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The serious consequences of "supply and demand" in China 5 May 2011 | 12:07 am

The natural reaction of a farmer to an increase in the price of a crop is to plant more of it for the following year. Supply and demand. The difficulty comes in realising that you are not the only on...

The economics of dams in China - water wars on the horizon? 4 May 2011 | 03:05 am

China is a thirsty country that needs a lot of water. To this end it is using a lot of dams in some very sensitive areas. There are a whole lot of "externalities" involved with dam production for thos...

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