tag:blogger.com,1999:blog-37613584775811049902024-03-05T23:47:08.383-08:00Chinese Economic TrendsAnonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comBlogger30125tag:blogger.com,1999:blog-3761358477581104990.post-51032689898911079992014-09-09T21:38:00.002-07:002014-09-09T21:38:18.670-07:00China's Gini Coefficient at 0.73 Shows Deng's Reform Has Failed
Recently Peking University issued a report
pointing out that the top 1 percent of Chinese households possess
over one-third of the nation's wealth.
But, 25 percent of the poorest
families own just 1 percent of the country's wealth. The report says that families' net
property of the Gini coefficient stood at 0.73. Experts say that the huge gap between rich
Anonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-649808225950167332013-10-13T06:04:00.000-07:002013-10-13T06:04:03.295-07:00Curbing China’s Grey Income Requires Reforming Political System
By Tianlun Jian
The problem in China of “grey income”—money obtained off the books, often by corrupt means—can only be solved by political reform.
Grey income has always been an interesting topic as well as a serious problem. It reflects many facets of China’s darker side, from the entire political system to its management and supervision systems. The soaring amount of grey income is a result Anonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-28004898551407704082013-09-26T08:17:00.002-07:002013-09-26T14:50:37.246-07:00China’s Economy on the Verge of CollapseBy Tianlun Jian
State officials at every level have sought to wring instant benefits out of real estate in China, distorting the economy and setting banks up to fail. Now, the debate about China’s economy is no longer over whether the real estate bubble will burst, but when.
China initiated reform of real estate policy in 1998, and within one year, China had three rate cuts. Interest rates on Anonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-69076976348028693912013-08-22T08:20:00.004-07:002013-08-22T08:21:31.651-07:00China's Real Estate BubbleCBS 60 Minutes has a wonderful program on China's Real Estate BubbleAnonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-73376895026840380592013-08-05T09:36:00.003-07:002013-09-26T14:34:38.423-07:00China’s Land Prices Hit New Peak, as Bubble SwellsBy Tianlun Jian
Cash-starved local governments, cash-rich state-owned enterprises, and banks’ too loose credit policies are fueling speculative land buying in China despite what everyone knows: This bubble is going to burst.
This situation is made more dangerous by the economy’s overall performance. The market expects that China’s GDP growth rate will drop by 2 to 3 percentage points this Anonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-58396806904500704752013-07-10T10:04:00.002-07:002013-07-10T10:04:58.796-07:00China’s Money Shortage Reveals System’s WeaknessBy Tianlun Jian
China’s economy is in crisis. Since June, investors have been preoccupied with the shortage of money in China’s financial system, but while that shortage reveals much that is wrong in China’s formerly high-flying economy, the systemic problems go far beyond tight money.
The shortage in money occurred because an increase in the demand for capital coincided with a reduction of Anonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-37719498427220947782013-07-02T07:35:00.000-07:002013-07-02T07:39:58.421-07:00The Long and the Short of China’s Credit CrunchBy Tianlun Jian | July 1, 2013
The Epoch Times
News Analysis
Suddenly in early June, banks and businesses in China couldn’t get the credit they needed to operate. This was due to both short-term and long-term causes.
On June 6 a loan default triggered credit tightening. China Everbright Bank failed to repay a loan to the Industrial Bank. Subsequently, several major banks such as Anonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-1980558293551708612013-04-27T19:54:00.001-07:002013-04-27T19:54:50.585-07:00Will Boosting Domestic Demand Help China?
Click here to watch the NTDTV Video Interview.
In China today, the economic Troika has stopped working. In
addition, the macro-control has often been interrupted. On April 25th, the
Standing Committee held a meeting to study the current economic situation and
related tasks.
