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Carmakers Get A Taste Of China’s Changing Business Climate 14 Aug 2013 | 03:00 am
Another foreign industry pining its hopes of future growth on the Chinese market has fallen under the beady eye of the National Development and Reform Commission (NDRC), the country’s top economic pla...
China stabilises slowing growth the old way 9 Aug 2013 | 08:46 pm
There is a black cloud around the silver lining of China’s July factory production numbers. Industrial production increased 9.7% in the month, up from June’s 8.9% and its fastest pace since February. ...
Guangdong Debt, Cooked Books and Pyramid Schemes 2 Aug 2013 | 12:55 am
In the first five months of this year, the GDP of China’s southern Guangdong province grew by 12.9%, official data shows, while its industry’s electricity consumption fell by 0.1%. Either Guangdong bu...
China Moves To Counter Slowing Growth 25 Jul 2013 | 02:45 am
China’s top leaders have made speech after speech emphasizing the importance of structural reform and their commitment to pursuing it even at the expense of letting the economy slow. But enough is eno...
China Pharma Update 24 Jul 2013 | 10:47 pm
A quick follow-up to our post yesterday about the corruption scandal that has engulfed GlaxoSmithKline’s China business: chief executive Andrew Witty played a dead bat in commenting on it publicly for...
Corruption And Consolidation In China Pharma 23 Jul 2013 | 11:58 pm
This Bystander has been struggling to put the corruption investigation into GlaxoSmithKline in to a broader context. The U.K.’s largest drugsmaker stands charged with paying up to 3 billion yuan ($488...
China Takes Critical First Step To Liberalize Interest Rates 19 Jul 2013 | 05:01 pm
China’s long-awaited liberalization of its interest rates is a big deal. Initially it is a bigger deal symbolically than in reality; only the floor on the rates that banks charge for loans is being sc...
China’s Q2 GDP: Steady As She Slows 16 Jul 2013 | 01:25 am
China’s second-quarter GDP figures came in much as expected, at 7.5% growth year-on-year. That is down from the first quarter’s 7.7% year-on-year growth rate, but the quarter-to-quarter change was up ...
China Picks Up The Half A Percentage Point Of GDP Growth Its Finance Minister Dropped 13 Jul 2013 | 06:12 pm
Xinhua has added half a percentage point to the 7% GDP growth for the year finance minister Lou Jiwei talked of at a Washington press conference on Friday after the U.S.-China Strategic & Economic Dia...
China’s GDP Growth: Feel The Quality Not The Width 12 Jul 2013 | 08:52 pm
China’s leaders have long made a habit of under promising on growth while over delivering. In the double-digit growth decades, GDP growth usually came in, surprise, surprise, handily above the officia...