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Articles on Chinese economy

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Delivery drivers sit on their electric scooters while waiting for orders outside a restaurant in Beijing, April 26, 2021. Greg Baker/AFP

How the pandemic has changed China’s economy – perhaps for good

In China, as elsewhere, the pandemic has turned the world of work upside down.
Protesters holding umbrellas amid heavy rain march in an anti-government rally in Wan Chai, Hong Kong. AAP/EPA/VIVEK PRAKASH

Trust Me, I’m An Expert: Why the Hong Kong protesters feel they have nothing to lose

Why the Hong Kong protesters feel they have ‘nothing to lose’ The Conversation29.5 MB (download)
Hong Kong leader Carrie Lam has indicated she's open to dialogue. But unless she meets the demonstrators' demands, the protest movement isn't going to end anytime soon.
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.

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