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New Business

Why China’s 5-year plan matters – and how it could steer economy in turbulent times

As China drafts its 15th five-year plan – the next entry in a line of expansive blueprints that have set…

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Exclusive | Dong Yu on why ‘every chapter’ of China’s five-year plans boils down to income

Dong Yu has been executive vice-president of the China Institute for Development Planning at Tsinghua University since 2019. Before joining…

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China’s economists weigh pros and cons of consumption benchmarks

As Beijing gathers public input on China’s next five-year plan – a mission statement for the next half-decade of economic…

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Opinion | China could become a high-income country this year, but can it stay one?

There seems to be a never-ending amount of scholarship and commentary on how China can escape the middle-income trap. It…

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Can China pass on-the-ground tests to ace its economic report card in 2025’s second half?

Having gone five years without a raise, and now facing increased odds of being laid off, a 36-year-old accountant in…

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New Business

Developing | China’s economy withstands US tariff war with 5.2% growth in second quarter

China’s economy expanded by 5.2 per cent in the second quarter, keeping it broadly on track to meet this year’s…

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Will China’s first-half GDP data reveal need for more fiscal stimulus?

Analysts awaiting details of China’s economic performance in the first half of the year, which are due to be released…

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China pledges to build megaprojects despite pivot to domestic consumption

China will continue to “scientifically” plan and build megaprojects while maintaining its “investment intensity” over the next five years, officials…

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New Business

China urged to restore local fiscal capabilities with 30-trillion-yuan debt swap

China should issue 30 trillion yuan (US$4.2 trillion) in treasury bonds to swap local governments’ hidden liabilities to re-energise growth…

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New Business

In a first, Pakistan joins $400bn GDP club

A foreign currency dealer counts US dollars at a shop in Karachi, on May 19, 2022. — AFP/File Market expert…

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