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Articles on Chinese economy

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Chinese stamps commemorating Deng Xiaoping, a leader widely regarded to have modernised the country and made it a formidable economic power, 1998. Shutterstock

World politics explainer: Deng Xiaoping’s rise to power

China is one of the world’s largest economies, and Deng Xiaoping was arguably the man who made that happen through his visions of economic reform.
The trade deficit, and how much a country exports or imports, is only part of the story. AP Photo/Reed Saxon

Why trade deficits aren’t so bad

Americans seem to believe trade deficits are a bad thing, partly because of arguments suggesting they mean the US is ‘losing.’ An economist explains why that’s rubbish.
CEO Tim Cook built Apple’s vast supply chain, which stretches from China to Europe. Reuters/John Gress

We estimate China only makes $8.46 from an iPhone – and that’s why Trump’s trade war is futile

The president launched a trade war largely on the premise of a massive trade deficit with China. A closer look at the iPhone shows why he’s wrong.
A 1792 painting by artist James Gillray portrays the Macartney Embassy mission to China, when the British ambassador was rebuffed by the emperor after offering western goods. There are parallels in Chinese history to Donald Trump’s isolationism. British Museum/1868,0808.6228

Lessons in Chinese history as America shuts off from the world

China turned inward during the Industrial Revolution after being a economic powerhouse for thousands of years. There are lessons about the dangers of Donald Trump’s isolationism in Chinese history.
China’s President Xi Jinping at the podium at the World Economic Forum in Davos, Switzerland. AP Photo/Michel Euler

China steps up as US steps back from global leadership

Leaders are worried US leadership on global issues like climate change will be diminished under President Trump. Experts explain why China is ready to lead, and how that could be a good thing.
EPA/Alex Hoffard

How Uber crashed in China

Uber is exiting the race for dominance in China’s ride-hailing market and selling its stake to rival Didi Chuxing.

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