PIIE Blog | China Economic Watch
The Peterson Institute for International Economics is a private, nonprofit, nonpartisan
research institution devoted to the study of international economic policy. More › ›
Subscribe to China Economic Watch Search
China Economic Watch

This blog monitors ongoing developments in China's economy, analyzes the impact of policy changes, and informs readers about new PIIE research on China.

Recent Posts

China Chart of the Week: Census Raises GDP

by | December 24th, 2014 | 05:40 pm

Last week China released the preliminary results of its third economic census and its impact on national economic statistics. The headline number was an increase for 2013 GDP level of 3.4% (RMB 1.9tr, USD 308bn), driven primarily by an upward revision in tertiary industry. A USD 308 billion revision, roughly equivalent to Malaysia and Singapore’s 2013 GDP, may seem […]

Read full post

China Rebalancing Update – Q3 2014

by | December 17th, 2014 | 11:18 am

With all the relevant economic data out, we can now update our rebalancing indicators for the third quarter of 2014: 1. Urban Disposable Income Growing Faster than GDP The gap between GDP growth and urban disposable income growth expanded slightly in the third quarter of 2014. In real terms, GDP growth was 50 basis points […]

Read full post

Monday Readings about the Chinese Economy

by | December 15th, 2014 | 05:58 pm

With so many articles about China that came out on Friday and over the weekend, we collected a few that you will not want to miss: Economics Yesterday’s Lima agreement was inspired by the Obama-Xi deal from last month. We expressed hope about that deal in November. The New York Times reported: “the catalyst for the […]

Read full post

China Chart of the Week: China More Powerful than the EU?

by | December 12th, 2014 | 12:00 pm

Will China be more powerful that the EU within six years? Nearly six in ten Europeans think so, according to an EU-wide opinion poll from this year. While there are moderate differences between countries, there is not a single country were the majority of respondents believe that the EU will be stronger than China in […]

Read full post

Cleaning up Energy Consumption in China: The Nuclear Question

by and Kevin Stahler | December 11th, 2014 | 05:15 pm

Cleaning up Energy Consumption in China: The Nuclear Question China – now in the midst of a war on pollution – is actively seeking to reduce reliance on fossil fuels and slowdown carbon emissions. Last month, China announced two targets to increase the share of non-fossil energy sources from the current 10 percent to 15 […]

Read full post

CNOOC’s Offshore Energy Aspirations in the South China Sea

by | December 8th, 2014 | 07:00 am

This year has seen yet another series of flare ups in China-Vietnam tensions over oil exploration projects in the South China Sea.  Most dramatically, in May, a Chinese oil rig exploring area around the disputed Paracel Islands, sparked anti-China protests in Vietnam.  More recently, Vietnam and India’s October defense and oil exploration agreement has been […]

Read full post

At Long Last, A China-Australia FTA

by | December 4th, 2014 | 04:20 pm

Last month saw the agreement, in principle, for the conclusion of the China-Australia FTA (ChAFTA), nearly 10 years after the start of negotiations.  Hailed by Prime Minster Tony Abbott as “the most comprehensive agreement China has concluded with anyone,” ChAFTA does indeed appear to be groundbreaking.  In Bridging the Pacific, we analyzed China’s free trade […]

Read full post

Chinese Students Love American Universities

by | December 4th, 2014 | 09:43 am

In November, the Wall Street Journal reported that, despite “massive” investment into higher education in China, the number of Chinese students in the United States reached an all-time high. Is this just a part of the natural, steady growth that we should expect, given China’s economic success? And will Chinese graduates take home the human […]

Read full post

Chart of the Week: China Maintains Commitment to Reduce Financial Risks

by | November 18th, 2014 | 03:54 pm

Last week, the Peoples Bank of China released total social financing data showing credit growth continued to slow in October. Credit growth in the first ten months of the year was down 8.9 percent compared with the same period last year. Even better the proportion of off-balance sheet credit issued by banks or non-bank financial […]

Read full post

US-China Climate Deal: Walking on Water?

by Sean Miner | November 14th, 2014 | 07:38 pm

One of the biggest headlines to come out of the APEC meetings in Beijing was the accord between China and the US on limits of CO2 emissions.  The U.S. agreed to cut emissions by 26 to 28 percent from its 2005 levels, while China said its CO2 emissions would peak around the year 2030 and […]

Read full post