China Business & Economy

World Drowning in a Sea of Debt

There just is no easy way out. (Matt Cardy/Getty Images)
There just is no easy way out. (Matt Cardy/Getty Images)

Oftentimes, academic research is commissioned to support policy. It is no different in economics and finance, where most of the reports coming out of the...




  • A passenger walks past a high-speed train at a railway station in Nanjing in eastern China. China used controversial industrial policies that are exempt from Canada's new investment deal with China to force foreign firms to share intellectual property and know-how. This helped push China's domestic train industry to become globally competitive. (AP Photo)

    FIPA Signed, but Questions Linger

    OTTAWA—The deal is done, but what does it really mean? Last Friday, Prime Minister Stephen Harper’s cabinet quietly ratified the Canada-China foreign investment promotion and... Read more

  • Top left: The logo of Alibaba.com near its office in Hong Kong on Feb. 22, 2012. (Aaron Tam/AFP/Getty Images) Background: Alibaba Group chairman and CEO Ma Yun speaks during a press conference on Oct. 17, 2011, in Hangzhou, Zhejiang Province, China. (ChinaFotoPress/Getty Images)

    Alibaba’s IPO Is a Huge Windfall for Existing Shareholders

    One thing is for sure: Alibaba’s IPO is going to be huge. The answer to other questions, such as valuation, use of capital, and the... Read more

  • A visitor walks through the service center of the Shanghai Free Trade Zone on Nov. 28, 2013. The head of the project was recently removed on corruption charges. (Peter Parks/AFP/Getty Images)

    Head of Shanghai Free Trade Zone Removed

    The chief of a much-vaunted free trade zone established in Shanghai has been ejected from his post as the anniversary of the initiative nears. Observers... Read more

  • A man points to the skyline of Xiamen, China, on Oct. 25, 2013. (Ed Jones/AFP/Getty Images)

    China’s Debt Bubble in Perspective (Video)

    How big is China’s bubble?  China appears to be in the late stages of a debt-fueled investment bubble. It’s not that we haven’t seen this... Read more

  • Zhou Bin, an editor of the 21st Century Net website, is dressed in orange prison garb while confessing to China Central Television that he was engaged in a scheme to extort Chinese companies that were going public. A number of editors, executives, and company officials were arrested as the scheme was exposed by official media. (Screenshot/CCTV)

    Media Company That ‘Took a Slice’ From IPOs in China Has a Slice Taken From It

    Top editors and executives at a widely recognized business publication in China went on the air with televised confessions recently, admitting to extorting tens of... Read more

  • Xing Lin Real Estate CEO Wu Binglin recently disappeared with large sums of money, leaving thousands of victims in 16 provinces and 50 cities worrying about their investments, in a screen shot from NTD Television. (Epoch Times)

    CEO of Large Real Estate Firm in China Disappears With Money

    The CEO of a large real estate firm in China disappeared with a large sum of money, leaving defrauded victims in 16 provinces and 50... Read more

  • A Chinese couple walk together while shopping at an outdoor mall in the evening on Sept. 5, 2014, in Beijing, China. (Kevin Frayer/Getty Images)

    Chinese Enterprises Baffled by Having to Practice Social Responsibility Overseas

    More and More Chinese enterprises are making overseas investments, and more and more Chinese enterprises are troubled by having to deal with social responsibility. Western... Read more

  • Bank of China posted 12.58 billion yuan (US$2 billion) in non-performing loans in the first half of this year. Banks in China are seeing a significant increase in non-performing loans as the country's economy cools. (Greg Baker/AFP/Getty Images)

    Bad Loans Surge for China’s Banks During First Half

    China’s biggest banks reported a surge in soured and castoff loans in the first half of the year, as China’s slowing growth has taken a... Read more

  • The sales of high-end mooncakes dropped over 50 percent this year due to China’s anti-corruption campaign. (Screenshot/food.shangdu.com)

    China’s Mooncakes the Latest Victim of Anti-Corruption Campaign

    The humble mooncake is an indispensable snack for one of China’s major traditional holidays, the Mid-Autumn Festival. But sales of the pastries have plummeted this... Read more

  • A man walks past a Microsoft sign outside a Microsoft office building in Beijing on July 31. Foreign business in China feel less welcomed, as Microsoft and many other U.S. companies are being targeted in anti-trust probes by Chinese authorities. (Greg Baker/AFP/Getty Images)

    AmCham Website Offline After Critical Business Survey on China

    A new survey from the American Chamber of Commerce (AmCham) shows U.S. companies face an increasingly hostile and less profitable environment in China. After the... Read more

  • A visitor walks past a design promoting the recently opened Shanghai Pilot Free-Trade Zone on Nov. 28, 2013. Chinese authorities said they will allow foreign-owned hospitals to operate in seven cities and provinces. (Peter Parks/AFP/Getty Images)

    China Opens Door to Foreign-Owned Hospitals

    A new pilot program being rolled out in China will allow foreign companies to run hospitals in seven cities and provinces, according to a notice... Read more

  • Jack Ma, founder and executive chairman of Alibaba Group, speaks to employees of the company during a group wedding in Hangzhou, east China, May 9, 2014. (AP Photo)

    Alibaba IPO: What Do You Get for Your Cash?

    Investors will likely hand over $20 billion to Chinese company Alibaba Group Holding Ltd. soon. But what will they get in return? The IPO launch... Read more

  • A Chinese construction worker pushes a load of concrete mix at the building site of a new apartment complex on Aug. 29, 2014 in Beijing, China. The deflating of the housing bubble is contributor to a decline in China's economic performance. (Kevin Frayer/Getty Images)

    China’s Economic Index Takes a Plunge

    China’s economic performance has taken a plunge this year, and it’s a sign of the end of China’s four-decade economic cycle, according to China economics... Read more

  • Cao Changqing, retired director of the Price Department at the Nation Development and Reform Commission (NDRC), was taken away for questioning in relation to a corruption investigation, Chinese media reported on Aug. 27. (Screenshot/ndrc.gov.cn)

    Chinese Official in Charge of Prices Investigated for Corruption

    A former high-level official in charge of approving and monitoring prices of all manner of goods and services in China was recently put under investigation... Read more

  • Tai Yiu-ting calls on all Hong Kongers to vote in Occupy Central’s Civil Referendum on June 23, 2014. (Poon/Epoch Times)

    Protest Will Launch If Beijing’s Decision Displeases Hong Kongers

    HONG KONG—If Hong Kong democrats do not like the Chinese regime’s decision on universal suffrage for the city-state, the nonviolent Occupy Central movement will take... Read more

  • Victim depositors hoist a banner in front of the Bank of Xinxiang in Xinxiang City of Henan Province, in August. Zhang Li, a branch president at the bank, borrowed huge sums from depositors and committed suicide when the loans went bad. (Screenshot/Tianya.cn)

    Chinese Bank President Involved in Loan Sharking Kills Self

    Zhang Li, a branch president at the Bank of Xinxiang in China’s Henan Province, committed suicide last month after overseeing vast amounts of bad, possibly... Read more


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