China

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The World According to Xi Jinping Thought https://www.citivelocity.com/citigps/ReportSeries.action?recordId=67&linkId=45807450 Congress now behind us, the primary takeaway is that President Xi Jinping has cemented his role as the most powerful leader in China since President Mao Zedong. This will pave the way for him to extend his term beyond 2022 and put more weight on the economic…

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Bloomberg News, Jan. 26, 2017 Shrinking labor force would create a drag on consumption Lopsided population balance puts strain on economic growth The world’s most populous country is turning gray at an accelerating pace. That aging has big implications for China’s economic growth, which could be undermined as the labor force declines sharply from 2021…

A creaky tax system can make China an expensive place to produce things by Economist, Jan. 14, 2017 WHEN China was gripped by political turmoil in the 1960s and 1970s, Cao Dewang cut his teeth as an entrepreneur. Mao’s chaotic rule forced him out of school and he took to the street, a scrappy teenager…

http://www.ozy.com/acumen/the-us-is-beating-china-on-the-factory-floor-this-is-why/71321?utm_source=dd&utm_medium=email&utm_campaign=10182016&variable=52af57bdb25c500ad0fe628fd8cf4052 When you think of manufacturing megapowers, one country immediately springs to mind: China. After all, that nation has maintained the lead in the manufacturing horse race since 2010. But that’s about to change — and in as little as four years. Another horse is making a play for first place:

by Colin Simpson, April 25, 2016,http://www.bloomberg.com/news/articles/2016-04-24/china-s-white-collar-wages-outstrip-southeast-asian-salaries The labor cost advantage enjoyed by some Southeast Asian economies over China goes beyond factory jobs, according to a new study by Willis Towers Watson. Average base professional salaries in China are 1.9 to 2.2 times those of Vietnam and the Philippines, the study said.

China’s influence on the Philippine economy is limited enough for the Southeast Asian nation to have the guts to challenge it politically in a territorial spat most of its neighbors are not strong enough to stand for.

China’s economic slowdown is having a broader impact on the global economy than originally expected, especially on emerging markets, according to the International Monetary Fund

Aug 28 After a dizzying two weeks that saw a rapid plunge and rebound in equity prices, investors are looking forward to a week of economic data that may provide clarity on the likelihood of a near-term U.S. interest rate hike and help tamp down the market’s recent wild swings.

MANILA, Philippines – China continues to ignore calls to stop large-scale reclamation in the South China Sea while slamming the Group of Seven nations for being “out of step.” The G7 leaders issued a communiqué on Monday voicing opposition to Beijing’s large-scale reclamation and other coercive activities in the disputed waters.

How might other South China Sea claimants responds to China’s maritime strategy? China released its first white paper on military strategy at the end of last month. Issued by the State Council Information Office, the white paper outlines China’s strategy of “active defense,” and highlights four critical security domains: the ocean, outer space, cyberspace, and…

Can China Afford to Continue Its One Child Policy? Sitting in her neighbor’s, house playing cards, 58-year-old farmer Si Jinxin asks a question that is troubling millions of China’s workers: “What are we going to do when we’re old?”

China has driven global growth, which has averaged a paltry 3% a year since 2008. So the knock-on effects of a Chinese slowdown on the global economy would be significant. The OECD reckons a two-percentage-point decrease in the growth of Chinese domestic demand for two years would reduce world GDP by 0.3 percentage points a…

Manufacturers today are at a crossroads. One way is the business-as-usual approach based on the linear economy, in which goods are made to be used for a short time by consumers and then mostly dumped or incinerated. But with a growing world population and the emergence of billions of new consumers in the rising markets,…

(Reuters) – China’s economic growth picked up slightly in the second quarter as a burst of government stimulus paid dividends, but analysts said Beijing will likely need to offer more support to meet its annual growth target as the property market slows.

HANOI — Anti-China demonstrators set more than a dozen factories on fire in Vietnam, state media said yesterday, in an escalating backlash against Beijing’s deployment of an oil rig in contested waters.

WHY AFRAID?: China believes in the validity of its sovereign claim over shoals and islets in the West Philippines Sea. It insists on a one-on-one discussion to resolve territorial disputes with neighbors, while avowing friendship and peaceful intentions in dealing with the Philippines. It is a member of the United Nations and signatory to the…

At the start of the National People’s Congress, the Chinese government announced a substantial increase in their military spending and now, officials have declared war – that is, against pollution. Chinese Premier Li Keqiang himself has acknowledged that pollution has become a very big problem in his country and is threatening GDP growth, not to…

China lured less foreign direct investment than Southeast Asia’s biggest economies combined in 2013 amid faster wage growth and a shrinking labor force in the Communist country, according to Bank of America Merrill Lynch.

DALIAN, China — Japanese business people here tempered their New Year’s greetings with talk of the less-than-festive subject of “getting out,” underscoring a shared sense that soaring labor costs and a weaker yen have left little benefit to running plants in this northeastern port city.

Are high house prices hurting women more than men? CHINA’s communists attacked many bourgeois institutions after taking power in 1949. But marriage was not one of them. On the contrary, they enacted a marriage law in 1950, four years before they introduced a constitution. The pressure to marry remains heavy in today’s China, where almost…

China’s new leaders in Beijing China’s new leaders have vowed to boost growth and make it more inclusive China’s economy, the world’s second-largest, has slowed and performed worse than many analysts expected in the first three months of the year.

CHINA surpassed the US to become the world’s biggest trading nation last year as measured by the sum of exports and imports, a milestone in the Asian nation’s challenge to the US dominance in global commerce that emerged after the end of World War II in 1945.

Beijing — China will overtake the United States economically within six years, an official research institute predicts, and go on to become the world’s most important country in three decades more, state media said Wednesday.

BEIJING – China’s sovereign wealth fund will focus more of its $482-billion firepower on Asia in twin bids to beat a rise in protectionism in the West and boost exposure to rapid regional growth, chairman and chief executive Lou Jiwei said.

BEIJING—China’s economic model that delivered three decades of double-digit growth is running out of steam and the country’s next leaders face tough choices to keep incomes rising. But they don’t seem to have ambitious solutions. Even if they do, they will need to tackle entrenched interests with backing high in the Communist Party.

SHANGHAI/BEIJING – Some major Japanese brand-name firms announced factory shutdowns in China on Monday and urged expatriates to stay indoors ahead of what could be more angry protests over a territorial dispute between Asia’s two biggest economies.

The demonstrations against Japan have turned violent in some places There are fears over the economic impact of the dispute between China and Japan if the row over islands in the East China Sea is not resolved soon.