China Business & Economy

Gordon Chang: “China Is Going to Go Into Free Fall”

Gordon G. Chang author of "The Coming Collapse of China," in New York on Sept. 30, 2015. (Benjamin Chasteen/Epoch Times)
Gordon G. Chang author of "The Coming Collapse of China," in New York on Sept. 30, 2015. (Benjamin Chasteen/Epoch Times)

Gordon Chang was a bit early when he wrote the book “The Coming Collapse of China” in 2001. He predicted the collapse of the Chinese economy...

  • A worker checks the production in the packaging section of the newly opened Lego factory in Jiaxing, Zhejiang Province, China, on Nov. 24, 2016. (JOHANNES EISELE/AFP/Getty Images)

    China’s Economic Divergence

    Every decade or so in the United States, the financial sector decouples from the real economy, like what’s happening currently: GDP growth is tepid, job... Read more

  • A driver uses his smartphone to pay the highway toll using Alipay, an app of Alibaba's online payment service, at a toll station on the Hangzhou-Ningbo Expressway in Hangzhou, China.
(STR/AFP/Getty Images)

    China’s Internet Banking Sector a Key Source of Growth—and Risk

    By most accounts, China is the global leader in internet banking and financial technology (fintech) investments. Fintech’s relevance in China will be on full display this... Read more

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    China Bitcoin Crackdown Continues

    China was like the Wild West for the electronic currency Bitcoin. As China took first place in producing and trading bitcoins, Chinese could do whatever they... Read more

  • A user posing with an iPhone showing an installed New York Times app on Jan. 5 in Beijing. (Fred Dufour/AFP/Getty Images)

    A Gap in the Great Firewall: Mobile Apps

    China’s “Great Firewall” has been central to the Communist Party’s strategy of controlling what residents can and cannot browse online. Websites ranging from search engines,... Read more

  • Chinese migrant workers wait in a bus as they leave after their shift at a construction site on Dec. 9, 2014 in Beijing, China. It is estimated that there are more than 40 million construction laborers in China, many of whom come from smaller centers to the country's larger cities to find work. (Kevin Frayer/Getty Images)

    China’s Chronic Economic Crisis

    During the boom years, analysts just had to guess whether the Chinese economy would be growing at 10 percent or 12 percent. As more details... Read more

  • China's President Xi Jinping delivers a speech at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2017.  (FABRICE COFFRINI/AFP/Getty Images)

    Xi Jinping Defends China’s Golden Goose in Davos

    It was the first time a Chinese regime leader attended the elite gathering at the World Economic Forum (WEF) usually reserved for die-hard capitalists, not the leaders... Read more

  • The AMC Empire 25 in  New York, on Aug. 23, 2016. (Samira Bouaou/Epoch Times)

    Chinese Set Record for US Investments, but Face More Resistance Ahead

    Chinese investments in the United States reached a new record of over $45 billion in 2016—three times the previous year’s total. Planned M&A (mergers and... Read more

  • Cargo trucks drive through a container pool at a seaport in Qingdao in eastern China's Shandong province in this file photo. Canada aims to do more business with China amid a rising wave of protectionism. (Chinatopix via AP) 

    Gauging China for Canadian Business as Protectionism Rises

    While protectionist sentiment is on the rise, Canadian businesses are being encouraged to do more with China, which appears to be in stark contrast to... Read more

  • A customer walks past a statue of Ronald McDonald on display outside a McDonald's restaurant in Beijing on July 31, 2014. Fast food giant McDonald's said in a statement Monday, Jan. 9, 2017 it is selling a controlling stake in its China business to a group of investors led by state-owned Chinese conglomerate Citic in a deal worth up to $2.1 billion. (AP Photo/Andy Wong, File)

    McDonald’s Sells China Business in Deal Worth up to $2.1B

    HONG KONG—Fast-food giant McDonald’s is selling a controlling stake in its China business to a group of investors led by state-owned Chinese conglomerate Citic in... Read more

  • Entrance of Chinese peer-to-peer (P2P) lender Ezubao is seen in Hangzhou, Zhejiang province, on Dec. 17, 2015. Ezubao, once China's biggest P2P lender, was uncovered as a massive Ponzi scheme. (STR/AFP/Getty Images)

    Chinese P2P Lending Bubble Quietly Bursts

    Boom-to-bust cycles come and go quickly in China. Chinese peer-to-peer (P2P) lending growth slowed significantly in 2016, as a leading P2P lender was caught in... Read more

  • This photo taken on May 28, 2015 shows a demolition worker walking near abandoned buildings at the Shougang Capital Iron and Steel plant in Beijing. The outdated, unprofitable enterprise produced its last steel in 2011. (Greg Baker/AFP/Getty Images)

    China’s Years of Fast Economic Growth Are Over

    Editor’s note: The following lecture by Liu Shijin, a Chinese scholar who presented it recently at a high-level Chinese government think tank, represents one strain... Read more

  • Chinese entrepreneur Cao Dewang appears on on the CCTV program "Dialogue." Cao made waves recently after announcing his plan to move production from China to the United States. (

    Another Chinese Billionaire Entrepreneur Leaves China

    Editor’s note: The following column is about Cao Dewang (or Cho Tak Wong), a well-known entrepreneur in the glass industry and a top philanthropist in China. About... Read more

  • A 100 yuan note is placed above a newspaper featuring a photo of US president-elect Donald Trump at a news stand in Beijing on Nov. 10, 2016. (Greg Baker/AFP/Getty Images)

    How the US Could Win a Trade War With China

    President-elect Donald Trump talks tough on China and has appointed trade hawks Wilbur Ross and Peter Navarro to key positions in his administration. He has... Read more

  • In a file photo, miners push carts containing coal at a mine in Qianwei county, Sichuan. (Liu Jin/AFP/Getty Images)

    Chinese Bond Defaults Could Accelerate in 2017

    A rebound in global coal prices became one of the biggest stories in commodities during the second half of 2016. A more than 90 percent... Read more

  • Workers sort parts at an electronics company in Tengzhou, in China’s eastern Shandong province on Feb 1, 2016.  While revenues and profits have grown, companies are squeezed for cash. (STR/AFP/Getty Images)

    Stress Is Building in China’s Economy

    Chinese regime leader Xi Jinping is rocking so many boats on the political front that he wants to make sure the economy and financial markets... Read more

  • Oppo's OnePlus 3 smartphone is seen at a launch event in New Delhi June 15, 2016. (Money Sharma/AFP/Getty Images)

    Oppo and Vivo Go ‘Old School’ to Topple Xiaomi, Apple in China

    It’s the end of 2016, and the most popular smartphones in China—a nation of 700 million smartphone users—aren’t made by Apple, Samsung, or even Chinese... Read more

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