China’s GDP, with its projected value for 2019 at around $14.2 trillion according to the International Monetary Fund’s World Economic Outlook, makes it clear we’re dealing with an economic superpower. According to the same source, China’s GDP is expected to grow by over $1 trillion each year until 2023 and most likely beyond. While it
China Growth
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The Top 10 China-Related Myths We Should FINALLY Acknowledge
The average financial pundit has about as much data-backed insight on the Chinese economy as an elephant has ballerina characteristics. Frankly, most Western analysts are guilty of simply perpetuating stereotypes which were either never accurate to begin with or which used to make sense years or decades ago but are anything but valid at this
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The Chinese BAT: Baidu, Alibaba and Tencent
As far as Western consumers are concerned, perhaps those one can consider tech-savvy have heard about this Chinese trio, colloquially referred to as the BAT group: Baidu, Alibaba and Tencent. Everyone else… not so much, despite the fact that roughly 60% of the time spent by Chinese Internet users online ends up being related to
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China’s Service Sector: An Increasingly Important Growth Engine?
As an analyst who is interested in thoroughly covering China, the most frustrating aspect associated with addressing concerns is represented by the various myth one has to inevitably debunk. One of the top myths, perhaps the number one culprit, is that China is overly-dependent on industrial production and in the mind of the average Westerner,
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China’s Industry and Manufacturing Sector: Past Performance vs. Current Trends
China’s industry and manufacturing dimension is a textbook example of a sector that has experienced tremendous growth, with output having risen more than 300% over the past 10 years and currently sitting well north of 100 trillion CNY. Despite its impressive size and the fact that it accounts for almost 50% of global manufacturing output
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Looking at China Through a BRICS Lens
The initial term “BRIC” was coined by the chief economist of Goldman Sachs (Jim O’Neill) back in 2001 and referred to the world’s four most important emerging markets: Brazil, Russia, India and China. As of 2010, South Africa (the “S” dimension of BRICS) was added to the equation and right off the bat, it’s important
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Intellectual Property Rights in China: From International Obligations to Conflict of Interests
One of the most widely used arguments when discussing the various episodes involving trade tensions between the United States and China has been the fact that billions of dollars are lost each year due to IP rights not being respected properly. On the one hand, you have China’s post-2017 commitment to stricter enforcement, with measures
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China’s Agriculture Sector: Past, Present and Future
You can say a lot about the development of a nation by analyzing its agriculture sector, more specifically the percentage of its GDP represented by agriculture. In China’s case, the fact that agriculture went from representing roughly 50% of China’s GDP prior to Deng Xiaoping’s 1978 reforms to less than 10% at this point, with
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Making Sense of China’s Government Debt Sustainability (or Lack Thereof)
According to the most recent IMF data that is available (their April 2019 World Economic Outlook dataset), the general government gross debt of China as a percentage of its GDP is 55.4%, which seems remarkably low if you compare it to many of the world’s most developed nations. In fact, China’s gross debt to GDP
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The Great Recession (Global Financial Crisis) of 2007-2008 and Its Effect on China
The Great Recession (or Global Financial Crisis, if you prefer this terminology) of 2007-2008 (in)famously had its origins in the United States. More specifically, everyone went crazy when it came to real estate in the US: the average consumer bought more than he could afford to by taking advantage of the easily available mortgage packages,