Tag "Chinese economy"
China’s Plan for the Post-Pandemic World Order: The Dual Circulation Strategy
On the 5th of February, 2021, China’s National People’s Congress passed the fourteenth five-year economic plan (14FYP) from 2021 to 2025. A core component of the 14FYP is the Dual Circulation Strategy (DCS). First set forth by President Xi Jinping during the Politburo Standing Committee Meeting of May 14th, 2020, the DCS is set to determine legislative, diplomatic and economic developments in China for the coming decade. Yet, the DCS is not well-defined. By looking into its origins, context, and objectives, this article will forecast the systemic changes to the Chinese economy introduced by the DCS. This article will argue that the DCS is nothing but a plan to advance China’s economic and political interests by strengthening its domestic market, achieving technological self-sufficiency, and promoting the adoption of its standards.
Chinese Activity in the Arctic
Growing US concerns over Chinese involvement in Arctic affairs have raised tensions between the two states. Although detrimental to mutual trust, it is unlikely that economic activity in the Arctic Circle will be disrupted in the near future as China currently seeks to avoid securitization of the region.
Death of a salesman – China attacks private debt
As China’s transitions from prioritizing economic growth to maintaining economic stability, the government has begun levying steep penalties on high-debt private companies for “economic crimes.” Kiana Mendoza looks at several recent examples of these trials, and examines what this could mean for the future.
How (and why) Russia and China are supporting Syria’s devastated economy
Salvaging Syria’s economy aligns with China and Russia’s own interests. A guest post by Rasmus Jacobsen, co-founder of Atlas Assistance.
Under The Radar: Why China’s energy deregulation overshadows the Aramco IPO
Fighting pollution and overcapacity, China is deregulating its energy sector, opening up one of the country’s last unexploited markets.
Media, markets, and perception
Should investors take heed of economic and market news when stocks are tumbling, or are media outlets inherently fear mongering and unreliable? Many market analysts warn we are on the brink of another
Unraveling the China-India conflict risk
India and China held their first joint military exercise along their contested border in Aksai Chin in early February. Is this a sign of warming ties? What are the prospects
4 key takeaways from Davos: Mastering the 4th Industrial Revolution
The 46th annual World Economic Forum (WEF) in Davos, Switzerland took place last week and brought a gaggle of high-powered figures together to discuss current global challenges. Among its 2,500
Forecasting GDP: The fight over China’s GDP figure
Distrusting China’s official numbers but lacking credible alternatives, analysts should give less weight to GDP as an indicator of economic health and newspapers should give less weight to GDP short-term
What does the TPP mean for Europe?
The Trans-Pacific Partnership has been called the ‘biggest trade agreement in history’ and is a big step for the participating member states – but how will it affect Europe? On