China's Economy

US versus China: the economic model
US versus China: the economic model
With the US–China economic rivalry intensifying and “decoupling” becoming the mantra in Washington, what mindset, or economic model, is behind President Donald Trump’s response to…
The geopolitics of China’s tax reforms
The geopolitics of China’s tax reforms
The continued legitimacy of the Chinese government under President Xi Jinping, as it was with former president Hu Jintao, depends on two main pillars: improvements in people’s…
China’s tech bubble
China’s tech bubble
In the four decades that have followed China’s initial stage of post-Mao “Reform and Opening Up”, the world has learned to expect great things from the Middle Kingdom’s centrally…
China’s looming financial crisis
China’s looming financial crisis
Governor of the Reserve Bank of Australia Philip Lowe’s speech last week highlighting the risks to the Chinese financial system from shadow banks – non-bank financial…
China opens its financial institutions to the world – sort of
China opens its financial institutions to the world – sort of
If you believe the headlines, a new era of financial openness has started in China. Certainly, the number of recent announcements is unprecedented in terms of scope. This month…
Australia, Asia, and the “Wealth of Nations”
Australia, Asia, and the “Wealth of Nations”
How does Australia’s economy align with those of our Asian neighbours? What are the development challenges facing nearby South East Asian countries? And just how large is China’s…
China’s economic gloom merchants
China’s economic gloom merchants
Markedly slower growth and imminent financial crisis have been the common dual predictions for China over the past decade. China’s growth has indeed slowed from its unsustainable…
Economic diplomacy brief: Trump turns global, Pacific aid, Chinese tourism, and more
Economic diplomacy brief: Trump turns global, Pacific aid, Chinese tourism, and more
Davos men With the North Korean nuclear threat seemingly sidelined until after the Winter Olympics at least, this geopolitical year is starting in a curiously similar way to last…
Risk aversion in domestic Chinese politics
Risk aversion in domestic Chinese politics
The 19th Party Congress was a watershed for the Xi administration. Feverish speculation about candidates for promotion the Politburo Standing Committee is over, but their policy…
Xi Jinping's state capitalism is here to stay
Commentary
Xi Jinping's state capitalism is here to stay
Originally published in the Australian Financial Review.Roland Rajah