Rebalancing Fiscal Capacity and Expenditure Responsibility in China
Economy,Society,China
By Jiwei Qian - 09 Sep 2016

Rebalancing Fiscal Capacity and Expenditure Responsibility in China

One major issue is the mismatch between local governments’ fiscal capacity and their expenditure responsibility. In recent years, local governments have been responsible for over 80 percent of government expenditure, while being assigned only about 50 percent of government revenue.
Hangzhou G20: Display of Opulence with Limited Achievement?
Politics,Economy,China

By Wen Xin Lim - 08 Sep 2016

Hangzhou G20: Display of Opulence with Limited Achievement?

Behind China’s E-Commerce Success Story
Economy,Cyberspace,China

By Henry Hing Lee Chan - 05 Sep 2016

Behind China’s E-Commerce Success Story

No “Helicopter Money,” Abenomics Turns to Fiscal Stimulus
Economy,East Asia

No “Helicopter Money,” Abenomics Turns to Fiscal Stimulus

In July 2016, Japanese Prime Minister Shinzo Abe announced a JPY 28 trillion stimulus package, which includes spending on infrastructure, reconstruction of disaster zones, wage increases for child and elder care workers, and direct cash payments to low-income households.
By Yuqing Xing - 30 Aug 2016 | 0 comments Read more...
RMB’s Global Payments Share Drops: A Blessing in Disguise?
Economy,China

RMB’s Global Payments Share Drops: A Blessing in Disguise?

The latest report from SWIFT shows that the share of the RMB in the global payment network dropped to 1.72 percent in June 2016, down 0.18 percent from the figure in May, and is the smallest share for the year to date.
China’s Phenomenal Land Prices: SOEs a Contributing Factor
Economy,China

China’s Phenomenal Land Prices: SOEs a Contributing Factor

China’s land prices in auctions have hit record highs in the first half of 2016. Land parcels were sold on average 41 percent higher than their asking prices. There are 205 land parcels with a price of over RMB 1 billion.
By Zhihua Zhou - 19 Aug 2016 | 0 comments Read more...
Creating a South China Common Market to Address Hong Kong and Taiwan Issues
Politics,Economy,China

Creating a South China Common Market to Address Hong Kong and Taiwan Issues

A South China Common Market would not only enhance the international competitiveness of China’s economy, but also create a social and economic environment to solve the Hong Kong and Taiwan issues.
Uber China-Didi Deal: Who Gains? Who Loses?
Economy,Cyberspace,China

Uber China-Didi Deal: Who Gains? Who Loses?

Uber, the world’s most valuable ride-hailing startup with more than USD 13 billion in funding, has agreed to merge its China branch with Didi Chuxing, after suffering from a grueling price war with the local rival.
China’s Current Economic Pains
Economy,China

China’s Current Economic Pains

An anonymous “person with authority” said that China’s economic trajectory was experiencing an L-shaped path, involving a sharp decline followed by a long period of flat or stagnant growth. The questions are: when will the decline bottom out, and is it sustainable?
Respecting Brexit
Politics,Economy,Hotspots,China

Respecting Brexit

With the referendum of June 23, 2016, Britain has decided to leave the EU. Though this is controversial, there is good reason to respect the outcome of this form of British democracy.
By Dingli Shen - 13 Jul 2016 | 0 comments Read more...
The RMB’s Internationalization: A Moderate Way Ahead
Economy,China

The RMB’s Internationalization: A Moderate Way Ahead

A natural corollary of the expansion of China’s economy and its massive financial reform would be the internationalization of the RMB. As an international payments currency, the RMB has leapfrogged from 20th position in 2012 to 5th in 2015.
Brexit and Asia: Rationality versus Emotion
Politics,Economy,Hotspots

Brexit and Asia: Rationality versus Emotion

The June 23 Brexit referendum saw the UK vote to leave the European Union. The exit decision shocked the world with implications not only in the political and economic arenas of the UK and EU, but which also has far reaching repercussions beyond Europe.
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