While China is probably in a much better position than bearish observers claim, the economy would benefit if Chinese households saved less and consumed more.
Chinese Finance Minister Lan Fo'an speaks at a press conference on the sideline of the National People's Congress, Beijing, March 6, 2024. Credit: Ng Han Guan via AP Photos
Economists have lately been sounding the alarm that China’s economic development is teetering on the edge of a crisis. The problem, they argue, is that China’s growth is driven by extremely high levels of capital investment, and that private consumption is being suppressed. Is a crisis really looming, as many predict?
It is true that China’s growth pattern could, for decades, be characterized as investment-driven. Like most East Asian economies, China supported devel
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In recent years, there haven’t been any visible, large-scale demonstrations for Tibetan independence, either inside the country or abroad. This is a big contrast to the waves of self-immolations and solidarity protests of the past — and exactly what Beijing wants. If China’s digital surveillance and censorship efforts have reached their full potential in Tibet, what comes next?
The author of Mr. China discusses why improving knowledge of the country is so vital, why China has become so toxic politically and whether he would advise young people to make a career there today.
September 17th: Strategies for Identifying Military End Users
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