China economy

Inserted 3 hours ago

“Tariffs are currently 7.5 percent on electric vehicle battery packs but 25 percent on the components of those packs. The lower rate should be raised. China had long steered its subsidies to companies that manufacture and source their products in China - and sometimes had required those companies to be Chinese-owned. In order to build up industrial sectors where China has a first-mover advantage and now a cost advantage you need to have an insulated market - and to use some of the tools that China has already used.”

Senior fellow at the Council on Foreign Relations in Washington and a former adviser to the U.S. trade representative under Mr. Biden

18 Apr 2024 4 2

Lael Brainard

Inserted 3 hours ago

“China's policy-driven overcapacity poses a serious risk to the future of the American steel and aluminum industry. China cannot export its way to recovery. China is simply too big to play by its own rules.”

Nytimes

Head of the White House National Economic Council

18 Apr 2024 5 4

Janet Yellen

Inserted 1 week ago

“China is too large to export its way to rapid growth and would benefit by reducing excess industrial capacity which is pressuring other economies. Overcapacity isn't a new problem, but it has intensified, and we're seeing emerging risks in new sectors.”

Reuters

United States Secretary of the Treasury

05 Apr 2024 4 3

Nadège Rolland

Inserted 1 month ago

“They see technology as the solution to every problem they're facing - economic, environmental, demographic, social. If they cannot make sufficient advances in this domain, it's going to be very difficult for them.”

Nytimes

Researcher at the National Bureau of Asian Research who studies China's strategic thinking

10 Mar 2024 1 2

Xu Sitao

Inserted 7 months ago

“Cutting interest rates is necessary. It is about stabilizing the property sector and offering calibrated relief to companies and local governments that are experiencing financing woes.”

Nytimes

Chief economist in the Beijing office of Deloitte

22 Aug 2023 1 2

George Magnus

Inserted 7 months ago

“What China should do is back off its obsession with state and party-led industrial policy, redistribute income and wealth to households and the private sector, implement tax and social security reforms, and allow the prices of capital, land and labour to be determined in the market. But I'm not holding my breath.”

Aljazeera

Research associate at Oxford University’s China Centre

21 Aug 2023 0 2

Christopher Beddor

Inserted 7 months ago

“The way that [Japan and China] are similar is that there's an open question about whether they have been overinvesting, and piling up a lot of debt. That means that eventually, they need to pay down the debt, and that is going to mean lower growth.”

Aljazeera

Deputy China research director at Gavekal Dragonomics

21 Aug 2023 4 2

Joe Biden

Inserted 8 months ago

“That's not good because when bad folks have problems, they do bad things. China is a ticking time bomb. China was growing at 8 percent a year to maintain growth. Now, close to 2 percent a year.”

Aljazeera

President of the United States

10 Aug 2023 3 3

Fu Linghui

Inserted 9 months ago

“By quarter, the GDP grew by 4.5 percent year on year in the first quarter and 6.3 percent in the second quarter. Market demand gradually recovered, production supply continued to increase, employment and price were generally stable, and residents' income grew steadily.”

Aljazeera

Spokesman of the China National Bureau of Statistics (NBS)

17 Jul 2023 1 2

Li Qiang

Inserted 1 year ago

“In this uncertain world, the certainty China offers is an anchor for world peace and development. This is the case in the past and will remain so in the future. China will continue to seek progress while maintaining stability, consolidate and expand the momentum of economic recovery and promote the continuous overall improvement of China's economic performance.”

Aljazeera

Chinese Premier

30 Mar 2023 2 4

Yang Jiang

Inserted 1 year ago

“If a lot of businessmen move out of China it could start to look like a Chinese brain drain. And that is a development the government would want to stifle since China needs these private individuals to maintain its market dynamism.”

Aljazeera

Senior researcher at the Danish Institute for International Studies

27 Mar 2023 (approx) 2 3

Sara Hsu

Inserted 1 year ago

“China is becoming a less attractive country to invest in, leading Chinese investors to seek out better opportunities abroad. And while it is challenging to move large amounts of money out of China, many have found a way.”

Aljazeera

Expert on Chinese fintech and shadow banking at the University of Tennessee

27 Mar 2023 (approx) 2 1

Keqiang Li

Inserted 1 year ago

“Global inflation remains high, global economic and trade growth is losing steam, and external attempts to suppress and contain China are escalating. At home, the foundation for stable growth needs to be consolidated, insufficient demand remains a pronounced problem, and the expectations of private investors and businesses are unstable.”

Aljazeera

Premier of the People's Republic of China

05 Mar 2023 1 3

Zhou Hao

Inserted 1 year ago

“While we need to treat these numbers with caution as there might be significant seasonal and event factors, the overall trend still points to a solid recovery at the beginning of 2023. The decent PMI [Purchasing Managers' Index] readings provide a positive note for the upcoming National People's Congress. We expect the government to roll out further supportive policies to cement the economic recovery.”

Aljazeera

Economist at Guotai Junan International

01 Mar 2023 2 2

Carlos Casanova

Inserted 1 year ago

“The data exceeded expectations over the board, which means fewer risks to Q1-23 growth. We have revised our growth forecast for 2023 to 6.0 percent. The latest official statistics contained warning signs for long-term growth, including the first official decline in the population since 1961. Namely, China experienced a permanent loss in potential output as a result of low fertility rates during three long years of zero-COVID, resulting in a marked population decline.”

