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News on the Chinese Economy

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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 reigning monarch, he was said to have made tours around Beijing and across the country. Dressing as a commoner and mingling with ordinary folk, the ...

A sensitive census

State bureau refutes claim population declined
Apr 30, 2021 (WiC 538)

China has reported an increase in population every year since the famines of the early 1960s. Since 1965 the number of mainland Chinese has doubled from about 700 million to just over 1.4 billion last year. However, the debate this week was ...

Playing by the rules

Ant and Alibaba take their regulatory punishment; others may follow
Apr 16, 2021 (WiC 536)

Nearly all Chinese entrepreneurs don’t have happy endings,” Jack Ma told a group of private sector businesspeople back in 2011. Perhaps a few of Ma’s counterparts should have paid more attention to his remarks. Not long ago the bosses of ...

Enough is enough

Hurun sparks a ‘financial freedom’ debate
Apr 9, 2021 (WiC 535)

How much money do you need to be financially independent in China? That’s the question the Shanghai-based Hurun Report tried to answer last month. The headline figures are these: to achieve base-level ‘financial freedom’ in first-tier ...

Why are local governments suddenly investing in private sector firms?
Apr 1, 2021 (WiC 534)

Various entrepreneurs have been styled as “China’s Warren Buffett” over the years, including Duan Yongping, the tycoon orchestrator behind Pinduoduo and OPPO (see WiC49), and Guo Guangchang, who founded biotech-to-property conglomerate ...

Love and losses

Two marital breakdowns hit corporate China
Apr 1, 2021 (WiC 534)

No one ever wants to become a customer of Weiqing Network Technologies, a Shanghai-based firm that specialises in saving marriages from divorce. But demand was still strong enough for its services to fuel a filing to go public in 2017. Weiqing ...

A policy paradox explained

Top China strategist discusses Dual Circulation and Chinese export boom
Mar 26, 2021 (WiC 533)

Shanghai-based Jonathan Anderson is one of the most respected analysts on China’s economy. As president of boutique research house Emerging Advisors Group he has been generating insights at that firm for global investors for the past 10 years. ...

Chinese New Year plans hit by travel bans
Jan 15, 2021 (WiC 524)

A month ago China was gearing up for a relatively normal Lunar New Year celebration. Restaurants and shops were taking on extra staff in preparation for the holiday surge and transport companies were bracing themselves for the usual annual ...

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