Economy « Week In China

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Economy

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Could Hainan’s free trade port plan see it outpace Hong Kong as a hub?
Apr 20, 2018 (WiC 405)

For forty years after the 1949 revolution, the island of Hainan was part of Guangdong province for administrative purposes. Its economy was rudimentary, relying on fishing, rubber production and coconuts. The planners didn’t push for much more, ...

Chinese cities offer lucrative incentives to lure graduates
Apr 20, 2018 (WiC 405)

Free tickets for the Panda reserve, cheap housing and Rmb1,000 ($159.10) in payment just for turning up for an interview: these are some of the things that Chinese cities are offering in the fierce battle to attract graduate talent. The ...

US waste exports to China in the spotlight as wider trade row worsens
Apr 6, 2018 (WiC 403)

Sino-US relations seemed solid enough last November, when Donald Trump was delighted by his lavish “state visit-plus” to Beijing. He also came home with $250 billion worth of deals (see WiC387). But Washington’s relationship with Beijing ...

Events at the Two Sessions confirm Xi Jinping’s new primacy
Mar 23, 2018 (WiC 402)

In Mandarin the word for the palm of the hand is zhang, which can also denote the action of gripping, while ‘fist’ (or quan) sounds the same as the word for ‘power’. That’s why in official portraits from the Qing ...

Trump hits China with new, more punitive tariffs
Mar 23, 2018 (WiC 402)

This is the first of many” was the promise from Donald Trump on Thursday as he signed an executive order that could slap 25% tariffs on up to $60 billion of Chinese imports. The order follows an investigation from the US Trade ...

As anticipated, Xi Jinping won’t have to step down as president
Mar 2, 2018 (WiC 399)

“To build the fate of a country on the renown of one or two people is very unhealthy and very dangerous.” So said Deng Xiaoping in 1989, although his warning went unremarked in the Chinese press this week after news that presidential term ...

A new lunar new year ushers in the canine zodiac sign
Feb 15, 2018 (WiC 398)

February 16 marks the first day of the Year of the Dog. In Western parlance a ‘dog’ is usually the financial slang for something pretty terrible – think, for instance, of dog deals. In this, our guide to the Year of the Dog, we look at what ...

How will you fare in the Year of the Dog? Check the experts’ predictions
Feb 15, 2018 (WiC 398)

Contrary to what some Westerners think about Rats, those who are born under this zodiac sign are believed to be highly intelligent and witty. With strong intuition and quick responses, Rats (1960, 1972, 1984 or any 12 years ...

Who is in and out at China’s ‘Two Meetings’?
Feb 9, 2018 (WiC 397)

Once a year, usually in March, China holds its Two Meetings, where thousands of representatives from around the country descend on Beijing to consult and vote on new laws and decide who should fill the top political jobs. It all sounds highly ...

When will China become the world’s biggest retail market?
Jan 26, 2018 (WiC 395)

“It blows my mind,” was the verdict of one Canadian ‘old China hand’ that WiC approached last week with the news that the growth in Chinese GDP in 2017 was the equivalent of adding ‘another Canada’ to the global economy. The ...

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