Tag Archives: economist

China, Socialism & Consumer Behavior: consumption stimulus to extend into 2010

Stimulus policies spurring Chinese domestic consumption will be maintained in 2010, while high sales growth of home appliances and automobiles due to the stimulus packages will not affect consumption, analysts predict [...]
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China, Socialism & Consumer Behavior: The End of “Chimerica”

For the better part of the past decade, the world economy has been dominated by a unique geoeconomic constellation that the authors call "Chimerica": a world economic order that combined Chinese export-led development with U.S. overconsumption on the basis of a financial marriage between the world's sole superpower and its most likely future rival. In this paper, economic historians Niall Ferguson of Havard Business School and Moritz Schularick of Freie Universität Berlin consider the problem of global imbalances and try to set events in a longer-term perspective [...]
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Watch Paul Romer talk about a radical idea: “Charter Cities”, at TED

How can a struggling country break out of poverty if it's trapped in a system of bad rules? Economist Paul Romer unveils a bold idea: "charter cities," city-scale administrative zones governed by a coalition of nations [...]
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Watch Dan Ariely’s “Are we in control of our own decisions?” talk at TED

Behavioral economist Dan Ariely, the author of Predictably Irrational, uses classic visual illusions and his own counter-intuitive (and sometimes shocking) research findings to show how we're not as rational as we think when we make decisions [...]
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China, Technology, Innovation and the Environment: The Economist Chinese on the “eco-city” Dongtan

The Economist gives an update on the supposed eco-city Dongtan, being built on an island outside Shanghai. After the downfall of corrupt former Shanghai party chief Chen Liangyu, one of the main backers of the project, construction has largely stalled [...]
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Living in China: “Thank you for Smoking”!

One out of every three cigarettes is lit in China, and respiratory disease is on the rise. Some are asking what the future of smoking will look like in China. US-China Today clears the haze [...]
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Advertising in China: Don’t Just Talk At Me, Talk With Me

“Don’t just talk at me, talk with me”. It is one of the 8 new rules for success in China’s changing branding environment summarized by marketing firms Landor Associates and Cohn & Wolfe, as outcome of the conference of Fifth China Branding Roundtable by the Economist Conferences. They interviewed many speakers and experts on the [...]
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China, Socialism & Consumer Behavior: In a Tidal Shift, Chinese Spending More Overseas

Money is moving in a new direction in China — out: Some Chinese are so eager to turn their yuan into other assets that when an online real estate brokerage organized a tour of foreclosure auctions in the United States, it received so many applications that it had to turn away nearly 400 people. In Shanghai, cash-rich Chinese companies are buying high-yield bonds issued by distressed American companies at a time when most investors are steering clear of bonds even from solid companies [...]
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Living in China: Cost of food drives up Consumer Price Index to 8.5%

China's consumer price index(CPI) rose 8.5 percent in April, mainly driven by uncurbed food costs, the National Bureau of Statistics(NBS) said recently. The figure, compared with 8.3 percent in March and a nearly 12-year-high of 8.7 percent in February, was broadly in line with most forecasts. The NBS attributed the figure to a low base of comparison: the CPI rose just 3 percent in April 2007. Another factor was the rapid increase in world grain and commodity prices...
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Living in China: GDP could be 2.5 times that of the US by 2030

China's economy could be 2.5 times that of the US by 2030, based on Japan's experience and the yuan's appreciation against the greenback, a senior Chinese economist says in Harvard Business Review's Chinese edition. The forecast by Justin Lin Yifu, head of Peking University's China Center for Economic Research and recently appointed chief economist of the World Bank, in the May issue of the magazine published on Thursday is one of the most ambitious for China's economic growth...
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