. A professor at Peking University lays out the case in a new working paper that finds some very strange patterns in China’s official statistics. A professor at...

Caixin Media

03.23.13

China’s Economic Policymakers Turning a Page

Written into the script for China’s once-in-a-decade leadership shuffle, confirmed at the recently concluded National People’s Congress, are macroeconomic policies for the new government that plot a course for future growth.The policy book has...

Debunking the China Myth

Yves Smith
Naked Capitalism
But even in the cases where the outsourcing cost savings were significant, the idea that American wages were way out of line with Chinese wages and the only future for American workers was grinding wages lower and lower to compete with China has...

Rising Soybean Oil Prices Threaten Social Fallout in China

David Pierson
Los Angeles Times
The worst U.S. drought in half a century is sending global grain prices soaring. The fallout is almost certain to be felt at dinner tables across China. The No. 1 foreign buyer of American soybeans, which are pressed into cooking oil and used for...

Caixin Media

08.02.12

Landlords of the Rings Push Urban Rents Higher

A twenty-six-year-old woman who moved to Beijing from a distant town for work could be a poster child for urban China’s latest housing market phenomenon: skyrocketing rents.The woman, surnamed Fang, said goodbye to Liaoning province three years ago...

A Hard Landing?

JONATHAN R. LAING
Barron’s
After three decades of annual growth averaging 10%, China's bullet-train economy is slowing markedly. Economic problems in Europe and the U.S. are stunting export growth, long the primary driver of China's economic miracle. Growth in...

Is the Chinese Economy Running Out of Steam

Evan Osnos
New Yorker
John King Fairbank, the father of Chinese studies in America, once described China as a “journalist’s dream and a statistician’s nightmare, with more human drama and fewer verifiable facts per square mile than anywhere else in the world.” These days...

Books

04.13.12

The End of Cheap China

Shaun Rein
Many Americans know China for manufacturing cheap products, thanks largely to the country's vast supply of low-cost workers. But China is changing, and the glut of cheap labor that has made everyday low prices possible is drying up as the Chinese people seek not to make iPhones, but to buy them. Shaun Rein, Founder of the China Market Research Group, puts China's continuing transformation from producer to large-scale consumer - a process that is farther along than most economists think - under the microscope, examining eight megatrends that are catalyzing change in China and posing threats to Americans' consumption-driven way of life. Rein takes an engaging and informative approach to examining the extraordinary changes taking place across all levels of Chinese society, talking to everyone from Chinese billionaires and senior government officials to poor migrant workers and even prostitutes. He draws on personal stories and experiences from living in China since the 1990s as well as hard economic data. Each chapter focuses on a different aspect of China's transformation, from fast-improving Chinese companies to confident, optimistic Chinese women to the role of China's government, and at the end breaks down key lessons for readers to take away.  —John Wiley & Sons, Inc.

Reports

07.27.11

China’s Macroeconomic Rebalancing

International Monetary Fund (IMF)
In May and June 2011, an International Monetary Fund staff team held discussions in Chengdu, Shanghai, and Beijing, which this report documents. The consultation examined China’s macroeconomic outlook, the potential for a property price bubble, the...

Sinica Podcast

01.07.11

China 2010—Year in Review

Kaiser Kuo, Jeremy Goldkorn & more from Sinica Podcast
This week we take a look back at China in 2010, revisiting some of the biggest stories we covered and discussing a few we missed. With Kaiser Kuo hosting the discussion as usual, our guests in the studio include Sinica stalwarts and regulars Jeremy...

Reports

09.01.10

Price Dynamics in China

Nathan Porter
International Monetary Fund (IMF)
Chinese inflation, particularly non-food inflation, has been surprisingly modest in recent years. The author finds that supply factors, including those captured through upstream foreign commodity and producer prices, have been important drivers of...

Reports

11.01.09

Macroeconomic Implications for Hong Kong SAR of Accommodative U.S. Monetary Policy

Papa N'Diaye
International Monetary Fund (IMF)
This paper discusses the potential macroeconomic implications for Hong Kong SAR of accommodative monetary policy in the United States. It shows, through model simulations, that a resumption of the credit channel in Hong Kong SAR has the potential to...

Reports

07.21.08

China’s “Hot Money” Problems

Michael F. Martin, Wayne M. Morrison
Peony Lui
Congressional Research Service
China has experienced a sharp rise in the inflow of so-called “hot money,” foreign capital entering the country supposedly seeking short-term profits, especially in 2008. Chinese estimates of the amount of “hot money” in China vary from $500 billion...

Reports

05.01.06

A Framework for Independent Monetary Policy in China

Marvin Goodfriend and Eswar Prasad
International Monetary Fund (IMF)
As China's economy becomes more market-based and continues its rapid integration into the global economy, having an independent and effective monetary policy regime oriented to domestic objectives will become increasingly important...

Reports

02.01.06

Does Inflation in China Affect the United States and Japan?

Tarhan Feyzioglu and Luke Willard
International Monetary Fund (IMF)
With China's share in global trade increasing rapidly, some argued in 2002-03 that China was exporting deflation to other countries as it was dumping cheap goods in mature markets. Later, others argued that China was sucking in commodities and...