Economic Systems

'Roadmap' rolled out to reform public institutions

17 Apr 2012

The central government has issued a roadmap for reforming public institutions - a large and diverse sector that is a remnant of the planned-economy era - to deepen its now decades-old market-...

12:47PM

Depositors lament profits of doom

16 Apr 2012

Fat profits at financial institutions have led to banker bashing around the world, and China is no exception.

While US and European bankers draw criticism for collecting bonuses...

12:44PM

Non-bank credit growth slips 4.6pc

16 Jul 2011

Social financing, a measure of new credit growth, for the first half dropped 4.67 per cent to 7.76 trillion yuan (HK$9.33 trillion) year on year, in what analysts say is proof that tightening...

2:55PM

Is plutocracy the real face of capitalism?

5 Jul 2011

Which is the future? Free-market capitalism or state-run capitalism? That was the burning question supposedly posed by the western financial crisis.

2:03PM

Foreign banks play down rivalry

23 Jun 2011

Foreign banks say domestic Chinese banks are posing less of a competitive threat than before, according to a PricewaterhouseCoopers annual survey of 42 foreign banks operating in China.

1:05PM

Fair exchange

15 Nov 2007

Money is no longer the only currency in trading. This is becoming clearer as community-oriented co-operatives strive to restore the self-esteem of underprivileged people and improve their living...

11:01AM

Opinion

The 1-2 punch heard around the world

5:37PM

Wang Xiangwei

Placating graduates a work in progress

2 comments

5:24AM

Strong aspirations to own homes a key to the strength of the market

Chris Brooke, property analyst

4:08PM

Planning essential to economy: expert

Economist believes reforms alone will not fix market failures

Market-oriented reforms must not override state planning because it is a remedy for market failures, including the...

11:54AM

Changes needed in age of consumerism

Universities will need to extensively reinvent themselves if they are to survive in the cut-throat world of the new millennium, according to one Korean academic.

11:36PM

Investment blueprint just the first step

In the ongoing process of transforming the mainland's state-dominated economy into a free-market system, the central government faces several fundamental challenges.

9:38AM

Let market forces reign again, say economists

Economy has had enough of the 'strong medicine' of government intervention to cool overheating, they claim

Market forces should be allowed a larger role in regulating the economy now...

8:45AM

Opening the door to economic freedom

The gradual relaxation of state controls has increased economic freedom in mainland China. In 1980, it rated very low on the Fraser Institute's economic freedom of the world index, achieving only...

1:31AM