China Economy

4 Mar 2013

Speaking on the sidelines of the opening session of the Chinese People's Political Consultative Conference, deputy central bank governor Yi Gang said the mainland's inflation rate will rise "...

Signs of nightmare scenario in China's latest economic data

4 Mar 2013

With the euro zone sunk in recession and high unemployment in the United States depressing household consumption, weak international demand weighs heavily on China's export sector.

China services growth slows to five-month low

3 Mar 2013

Growth in China’s increasingly important services sector expanded at its slowest pace in five months in February, reinforcing the view that the recovery in the world’s second-largest economy...

China monetary tightening pressure eases off

3 Mar 2013

Pressure on Beijing to tighten monetary policy and macroeconomic controls is easing as inflation will be "relatively low" this month due to slowing food-price gains, central bank adviser Song...

Local government plans signal robust investment

2 Mar 2013

The mainland economy may continue to rely on investments this year, going by the development goals laid out by leaders from more than 30 provinces and municipalities.

Opinion

Wang Xiangwei

Super ministries may not be the right answer for mainland China

Alex Lo

Church developers remain unbowed by government rules

George Chen

A house is not a home until it becomes affordable

Reformist wealth fund boss Lou Jiwei next finance minister

Government sources said Lou, 62, would replace Xie Xuren to lead fiscal policy after the National People's Congress (NPC), which opens on Tuesday. The decision comes after Communist Party bosses...

China targets quality expansion

Almost half of the mainland provinces are setting their growth sights lower in the wake of the central government's emphasis on the quality of expansion over speed, a sign of an increased focus on...

China must avoid creating more problems with action on overcapacity

At the Central Economic Work Conference late last year, overcapacity was highlighted as a problem prioritised for action this year. So, just before the Lunar New Year, 12 ministries and state...

The origins of China's economic ideology

Set forth in the 1891 encyclical Rerum Novarum, corporatism became the most influential ethically motivated intervention into economics in modern history. It still shapes constitutions, laws and...

LEADER

Beijing wise to keep its central banker

News that central bank governor Zhou Xiaochuan will stay in his post despite reaching the mandatory retirement age of 65 should be welcomed in China and overseas. It would be hard to name another...

REGULATION

New rule to boost A shares, cross-border flows

The China Securities Regulatory Commission is expected to unveil in the near future a new rule governing the opening of A-share trading accounts, which will, for the first time, define residents...