China Economics Blog

 According to the FT, China's economic miracle is under threat from a slowing economy and a dwindling labour force.   Apologies for the long absence in posting - my main social media engag...

http://china-economics-blog.blogspot.com/2016/03/the-end-of-chinese-miracle-ft.html

Useful post from Sinograduate . Click the link to see expanded descriptions of each point. Conducting Field Work in China > If you’re a masters or Ph.D. student conducting social s...

http://china-economics-blog.blogspot.com/2014/05/conducting-field-work-in-china.html

Research paper. Impacts on all aspects of research on the Chinese economy. WHAT SHOULD ECONOMISTS KNOW ABOUT THE CURRENT CHINESE HUKOU SYSTEM?  Yang Son ABSTRACT This article explains ...

http://china-economics-blog.blogspot.com/2014/05/what-should-economists-know-about.html

Could China internationalise the RMB? This paper examines the case for China and concludes it is not there yet.  How long?  Perhaps not as long as you might expect.  Obstacles in China have ...

http://china-economics-blog.blogspot.com/2014/05/are-chinas-financial-markets-deep-and.html

For some reason I find this figure interesting.

http://china-economics-blog.blogspot.com/2014/04/image-of-day.html

Rebalancing hinges on China increasing consumption.  It has long been acknowledged that the Hukou system is an institutional blockage on consumption driven rebalancing.  This new working paper ...

http://china-economics-blog.blogspot.com/2014/04/understanding-chinese-consumption.html

Research paper by McKinnon and Schnabl (CESifo).  I agree with the sentiment expressed in this paper.  Internationalization of the RMB will be a massive challenge with plenty of pitfalls along ...

http://china-economics-blog.blogspot.com/2014/04/the-conflicted-emergence-of-renminbi-as.html

Nice little IMF article. http://blog-imfdirect.imf.org/2014/03/26/china-size-matters/ "HOW BIG IS CHINA?    > Big. China is the world’s second largest economy. Based on PPP > e...

http://china-economics-blog.blogspot.com/2014/03/china-size-matters.html

WSJ reports that Chinese state owned banks have let a company default.  This might be the first company default and whilst seemingly bad news (certainly for investors in Shanghai Chaori) it show...

http://china-economics-blog.blogspot.com/2014/03/chinese-capitalism-first-default-on.html

I can only agree that the road ahead will be long and bumpy.  Capital controls are key.  London stands to benefit from internationalisation but there will be increased competition for this bus...

http://china-economics-blog.blogspot.com/2014/02/research-paper-how-far-can-renminbi.html

China economics blog always keeps an eye on trade.  The Opium wars are a fascinating case study.  A recent article provides an interesting reminder of the issues. OLD TIME FARM CRIME: THE OPI...

http://china-economics-blog.blogspot.com/2014/02/opium-wars-trade-and-precious-metals.html

China is currently getting a bad rap.  Everyone from this blog to Robert Peston's documentary are highlighting doom and gloom ahead.  This recent Bloomberg piece suggests there is some light at...

http://china-economics-blog.blogspot.com/2014/02/china-rebalancing-rural-income-rises.html

CHINA ECONOMIC WATCH ARTICLE. THERE ARE WARNING SIGNS WRITTEN ALL OVER THE CHINESE ECONOMY AT THE MOMENT. MEET CHINA’S BIGGEST SHADOW BANK THE PETERSON INSTITUTE FOR INTERNATIONAL ECONOMIC...

http://china-economics-blog.blogspot.com/2014/02/scared-of-shadows-you-should-be-chinas.html

The Telegraph do a good global crisis story. My BOLD. It appears that Chinese firms have been borrowing a lot of foreign money.  The question is why given they have enough money of their own (...

http://china-economics-blog.blogspot.com/2014/02/china-currency-crisis-to-cause-global.html

IMF paper: Urban inflation in China was pro-poor.  Given rising inequality this is a ray of sunshine. It is interesting to note that consumption growth is put at 6.8% a year at a time when off...

http://china-economics-blog.blogspot.com/2014/01/paper-consumption-based-estimates-of.html

I can never resit a good play on words and a fine sets of images from Shanghaist. As someone who has spent sometime in Wuhan this comes as no particular surprise. The flavor must be something to...

http://china-economics-blog.blogspot.com/2014/01/air-pork-alypse.html

Interesting paper in the most recent Review of Development Economics.  Historically, guns and growth have been close companions. THE GROWTH AND DECLINE OF THE MODERN SECTOR AND THE MERCHANT CL...

http://china-economics-blog.blogspot.com/2014/01/journal-article.html

The guys over at Zero hedge warn it might. MEGA DEFAULT ahead?  A classic dismal scientist story. As an economist it is always interesting and useful to read "the worst case" scenario articles...

http://china-economics-blog.blogspot.com/2014/01/will-chinas-23-trillion-credit-bubble.html

An open secret is that large numbers of Chinese have assets outside of the country and money is leaving China at a significant rate.  Now CBCnew have written a nice article on the subject that i...

http://china-economics-blog.blogspot.com/2014/01/chinas-elite-and-their-offhshore-assets.html

The future of China depends to large extent to some degree of structural re balancing.  Export driven growth will be harder to achieve in a sluggish global economy.  This new IMF working paper...

http://china-economics-blog.blogspot.com/2014/01/academic-paper-sector-level.html

New IMF working paper.  Local government "issues" are a key element of China's future success (or failure).  Bad debts and poor investment decisions need careful examination.  Land to sell is ...

http://china-economics-blog.blogspot.com/2014/01/academic-paper-local-government.html

Lauren Johnston explains "the Middle Dream" on the China Policy Institute Blog. Link .  A small flavour. > Soon after becoming Chinese President in November 2012 Xi Jinping > spok...

http://china-economics-blog.blogspot.com/2014/01/the-middle-dream.html

Academic paper published in the most recent issue of World Economy. Will the Renminbi Emerge as an International Reserve Currency? ABSTRACT > THE GLOBAL RESERVE SYSTEM CAN BE STRENGT...

http://china-economics-blog.blogspot.com/2014/01/will-renminbi-emerge-as-international.html

Bloomberg give an impressively bleak outlook on China.  Link . The key is the "debt" - this is a real problem.  Patrick Chovanec does a great job. My BOLD.  I have real concerns about a liq...

http://china-economics-blog.blogspot.com/2014/01/chinas-runnaway-train-out-of-track-of.html

China approved the construction of more than 100 million tonnes of new coal production capacity in 2013 – six times more than a year earlier. Reuters Link .  Airmageddon! The problem is of c...

http://china-economics-blog.blogspot.com/2014/01/chinas-coal-boom.html