China's Modern Economy 中国现代经济 meets TuTh 11:45-1:15 Huntley 230
China’s debt, and bad loans are leading to questions about the state of China’s economy.Many foreign banks have loans outstanding in China, and the UK banks take the lead by far (see graph below).The question for China, and now the Uk and all banks with loans in China is what happens if China’s economy goes… Continue reading UK Banks tied to China’s economy
As has been been well documented, there are a lot of questions surrounding the Chinese economy. Its growth has not been up to the same levels as it has in years past. Specifically, manufacturing has slowed down. The target rate of growth for China is 7.5 percent and people are wondering if there will be… Continue reading Secret Stimulus?
Millions of talented and educated Chinese citizens are leaving the mainland for jobs, clean air, opportunity, and other reasons. Many are leaving to protect their wealth, scared of President Xi’s new war on corruption. They are leaving also because they don’t have a ton of faith in the economy, in terms of being regulated tightly… Continue reading China’s Talent is Leaving
UnionPay is a Chinese government backed bankcard company. It is currently being used by thousands to smuggle billions of dollars into other countries and the special region of Macau. Macau is the only place in or around China where gambling is legal. This is one of the main places where billions of dollars are being… Continue reading Money Being Smuggled Out of China
On March 1st eight men and women with knives attacked over one hundred people at the Kunming Railway station, murdering 29 and wounding 140 others. Four of the attackers were killed, and the rest were later caught. There are many reports from within the station stating that the attack was scary, hectic, and tragic.The attackers… Continue reading Attack at Kunming Station
Gary Locke is happy with the growing ties between China and the US economically but believes China needs to work on government transparency and more freedoms for their people. Locke is the US ambassador to China and has been trying to influence China and their policies for some time. He has tried to influence China… Continue reading US Happy with Growing Bonds with China
China and Taiwan met for the first time formally in 65 years since the country split in 1949. China has never accepted or acknowledged Taiwan as an independent country. According to US intelligence, “The Chinese government keeps around 1,200 missiles pointed at Taiwan” just in case they decide to declare independence. Tensions are high to… Continue reading China and Taiwan Formally Talk
Less than 6 months ago, China claimed that they had ended their [policy of political] re-education through labor camps. The labor camps released all of their prisoners/residents and will no longer be “re-educating” people at these camps, or will they? To say the least, these camps have been questionable. These labor camps are ideally were… Continue reading Labor Camps Closed?
China and Japan, long time rivals who represent the second and third largest economies in the world, are seeing tensions rising. Tensions have been rising for a while now between the two countries caused by an increase in the Japanese military, a rewriting of the Japanese constitution, arguments of islands in the East China Sea,… Continue reading Rising Tension Between China and Japan
It is well known that China produces more pollution than anywhere else on earth. Twenty one percent of the Chinese pollution produced every year can be traced to exports that are specifically made for the US. Although we have moved a lot of manufacturing to China, and thus a lot of our pollution it seems… Continue reading China Smog Travelling to America
The Chinese economy seems to be expanding overseas. They are being encouraged to invest in other economies including the USA. this has been met with mixed feelings. One the one hand Chinese investment could lead to more jobs and growth. People are wary of an expansion of China’s power, control, and government. This article points… Continue reading Chinese Investment