Shoppers visit a retail district in Beijing on November 10, ahead of Singles' Day. Photo: AP
Jay Xiao
Opinion

Opinion

Macroscope by Jay Xiao

Are China’s spenders borrowing their way into economic trouble? Far from it, actually

  • China’s household debt is less worrying than it looks. International comparisons show it is at a sustainable level in relation to GDP. Furthermore, young Chinese people are proving to be sensible consumers who are still saving

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Shoppers visit a retail district in Beijing on November 10, ahead of Singles' Day. Photo: AP
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US Trade Representative Robert Lighthizer and Chinese Vice-Premier Liu He chat at the Diaoyutai State Guesthouse in Beijing. Lighthizer, a lawyer with decades of experience in both international trade law and Republican politics, has long been a critic of Chinese trade practices. Photo: AFP
David Dodwell
Opinion

Opinion

Inside Out by David Dodwell

China isn’t gaming global trade through its industrial polices or ‘unique’ economic model – the problem is out-of-date WTO rules

  • There’s a myth that says China got a pass into the WTO, and has used state-owned enterprises to break the rules ever since. But those rules were written before the digital age, and perhaps the state role in the market needs to be reconsidered

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US Trade Representative Robert Lighthizer and Chinese Vice-Premier Liu He chat at the Diaoyutai State Guesthouse in Beijing. Lighthizer, a lawyer with decades of experience in both international trade law and Republican politics, has long been a critic of Chinese trade practices. Photo: AFP
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