Aljazeera

Senior economist for Asia at UBP in Hong Kong

17 Jan 2023 2 7

Kristalina Georgieva

Inserted 1 year ago

“2023 will be a tough year. Why? Because the three big economies, [the] US, EU, China, are all slowing down simultaneously. China, the world's second-largest economy, is likely to grow at or below global growth for the first time in 40 years as COVID-19 cases surge following the dismantling of its ultra-strict 'zero-COVID' policy. That has never happened before. And looking into next year, for three, four, five, six months the relaxation of COVID restrictions will mean bushfire COVID cases throughout China. I was in China last week, in a bubble in the city where there is 'zero COVID'. But that is not going to last once the Chinese people start travelling. Before COVID, China would deliver 34, 35, 40 percent of global growth. It is not doing it anymore. It is actually quite a stressful for … the Asian economies. When I talk to Asian leaders, all of them start with this question, 'What is going to happen with China? Is China going to return to a higher level of growth?' The US is most resilient. The US may avoid recession. We see the labour market remaining quite strong. This is, however, [a] mixed blessing because if the labour market is very strong, the Fed may have to keep interest rates tighter for longer to bring inflation down.”

Aljazeera

Managing Director of the International Monetary Fund

01 Jan 2023 8 6

Shehzad Qazi

Inserted 1 year ago

“This can't be fixed in the short-run, you can't build iPhone cities that easily in other parts of Asia. The supply chains of companies like Apple are incredibly vulnerable because they're concentrated almost exclusively within China.”

Aljazeera

Managing director of consultancy China Beige Book

16 Dec 2022 4 4

Alicia Garcia-Herrero

Inserted 1 year ago

“December data might be even worse - that's not because everything is getting worse in China, because the end of the tunnel is coming. I am expecting a big collapse in industrial production in December. This will be the immediate consequence of the opening up.”

Aljazeera

Chief economist of Asia-Pacific at Natixis

15 Dec 2022 0 1

Tommy Wu

Inserted 1 year ago

“Chinese leaders have a much greater degree of control over the financial system and the real economy than US policymakers did in 2008. So they have the tools to stave off an acute crisis. They have the tools to stave off financial contagion and a complete collapse in credit flows because they can simply order the banks to lend. They can work outside the legal bankruptcy system to keep everyone liquid, to avoid disorderly chains of default. China could still be looking at years of economic stagnation, which would feel like a recession to many Chinese after decades of strong growth. We could just see an extended period of slow growth, something more like a Japan scenario, a sort of grinding slowdown over many years even absent acute financial distress or panic in the market.”

Aljazeera

Lead economist at Oxford Economics

30 Aug 2022 (approx) 2 4

Toru Nishihama

Inserted 1 year ago

“China's economy has stood on the edge of falling into stagflation, although the worst is over as of the May-June period. You can rule out the possibility of a recession, or two straight quarters of contraction. Given the tame growth, China's government is likely to deploy economic stimulus measures from now on to rev up its flagging growth, but hurdles are high for PBOC to cut interest rates further as it would fan inflation which has been kept relatively low at present.”

Reuters

Chief economist at Dai-ichi Life Research Institute in Tokyo

15 Jul 2022 4 1

Ipse Dixit

Ipse Dixit

Context

IPSE'S AUTHORS LAST 24h

IPSEs IN THE LAST 24H

NEW CONTEXTS IN THE LAST 24H

“China's policy-driven overcapacity poses a serious risk to the future of the American steel and aluminum industry. China cannot export its way to recovery. China is simply too big to play by its own rules.”

“China is too large to export its way to rapid growth and would benefit by reducing excess industrial capacity which is pressuring other economies. Overcapacity isn't a new problem, but it has intensified, and we're seeing emerging risks in new sectors.”

“They see technology as the solution to every problem they're facing - economic, environmental, demographic, social. If they cannot make sufficient advances in this domain, it's going to be very difficult for them.”

“Cutting interest rates is necessary. It is about stabilizing the property sector and offering calibrated relief to companies and local governments that are experiencing financing woes.”

“The way that [Japan and China] are similar is that there's an open question about whether they have been overinvesting, and piling up a lot of debt. That means that eventually, they need to pay down the debt, and that is going to mean lower growth.”

“That's not good because when bad folks have problems, they do bad things. China is a ticking time bomb. China was growing at 8 percent a year to maintain growth. Now, close to 2 percent a year.”

“By quarter, the GDP grew by 4.5 percent year on year in the first quarter and 6.3 percent in the second quarter. Market demand gradually recovered, production supply continued to increase, employment and price were generally stable, and residents' income grew steadily.”

“If a lot of businessmen move out of China it could start to look like a Chinese brain drain. And that is a development the government would want to stifle since China needs these private individuals to maintain its market dynamism.”

“China is becoming a less attractive country to invest in, leading Chinese investors to seek out better opportunities abroad. And while it is challenging to move large amounts of money out of China, many have found a way.”

“This can't be fixed in the short-run, you can't build iPhone cities that easily in other parts of Asia. The supply chains of companies like Apple are incredibly vulnerable because they're concentrated almost exclusively within China.”

“December data might be even worse - that's not because everything is getting worse in China, because the end of the tunnel is coming. I am expecting a big collapse in industrial production in December. This will be the immediate consequence of the opening up.”

IPSEs by Context

April

IPSEs by City

IPSEs by Author

IPSEs by Entity

IPSEs by Country

Mon	Tue	Wed	Thu	Fri	Sat	Sun
01	02	03	04	05	06	07
08	09	10	11	12	13	14
15	16	17	18	19	20	21
22	23	24	25	26	27	28
29	30

Mon	Tue	Wed	Thu	Fri	Sat	Sun
01	02	03	04	05	06	07
08	09	10	11	12	13	14
15	16	17	18	19	20	21
22	23	24	25	26	27	28
29	30

Mon	Tue	Wed	Thu	Fri	Sat	Sun
01	02	03	04	05	06	07
08	09	10	11	12	13	14
15	16	17	18	19	20	21
22	23	24	25	26	27	28
29	30