China's Economy
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
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?
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 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?
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…
Podcasts
Lowy Institute Conversations: Richard McGregor speaks with Desmond Shum, the author of Red Roulette
In this episode of Lowy Institute Conversations, Senior Fellow Richard McGregor speaks with Desmond Shum, the author of Red Roulette: An Insider’s Story of Wealth, Power,…
China’s digital currency takes shape
China’s financial system is changing. The country’s new Digital Currency Electronic Payment (DCEP) – a digital payment and processing network run by the Central Bank of China…
China puts its golden goose on notice
In recent years, China’s digital economy has seemed like a house undergoing full-scale renovation. At this moment, it appears to be in the demolition stage.
In a series of…
Commentary
Xi Jinping reels in his tech titans
Private enterprise created China’s vaunted digital economy. But Big Brother is always in charge. Originally published in the Australian Financial Review.
China’s numbers game harms us all
Speaking before a crowd at Tiananmen Square that gathered in celebration of the 100th anniversary of the Chinese Communist Party (CCP), Xi Jinping triumphantly declared that the…