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An online nationalist wins popular support for his lawsuit against Nobel winner Mo Yan, demanding the removal of the writer's books from circulation and RMB 1.5 billion in damages.

If you were wondering why FDI inflows had sharply decreased, why consumers were wary of spending, part of the reason might be elevated economic and economic policy uncertainty. Here are three measures of uncertainty; text based policy uncertainty from South China Morning Press, from mainland China newspapers, and the World Uncertainty Index based on Economist […]

Interview on CNN with LingLing Wei today, she doesn't say "recession", but the idea is there ("struggling, 'big time'"I think is the phrase). Here's a picture of industrial production ex.-construction through May, and ECRI's recession dates (peak-to-trough): Figure 1: Chinese industrial production ex-construction (black, left log scale). ECRI defined peak-to-trough recession dates shaded light blue. […]

The China's State Council is the sole shareholder Contemporary World Publishing Co., Ltd, the company behind Star Media Group's latest media partner, Contemporary World Magazine.

On Friday, the Department of Commerce published the final set of regulations aimed at keeping CHIPS and Science Act semiconductor subsidies from benefiting "countries of concern." There are a few problems with these rules.
The post Chips and China appeared first on American Enterprise Institute - AEI.

– China’s economic development model resembles that of Japan over 30 years ago with high savings, and high investment, but with restrained consumption and rigid institutions weighing increasingly on macroeconomic success. – China’s chronic over-investment and misallocation of capital, particularly in the property sector, pose a potentially bigger economic problem than Japan’s banking crisis in the 1990s. – China has some advantages over Japan, such as a state-owned … Continued

And PBoC acts. Data accessed 9:30pm Central. Source: Bloomberg. Graphical depiction: Source: Bloomberg. PBoC drops rates just before the release of these numbers. Source: Bloomberg. The yuan also drops.

Q2 GDP and June industrial production above consensus. Retail sales slightly below. Figure 1: Real GDP, 1992Q1=1 (black), Bloomberg consensus of 7/16 (red triangle), IMF WEO April 2023 (light blue triangle). Source: OECD, IMF WEO, Bloomberg. Figure 2: Chinese industrial production ex-construction (black), Bloomberg consensus of 7/16 (red triangle). ECRI defined peak-to-trough recession dates […]

During China's high-level 'two sessions' (两会) meetings this year, defence ministry spokesperson Tan Kefei (谭克非) disclosed that ¥1.58 trillion ($338 billion) had been allocated in the 2023 national budget for defence, up 7.2% on the ...

The China Tightrope is the title of the new book by Newsroom’s foreign affairs reporter Sam Sachdeva. The subtitle is “Navigating New Zealand’s relationship with a world superpower”. In the quite limited New Zealand media coverage of the China issues, Newsroom has been better than most. In conjunction with the Financial Times, in 2017 they … Continue reading Reading “The China Tightrope”

At the start of this conflict, I wrote, "China has effectively thrown its lot in with Hamas." Beijing has only made its choice more apparent in the days since.
The post China Stands with Hamas appeared first on American Enterprise Institute - AEI.

In early 2023, the Turkish government expressed exceptionally open public criticism of China concerning the rights of the Uyghur Muslim minority in China's Xinjiang region. Notably, in his end-of-year press conference in December 2022, former Minister of Foreign Affairs, Mevlüt Cavuşoğlu, said that bilateral relations between Turkey and China had deteriorated because Beijing was "disturbed" … Continued

*) The original Spanish-language version of this article was published in El Confidencial. After visiting China for the first time since the pandemic to discuss the Ukraine War and its effects on the new world order, one senses that the country is in a difficult situation, both geopolitically and economically. A few days ago, at […]
La entrada China and the war in Ukraine se publicó primero en Elcano Royal Institute.

Last month, Canada suddenly announced that it was freezing all ties with the Asian Infrastructure Investment Bank, a multilateral lender created by China as an alternative to the World Bank. According to Canada's finance minister, ...

Antony Blinken made an official visit to Beijing. Tangible outcomes may be hard to spot, but the visit was a highly visible step in the right direction toward stabilising relations between the US and China.