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News on the Chinese Economy

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What should we expect from the Sixth Plenum?
Sep 10, 2021 (WiC 555)

‘Black swan’ moments refer to unexpected or unpredictable events with grave consequences. In China they usually lead to sudden stock market sell-offs. So Beijingers’ interest was piqued when a real-life black swan suddenly landed in ...

Spreading the wealth

After decades of prioritising ‘efficiency’, Beijing’s new mantra is ‘fairness’
Aug 27, 2021 (WiC 553)

These have been a bruising few months for many of China’s best-known businesspeople, with some prominent tycoons now knowing what it feels like to be the ball in a pinball machine. That’s because the mood across different government ...

An education for investors

What is really behind Beijing’s internet sector crackdown?
Jul 30, 2021 (WiC 551)

Angela Merkel has visited China no fewer than 12 times since becoming German chancellor in 2005. Ties between the two nations’ economies are tight and the Chinese have sometimes seemed to taken lessons from the German experience, never more so ...

Wanted: a baby boom

Government reveals more details on its new Three-Child Policy
Jul 30, 2021 (WiC 551)

Is China really dropping all restrictions on family size? That seems to be the case, according to a new document from the State Council. Published on July 20, the document contains a raft of measures to encourage couples to have more babies. ...

Last exit for Brooklyn?

Post-Didi, are Hong Kong IPOs now the priority for our Top 50 Unicorns?
Jul 16, 2021 (WiC 549)

Policy risk has always been a concern for Wall Street investors in Chinese firms – dating back to when minivan maker Brilliance China was the first from the country to launch an IPO on the New York Stock Exchange (NYSE) in October 1992. The ...

Xi’s centenary speech delivers a key message
Jul 2, 2021 (WiC 547)

The Communist Party of China (CPC) announced this week that its membership had topped 95 million as of June 5. In 1921 the CPC had about 50 members. Only 13, including Mao Zedong and two non-Chinese from the Russia-sponsored Comintern, turned ...

Heirs and disgraces

Three ‘fuerdai’ in the news as successions loom for second-generation rich
Jun 25, 2021 (WiC 546)

Liu Shan was one of the most derided princelings to ascend the throne. The second and final ruler of the state of Shu during the Three Kingdoms period (which spanned the years 220 to 280), Liu and his family were shipped back to the court of his ...

Counting to three

How did media and netizens respond to China’s new Three-Child Policy?
Jun 4, 2021 (WiC 543)

Karl Marx once described Thomas Malthus, the famed English demographer, as a “lackey of the bourgeoisie”. A similar verdict almost sealed the fate of Ma Yinchu, a Yale-educated Chinese economist who was a strong advocate of birth control in ...

Hubei leads GDP league table
May 7, 2021 (WiC 539)

China is no stranger to dizzying GDP growth. But even by its standards, the 18.3% economic expansion logged during the first quarter was a record. The boom came on the back of 31 provinces or municipalities posting double-digit growth, of which ...

After TV exposé, Meituan and Ele.me to improve gig workers’ rights
May 7, 2021 (WiC 539)

One of the greatest rulers of imperial China was Emperor Kangxi of the Qing Dynasty. The longest ...

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