China's Modern Economy 中国现代经济 meets TuTh 11:45-1:15 Huntley 230
In Hessler’s Country Driving, there are a lot of moments when Hessler is driving on the highways and there are no other cars except for the Liberation trucks. This contrasts greatly with the scenes in the cities where cars travel in packs, bumping up against one another. One of the things that we did not… Continue reading Country Driving and Transportation
The Organization for Economic Cooperation and Development and the World Trade Organization have created a new possibly more accurate system for analyzing trade between countries. The traditional method measures only imports and exports and is much simpler. However, the old model is considered; by many experts as too simple for an increasingly complex worldwide economy. The… Continue reading U.S. China trade deficit significantly lower under new system of analysis
Apple CEO Tim Cook believes that China will soon become the largest market for his company’s products. Unlike other technology firms, Apple does not have to deal with tight censorship from the Chinese government. This is because they produce hardware, rather than internet services (like Facebook and Google), which are highly regulated. One service that Apple does provide,… Continue reading China to become Apple’s top market?
Growing up in China, I’ve been educated that when people are married, the guy’s family needs to provide an apartment for the young family, either new or old. In recent years, with the high inflation in both consumer goods and real estate market, young people have been complaining about not being able to afford housing… Continue reading Can the Young Chinese Afford Housing Now?
Cyclists travel on the road on a hazy day in Huaibei, in central China’s Anhui province Monday Jan. 14, 2013. (AP Photo) an excerpt thanks to Christine Feng [the prof] Air Pollution Crisis In China Could Trigger The Public Backlash Needed For Officials To Take Action By Lisa Barron On January 15, 2013 @ 11:15 am… Continue reading Air Pollution: Visibly Bad
The article “Li’s Urban Planning Drives Sends Invesco Into Machinery Stocks” from Bloomberg’s website explains that the ongoing urbanization taking place in China will result in larger investment in machinery and railway stocks. As more people begin to move to Chinese cities, public transportation and other infrastructure essential to city growth will see improvements. These… Continue reading Urbanization will lead to Investment in Chinese Machinery
-by Christy and Suraj Maoping can be considered as a very efficient village, even with very less infrastructures present, at least during the time the film was shot. The Household Responsibility System made growing crop very efficient as every family in the village was responsible to grow their own rice and wheat. Thus, every family… Continue reading The Heart of the Dragon: Living
With the India-China Strategic Economic Dialogue, India and China could potentially join forces and foster economic power. This dialogue could lead to gaining high-speed Chinese trains and to having Indian information technology experts working in China. This dialogue would also open up more opportunities for foreign direct investment between the two countries. The India-China Strategic… Continue reading High-Speed Trains, Trade on India-China Agenda
With the 113th Congress now in session and the issue of the tax increases put to bed minutes before the end of 2012, the focus of the media and the world becomes the imminent debt ceiling. The United States is rapidly approaching its borrowing limit of $16.4 trillion, and a debate and a storm are… Continue reading China and The U.S. Debt Crises
Signs of growth – stronger growth – abound. Car sales are up by double-digits in 2012, and 2013 looks even better, perhaps 20 million units? (The US may hit 15 million, sales in the EU are in freefall.) China is the most important market for both GM and VW. Chinese exports are up, suggesting that… Continue reading Strong growth, but … ?
The village of Maoping in 1982 represented both the continuity of Chinese rural life and the changes brought about by the Communist Party. The peasantry appears unaffected by the efforts at modernization begun near China’s eastern urban centers. Housing was built out of wood and earth in a traditional process centuries old. Rice remained the… Continue reading Village China
Here is a sample of the news coverage in the Financial Times, the world’s leading English-language newspaper, in that it has more extensive coverage of the world as a whole than any US publication. See “Links” in the right-hand column – you can sign up for a daily email on their China coverage. China Business,… Continue reading Financial Times China Coverage
The World Bank issued an economic update on December 19th that highlighted the growth of the western Pacific as a whole — though China is a major part of that. Below I post select points (out of a much longer list). A question we need to keep in mind this term is China’s location in… Continue reading World Bank December overview
Here’s a post on the Worthwhile Canadian Initiative economics blog with basic data on the rise of China as a share of global GDP. Note that this is done in PPP (purchasing power parity) terms, which is good at comparing consumption but not necessarily “clout” in global markets, where market exchange rates matter. More come… Continue reading World GDP Shares