Observers point out, China's current economic predicament has tightened the
space for macro-control policies. Anonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-59594913604558805092013-02-12T09:02:00.000-08:002013-02-12T09:02:50.258-08:00China’s Official Statistics Paint Grim Economic Picture
Not many people take the statistics coming out of
China at face value. The Chinese regime and local governments have a long track
record of manipulating or even completely fabricating economic data. However, if more
reliable data is not available, the data published by the National Bureau of
Statistics of China remains the only one usable for analysis. No matter how
unreliable it is, this Anonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-90442597421773031172012-12-24T22:31:00.002-08:002012-12-24T22:44:20.350-08:00Another Aspect of Chinese Economic Trends
I read the article "Halloween decorations carry haunting message of forced labor" with fear. The message was from a product made by forced labor in China. I believe this constitutes a real part of Chinese economic trends. So I put it into my blog.
This article may help us understand why those "made-in-China" products are so cheap. More important, readers, what can we do to Anonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-10288084432342004452012-12-20T19:58:00.004-08:002012-12-20T19:58:58.037-08:00Why the Party Can’t Fix the Chinese Economy
By Tianlun Jian
Income inequality is commonly recognized as a major hindrance to China’s economic and social stability and continued development. Many have observed with disbelief the level of polarization in China, and wondered what has gone wrong with the system.
Nothing, in fact, went wrong. The state machine has executed precisely the ideas of Deng Xiaoping, the designer of China’s Anonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-48992593121321167142012-12-20T19:55:00.002-08:002012-12-21T12:58:38.548-08:00China Faces an Inevitable Economic Failure
Thousands of job seekers flock to an employment fair in Hefei, east China's Anhui Province on Feb. 25. A decline in the housing market will create unemployment and depress other economic sectors that hinge on real estate. (STR/AFP/Getty Images)
China’s economy has experienced a recent slowdown that comes as no surprise to economists who have kept the fundamental problems of the country’s Anonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-51652293295748002012012-11-30T21:00:00.001-08:002013-01-06T17:58:20.032-08:00China's Political Economic Structure Creates InequalityBy Tianlun Jian
Chinese people all like to talk about the economy, fear to discuss
politics, fear to touch politics. I remember before I obtained my PhD in
economics, I obtained a master's degree in political economy. My wife
complained: you are studying in the Department of Economics, why do you get a
degree prefixed with a "political" word, in front of the economics?
At that time, I did not Anonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-9155894318505469792012-10-28T21:34:00.001-07:002012-11-26T15:03:48.863-08:00Fundamental Problems in the Chinese Economy (II)By Tianlun Jian
Can exports and investment continue to support high GDP growth in China?
China’s International Competitiveness Is
Weaker
Since
the outburst of global financial crisis, global economic demand has drastically
weakened. Demand for China's exports has since grown at much a slower pace. China’s export growth rates declined from
around twenty percent per year between 2000Anonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-49419737921588747482012-10-28T21:31:00.001-07:002013-02-03T20:30:14.174-08:00Fundamental Problems in the Chinese Economy (I)
By Tianlun Jian
China's
economic data has dismayed investors and economists since last year. The HSBC Purchasing Index (PMI) posted 47.9
in September, signaling an eleven month-on-month deterioration in China's
manufacturing sector. Industrial output in August rose at the slowest rate in
three years, and profits in the industrial sector declined 6.2 percent in
August vs. a year ago, Anonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-14326226913112143802012-08-02T10:56:00.001-07:002012-09-06T21:29:08.343-07:00Shanghai Composite at 41 Month LowSource: http://www.ntdtv.ca/gb/2012/08/01/Art80780.html
The Shanghai Composite Index moved lower in back-to-back sessions to a fresh 41-month low at close yesterday, settling just above 2,100. The large-cap focused CSI300 of the top Shanghai and Shenzhen listings moved into negative territory year-to-date.
Economist Jian Tianlun says structural problems continue to
plague the Chinese Anonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-71914127139362083592012-07-30T19:51:00.002-07:002012-09-06T21:31:30.673-07:00Structural Problems Plague Chinese Economy
By Tianlun Jian
China’s current economic situation is similar to that in
early 2009, perhaps even worse. The engine that is driving China’s economy is
sputtering. Exports and investments, the main driving forces of China’s
economic growth, are slowing down. The real estate industry, the locomotive
that just recently pulled the economy, is also weakening. All three aspects are
fading.
Anonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-76645549472802698532012-07-29T19:27:00.000-07:002012-09-06T21:32:00.532-07:00China’s Loan Crisis Threatens Privately Held Companies
By Tianlun Jian
An arrangement put in place by China’s state-owned banks to help them extend credit to China’s privately owned companies is now threatening to drag that sector down. A slow economy is making the crisis worse.
On July 16 the Zhejiang Provincial Financial Office acknowledged having received a letter from six hundred private companies in the provincial capital, Hangzhou, calling Anonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-16507585142263022132012-06-27T21:40:00.000-07:002012-09-06T21:32:38.669-07:00China’s Housing Boom Has EndedBy Tianlun Jian
Is the ice thawing and
spring returning to China’s housing market? Investors have recently dared to
ask this question.
The recent interest rate
cuts and Premier Wen Jiabao’s words re-emphasizing “stable growth” have led the
market to wonder if the Chinese state has changed its policies for controlling
the housing bubble.
Moreover, in a few
cities, housing prices andAnonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-26692455516196509832012-06-08T23:12:00.000-07:002012-09-06T21:33:24.189-07:00Worsening Economy Forces China’s Interest Rate Cuts
Worsening Economy
Forces China’s Interest Rate Cuts
Cuts give banks
greater flexibility in offering loans
By Tianlun Jian
Fears of a hard landing appear to have caused the People’s
Bank of China (PBOC) to have reached into its tool kit to find another way to spur
China’s sluggish economy. Along the way PBOC may have taken a step toward
reform of China’s banking system.
PBOC had Anonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-39660340589172328732012-04-18T10:15:00.001-07:002012-09-06T21:34:06.240-07:00China’s Economic Reform Requires Political Reform
By Jian Tianlun
China’s economic reforms have reached a critical point, and the
economy designed to support the Communist Party’s rule now calls that
rule into question.
When Deng Xiaoping proposed economic reforms in 1978, the Chinese
Communist Party (CCP) found maintaining its rule difficult. The Chinese
economy was about to collapse, and people’s daily living had become a
problem.
Anonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-12560872929902687342012-04-11T22:01:00.000-07:002012-09-06T21:34:38.397-07:00Can China Break the Banking Monopoly?
By Tianlun Jian
Currently, the Chinese mainland
banking sector is still dominated by four state-owned banks (Bank of China,
Industrial and Commercial Bank of China, Agricultural Bank of China and Construction Bank). China
is such a big country, the second largest economy in the world with a
population of 1.3 billion, yet it has only a few dozen banks, which coupled
with foreign bank Anonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-20740159923439840932012-03-14T10:21:00.000-07:002012-09-06T21:35:29.776-07:00Why Hasn't China's Housing Bubble Burst Yet?
By Tianlun Jian
After my series of articles on China's housing markets, some readers
have asked why housing in China is so expensive? The bubble is known to
everyone, and the government is taking measures to control it. Why has
the bubble not burst? Actually many researchers have forecast that
China's housing markets would collapse years ago. Beijing's housing
prices were already as Anonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-81287029177631830882012-03-12T11:49:00.001-07:002012-09-06T21:36:37.876-07:00China’s Real Estate Spirals Downward
By Gao ZitanEpoch Times Staff
China’s real estate (RE) market is in a downward spiral. A big drop
of 30-50 percent this year is not impossible, according to a Chinese
economist.
According to data presented by China’s National Bureau of Statistics
in January 2012, the overall price of RE in China’s 70 largest and
mid-sized cities has dropped four months in a row.
“With the central Anonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.comtag:blogger.com,1999:blog-3761358477581104990.post-82168442903347079232012-02-24T19:38:00.000-08:002012-04-20T08:21:13.790-07:00Land Foreboded Decline in China’s Housing Markets
By
Tianlun Jian
As
China’s housing market took a turn last October, the decline in housing prices
has widened and deepened.
December
statistics show that out of the twenty three cities that the Soufun website—China’s
leading real estate Internet portal—follows, housing prices have declined in
all cities but one. Among them, ten fell more than ten percent from their highs
in 2011.
Anonymoushttp://www.blogger.com/profile/06781561431275289488noreply@blogger.com