China

Pakistan Begins to Learn Chinese Development Cost

Despite the official narrative in both Beijing and Islamabad, the China-Pakistan Economic Corridor (CPEC) an ambitious US$51 billion plan to expand and upgrade Pakistan’s infrastructure that is an integral part...

Is China’s High Savings Rate a Curse?

The average savings rate in China is over 30 percent – that is above-average measured by any global average. In other words, a third of the income of a household does not flow back in the economy but stays bloc...

China’s Rising Pile of Infrastructure Debt

While China’s emergence as the world’s second biggest economy has led many developing countries to Beijing as the panacea for all economic issues, especially those related to infrastructure development, the cou...

China’s Export Glut Threatens World Economy

At the height of the 2008 financial crisis, as the world peered into an abyss, China earned global gratitude by pumping a record amount of stimulus into its economy. Ironically, continued stimulus has left the ...

A Cheaper Currency Can’t Rescue the Chinese Economy

The latest figures show that China is putting paid to the simplistic story that a cheaper currency on its own boosts exports.  Don’t be fooled. The performance of the Chinese economy over the past year  is a de...

Theresa May Dares to Risk Upsetting China

At last Britain seems to have a prime minister in Theresa May who means business, and is not primarily interested in playing to the gallery like her predecessor, David Cameron, and his Chancellor of the Exc...

China Out-Pivots the US to the Middle East and Iran

Since the signing of the controversial Iranian nuclear deal that lifted most international sanctions, China has emerged as a principal beneficiary. This is as much a result of aggressive Chinese push as it i...

Potholes in China’s Silk Road

The acknowledgement by Xu Shanda, a retired Chinese deputy director of the State Administration of Taxation, last week regarding potential losses of Silk Road projects has drawn widespread attention as it chall...

‘Make in India’ Resonates with Chinese Corporates

As India and China squabble over Beijing squashing Delhi's move at the UN to ban Azhar Mazoor, the alleged mastermind behind northern India terrorist attacks, and New Delhi retaliates by threatening to stonewal...

China’s Overseas Investments Come with Baggage

While China’s huge overseas investment plans continue to attract attention from developed and developing countries alike, equally important is the skepticism prevailing about the profitability of these inve...