Showing 1 - 9 of 9
Will China hit its growth target?
Asia focus, Shang-Jin Wei, Published on 09/05/2022
» In early March, Premier Li Keqiang announced that China was targeting GDP growth of "about 5.5%" this year. That would be ambitious even without Russia's war against Ukraine and the attendant increases in global energy and food prices.
Why is China's growth rate falling so fast?
Asia focus, Shang-Jin Wei, Published on 01/12/2021
» In early 2021, the consensus forecast for Chinese gross domestic product (GDP) growth this year among 25 major global banks and other professional forecasters was 8.3%. In contrast, the Chinese government's own target was around 6%.
Sex and the Chinese economy
Asia focus, Shang-Jin Wei, Published on 31/05/2021
» China's recently released population census confirms the persistence of the country's alarming excess of males relative to the global norm. This numerical imbalance has several significant economic implications -- and not only for China.
Why Biden should ditch Trump's China tariffs
Asia focus, Shang-Jin Wei, Published on 05/04/2021
» Over the course of his presidency, Donald Trump raised US tariffs on imports from China several times, from an average of about 3% when he took office in January 2017 to over 20% by the end of 2019.
A better alternative to Trump's WeChat ban
Asia focus, Shang-Jin Wei, Published on 24/08/2020
» Shortly after US President Donald Trump issued an executive order effectively banning the Chinese-owned social-media app TikTok, he issued a second order prohibiting "any transaction that is related to WeChat by any person … as identified by the Secretary of Commerce".
A new direction for biopharma in China
Asia focus, Suwatchai Songwanich, Published on 04/05/2020
» While many industries will be in recovery mode for some time to come, one sector that can expect strong growth in China is the biotech and biopharmaceutical industries.
China's civilisational challenge
Asia focus, Chin-Huat Wong, Published on 13/01/2020
» China's "one country, two systems" formula in Hong Kong is failing miserably. After months of large-scale pro-democracy protests – including violent clashes with police -- the city's voters dealt a powerful blow in November to pro-mainland parties, which lost 87% of the seats to pro-democracy rivals in district council elections.
Why the US and China see negotiations differently
Asia focus, Shang-Jin Wei in Canberra, Published on 27/05/2019
» Trade negotiations between the United States and China broke down earlier this month because the US government said the Chinese were "walking back" their agreement on matters that had previously been addressed. US negotiators and President Donald Trump were furious, and on May 10 Mr Trump more than doubled US tariffs on US$200 billion worth of imports from China.
Getting exchange rates right
Asia focus, Nikhil Patel and Shang-Jin Wei in New York, Published on 29/04/2019
» The real effective exchange rate (REER) may sound arcane to non-economists, but it is one of the most important international financial indices. It is a summary index that tracks the difference in the prices of goods produced by a country and its trading partners.