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CHINESE ECONOMY

China Rolls out Private Pension Plan in Efforts to Tackle Economic Challenges Linked to its Aging Population
In a major move to address China’s growing elderly and aging population, Beijing has unveiled a private pension scheme that will allow people to invest their retirement funds into pension plan accounts. The scheme will...
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‘Unified National Market’ Push Exposes Steep Challenge of Reforming China’s Economy
On April 10, the Central Committee of the Chinese Communist Party (CCP) and the Chinese government’s State Council released an opinion document on “accelerating the construction of a unified national market.”  The opinion called for...
Farmers in China’s Breadbaskets Desert Crops to Comply With ‘Zero-COVID’ Restrictions
On top of dealing with the worst outbreak it has seen since the beginning of the pandemic, now food security has become a growing problem in China as COVID lockdowns show no signs of easing. ...
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‘Zero-COVID’ Lockdown in Shanghai Compounds Xi’s Political Dilemma
News analysis Over the past two years, cities and entirely provinces in China implemented economically and socially destructive “zero-COVID” lockdowns and other control measures to squash the virus. Shanghai, however, stuck to a milder “precise...
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US Government to Exempt 352 Chinese Goods From Reinitiated Tariffs
The Biden administration announced on March 23 that it had moved to reinstate tariff exemptions on more than 350 types of imported Chinese goods — accounting for about two-thirds of product exclusions that had expired...
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3 Key Takeaways From China’s ‘Two Sessions’ Meetings This Year
News analysis Delegates of the People’s Republic of China’s (PRC) rubber-stamp legislature and political advisory body met in Beijing for the annual “Two Sessions” meetings in March. At the week-long meetings of the National People’s...
China Represses Another Agricultural Firm: 13 Years in Jail for Xiangda Chairman
Zhang Dewu, chairman of the Xiangda Group, has been sentenced to 13 years in prison under several charges — including “picking quarrels and provoking trouble", illegal detention, bid-rigging, loan sharking, and gathering a crowd to...
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Xi Warns About Food Security at ‘Two Sessions’ Meetings: ‘China can’t be complacent’
War in Ukraine, bad harvests threaten crisis for the world's largest country by population At the “Two Sessions” meetings of the People’s Republic of China (PRC) government held starting March 4, Chinese leader Xi Jinping...
China Considers Buying Into Russian Energy Amid Growing Economic Challenges and COVID Lockdowns
Financial news analysis China’s ambitious economic growth target for the year is already being questioned by analysts just days after being announced as the country faces a spike in oil prices, continuous new COVID-19 outbreaks...