China’s recent monetary stimulus measures initially boosted stock markets but quickly fell short of reviving domestic demand and investment. A "whatever it takes" approach with more forceful fiscal stimulus is essential to reset consumer and investor confidence.

The timing of China’s new stimulus package is not coincidental. Arriving just before the 75th anniversary of the People’s Republic, the announcement was well-received by equity investors, leading to a surge of more than 15% in the country’s main stock indices.

In the wake of China’s exit from its zero-COVID strategy, the government has recognized the need to address the economic risks arising not only from suppl

The rare 50-basis-point interest rate cut is the American central bank’s response to a slowing economy. It will inevitably have far-reaching effects. For China, it is likely to influence capital flows and cause fluctuations in China’s financial markets. It will also put upward pressure on the yuan, which could hurt the country’s exporters.

In this interview with CUSEF President James Chau, Professor Lawrence Lau discusses his book "Is the Chinese Economy a Miracle or a Bubble?" and explains China'

The Chinese Communist Party’s Third Plenum was largely about continuity, endorsing China’s current policy thrust rather than marking a decisive shift.

Decentralization of decision-making from the central government to local authorities is widely regarded as one of China’s most effective policy reforms of the past four decades. As the Communist Party’s priorities shifted from class struggle to economic development, decentralization turned out to be a tremendous catalyst for growth.

In recent months, Chinese overcapacity has been a major topic of discussion – and a source of controversy – among economists and policymakers around the world. While these concerns are not entirely off base, they are excessive and resolvable.

By accurately navigating global currents, stakeholders can consider both the expectations set before the plenum and the realities that follow, providing clearer insight into China’s strategic direction and its global implications.

In the so-called Third Plenum to be held on July 15-18, China’s senior leadership will have an opportunity to establish the broad outlines of a policy framework that could reshape the country’s course for the next several years. Don’t count on it. There is good reason to think that China watchers in the West have unrealistic expectations of what is to come.