China's Economy

Xi Jinping: when enough is too much
Xi Jinping: when enough is too much
He’s got his 2,300 hand-picked delegates lined up for the Communist Party of China (CPC) congress starting 16 October, and he’s junked the previous limit of two five-year terms as…
Water scarcity challenges China’s development model
Water scarcity challenges China’s development model
Southern China’s longest drought on record is the latest manifestation of a slow-burning but increasingly severe water crisis. Left unchecked, it has the potential to act as a…
Under pressure: Chinese international graduates in a new China
Under pressure: Chinese international graduates in a new China
Over the coming few weeks China is preparing for a record 10.8 million university graduates to enter the labour market. The uncertainty these young Chinese students have…
China’s “common prosperity” is a Catch-22
China’s “common prosperity” is a Catch-22
The events of the latter half of 2021 show that Beijing is willing to tolerate significant economic pain to deleverage its property sector. For the Chinese Communist Party, the…
Whoever controls the spice, controls the universe
Whoever controls the spice, controls the universe
In the science-fiction classic Dune, the natural resource of “spice” represents the most valuable commodity in the universe, found only on the desert planet of Arrakis. Spice…
China’s economic punishment – Best of The Interpreter 2021
China’s economic punishment – Best of The Interpreter 2021
The promise was pain. Anger China, so warned Beijing’s “wolf warrior” diplomats, and Australia’s economy would suffer. But for all the threats, tariffs and embargoes, Roland Rajah…
Common prosperity meets the Belt and Road
Common prosperity meets the Belt and Road
China’s President Xi Jinping’s concept of “common prosperity” is slowly being internationalised. The most obvious manifestation of this came last month when Xi framed the Belt and…
China’s digital currency: Next stop, Africa?
China’s digital currency: Next stop, Africa?
In April 2020, China was the first major economy to pilot a digital currency, the e-yuan or e-CNY. The e-CNY, which will eventually replace physical cash and is currently being…
China’s economic sanctions made Australia more confident
China’s economic sanctions made Australia more confident
China has singled out several Australian industries with economic sanctions since May last year, imposing hefty tariffs on Australian barley and wine exports, while throwing up…
Can the China model be accommodated in the CPTPP?
Can the China model be accommodated in the CPTPP?
On 16 September, China officially applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) comprising Australia and 10 other members. The…