https://www.scmp.com/rss/300339/feed Qu Hongbin is the chief China economist and co-head of Asia economics research at HSBC en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com There are growing concerns that China’s shrinking workforce will have a negative impact on the country’s long-term growth. However, these worries are overblown, as better-educated and more productive workers are replacing the retirees. China’s latest census results have confirmed that the population is growing more slowly and ageing faster, while the size of the labour force is decreasing. But the survey also established that China’s stock of human capital has continued to grow – and is likely... https://www.scmp.com/comment/opinion/article/3134100/yes-chinas-workforce-shrinking-its-also-much-smarter-and-more?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3134100/yes-chinas-workforce-shrinking-its-also-much-smarter-and-more?utm_source=rss_feed Fri, 21 May 2021 19:30:13 +0000 As 2014 draws to a close, what would a report card for China's policymakers look like? Growth takes most of the attention, but it is on inflation where the authorities have missed their target by a proportionally wider margin. This disinflation is likely to continue, and we forecast consumer inflation to stay below 2 per cent next year and in 2016. Whatever the gross domestic product growth in 2014 turns out to be, it won't be far away from the government's 7.5 per cent target. It can... https://www.scmp.com/comment/article/1670488/price-rises-slow-china-must-beware-problem-low-expectations?utm_source=rss_feed https://www.scmp.com/comment/article/1670488/price-rises-slow-china-must-beware-problem-low-expectations?utm_source=rss_feed Mon, 29 Dec 2014 10:00:12 +0000 China is no longer just the world's biggest factory - it is the biggest factor in many parts of the global economy. "Made in China" is now being matched by "Bought by China" as the country's tourists, consumers and companies purchase more products, services, commodities and properties in other parts of the world. Even as Western nations have succumbed to debt-induced slumber, China's continued expansion has dramatically improved economic prospects elsewhere in the world: some of its closest... https://www.scmp.com/comment/insight-opinion/article/1200364/goal-yuan-convertibility-within-reach?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/article/1200364/goal-yuan-convertibility-within-reach?utm_source=rss_feed Tue, 26 Mar 2013 16:00:00 +0000