https://www.scmp.com/rss/320151/feed en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com At the annual meeting of China’s parliament last week, it was announced that the country would maintain its growth target at about 6.5 per cent in 2018 while targeting “high-quality growth” and containing financial risks. It seems that worries about slowing growth have receded. Chinese growth is hovering between 6.5 per cent and 7 per cent, but economists see it decelerating to closer to 6 per cent in the coming years. Will China’s growth slow so much that it never becomes a wealthy nation? The... https://www.scmp.com/comment/insight-opinion/article/2137279/will-china-ever-get-rich-only-if-it-tackles-state-ownership?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/article/2137279/will-china-ever-get-rich-only-if-it-tackles-state-ownership?utm_source=rss_feed Fri, 16 Mar 2018 03:04:23 +0000 As Beijing’s influence in the global economy grows and Washington’s clout recedes under its “America First” policy, political fallouts similar to that between China and Australia are to be expected. Even before President Donald Trump’s presidency, China was making strides as a world power. The “Belt and Road Initiative”, in which Beijing plans to invest US$1 trillion in the next five years in a New Silk Road that will involve the building of infrastructure across some 65 countries, revealed its... https://www.scmp.com/week-asia/opinion/article/2124546/chinas-fallout-australia-tip-iceberg?utm_source=rss_feed https://www.scmp.com/week-asia/opinion/article/2124546/chinas-fallout-australia-tip-iceberg?utm_source=rss_feed Sat, 16 Dec 2017 06:48:46 +0000 China's stock market plunged yet again this week, and the roller-coaster ride is far from over. In fact, China's stock market is more like a casino than an amusement-park attraction. Retail investors account for 85 per cent of the transactions, in contrast with other major markets, where institutional investors - with their relative abundance of information - are the biggest traders. The result, no surprise, is an extremely volatile market, in which rumour and emotion play an outsize role in... https://www.scmp.com/comment/insight-opinion/article/1845416/chinas-stock-market-must-liberalise-curb-volatility?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/article/1845416/chinas-stock-market-must-liberalise-curb-volatility?utm_source=rss_feed Fri, 31 Jul 2015 02:17:00 +0000