A Made In China Global Recession? Too much debt in China may trigger a global crisis WASHINGTON – After the disastrous 2008 global financial crisis triggered by crazy speculation in the US, the world has...
China Is Not A Market Economy The Chinese Government intervened to prevent a stock market crash in order to avoid political fallout WASHINGTON – The Chinese government’s reaction to the recent Shanghai and Shenzhen stock market crashes and ensuing panic provides...
How Bad Is The Chinese Economy? Recent central bank moves and stories from China point to a larger crisis WASHINGTON – China’s economy is sputtering. There are plenty of bad signs, beginning with slower growth, declining trade figures, and rising numbers...
Is China Cooking the Books On Economic Growth? Western economists challenge Beijing's figures. Growth is probably 5% or less, and not 7%, as stated by Beijing WASHINGTON – We all know that China’s economy is slowing down. No more 10% growth, year after year. Still,...
In China The Economy Is Still Run By The State The Economist magazine discussed economic reforms without even mentioning the Chinese Communist Party WASHINGTON – The highly regarded The Economist weekly magazine has a Leader (we call it Editorial in America) about...
No Real Economic Reforms In China The Communist Party needs to control the economy, in order to stay in power WASHINGTON – Former Treasury Secretary Henry Paulson, with all his government and Goldman Sachs private sector expertise, (he was...
China Facing Population Decline Now some Chineese women are allowed to have two children; but very few choose to do so WASHINGTON – It looks totally implausible, but China is facing the real danger of a declining population. Yes, with...
The End Of China’s Boom China could continue growing if it became an innovation society. But innovation requires freedom WASHINGTON – The China story has changed, quite a bit. Yesterday it was about relentless growth. Today it is...
China’s Bubble Coming To An End Stimuls led to over capacity. Too many steel mills, while unoccupied buildings indicate that the construction boom is over WASHINGTON – Here is the latest news from China. In the North West, several companies are going bankrupt. Some of...
No Independent Judiciary In China Trials are a formality. The police decide who is guilty, well in advance of any formal judicial indictment WASHINGTON – Western media are covering rather extensively the broad anti-corruption campaign now under way in China. Most recently,...