China Business & Economy

Xi Jinping Defends China’s Golden Goose in Davos

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)
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)

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...

  • 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 The outdated, unprofitable enterprise produced its last steel in 2011.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

  • A water container delivery worker drives on a street in Beijing on Dec. 9, 2016.  Economist Ma Guangyuan says that China needs to develop genuine property rights to enhance economic growth. (Nicolas Asfouri/AFP/Getty Images)

    Why Basic Property Rights Matter to China’s Economy

    During a sea battle in 1571, a Turkish general hid 150,000 gold coins in the cabin of his warship. He was defeated, and his entire... Read more

  • Investors watch price movements on screens in Beijing Feb. 22. China's insurance regulator said risky stock market bets by domestic insurers undermines market stability. (Greg Baker/AFP/Getty Images)

    China Clamps Down on ‘Barbaric’ Insurance Sector

    NEWS ANALYSIS Beijing has cracked down on domestic insurers, suppressing the industry over what regulators have recently deemed speculative investments. The move hurt insurance stocks, driving down the... Read more

  • Pedestrians walk past the People's Bank of China, the central bank of China, in Beijing July 8, 2015. (Greg Baker/AFP/Getty Images)

    US Rate Hike Could Squeeze Chinese Issuers

    The U.S. Federal Reserve is poised to raise benchmark interest rates as soon as this week, which may bring wide-ranging impacts to China’s own economy... Read more

  • Flags fly outside headquarters of chip equipment maker Aixtron in Herzogenrath, Germany on Oct. 25. Acquisition of Aixtron was blocked by President Obama last week.
(Oliver Berg/AFP/Getty Images)

    Protectionist Sentiments Swell Between China, West

    A Chinese company’s pending purchase of German chip equipment maker Aixtron SE was blocked by President Obama on the basis of national security concerns Dec... Read more

  • A copy of the local Chinese magazine Global People with a cover story that translates to 'Why did Trump win' at a news stand in Shanghai on November 14, 2016. (Johannes EiseleAFP/Getty Images)

    Trump’s Trade Threats Could Actually Help China

    Donald J. Trump came to power in the recent U.S. election with promises of “Making America Great Again,” a pitch which in good part vowed... Read more

  • A photo taken on Aug. 28, 2014 shows a branch of the of the China Construction Bank in Shanghai. (Johannes Eisele/AFP/Getty Images)

    Chinese Banks Unveil Debt-to-Equity Swap Arms

    News Analysis The “Big Five” Chinese banks are setting up subsidiaries to buy and manage debt-to-equity swaps, realizing a directive from Beijing earlier this year... Read more

  • A copy of the local Chinese magazine Global People with a cover story that translates to 'Why did Trump win' at a news stand in Shanghai on November 14, 2016. (Johannes EiseleAFP/Getty Images)

    The Decline of Economics and the Rise of Donald Trump

    Chinese economist Ma Guangyuan contemplates what the U.S. election results tell us about the absence of ethics in today’s economics, particularly as it relates to... Read more

  • Carolyn Bartholomew, Vice Chairman of the U.S.-China Economic and Security Review Commission, introduces the Commission's 2016 Annual Report to the Congress, on November 16 on Capitol Hill. To her left is Chairman Dennis C. Shea who spoke before her. The bipartisan commission reports to Congress on national security implications and the economic relationship between the U.S. and People's Republic of China. (Gary Feuerberg/ Epoch Times)

    China’s Deeply Flawed Economy Hurting America, Finds Congressional Report

    WASHINGTON—Members of the U.S.-China Economic and Security Commission, an advisory group to Congress on China, are calling for a reconsideration of the United States’ long-held... Read more

  • Chinese retirees walk on the street in Beijing Oct. 16, 2014. (Kevin Frayer/Getty Images)

    China’s Pension Reform Diverts More Money into Risky Assets

    To boost returns and support a growing population of aging pensioners, China is embarking on a plan to centralize management of pension funds and divert... Read more

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