"First, SOEs' corporate governance can only be improved if they are subject to competition and run …

Next, investment levels and costs need to be cut, so as to lift returns on capital. There is little…

According to The Wall Street Journal, behind closed doors the Chinese government has been going bac…

"These reform measures include: (i) opening up of the municipal bond market to local governments; (…

"The Chinese corporate sector is vulnerable to a slowdown in the real estate and construction secto…

"An inverse relationship generally exists between the measurement time horizon and the ability of t…

Myanmar also released thousands of other prisoners including the two journalists on Tuesday as…

Government bonds, local and central taken together, are barely more than 20% of GDP and households,…

2. Let the government take on state-owned enterprise (SOE) debt - SOE debt is a major problem for C…

"The introduction of private capital into SOEs will not, in itself, alter a key determinant of beha…

"The phrase 'past performance is not an indicator of future outcomes' (or some variation thereof) c…

"The past five years have been marked by the rare combination of a remarkable rebound in domestic e…

China's high debt is just a reflection of the problem instead of the problem itself. On the surface…

"Production cuts are slower than the contraction in demand, therefore oversupply is worsening," sai…

"We show that - during the stimulus years - new credit was allocated relatively more towards state-…

Many British journalists disagreed with the Society of Editors' statement, pointing to instances wh…

"Policy-makers could reshuffle debt among different entities: central government, local government,…

"The picture is equally unfavorable when reviewing the performance over the longer-term three- and …

China is transitioning from an economy based on investment, to one based on domestic consumption. I…

Not everyone, however, was disappointed. Yao said the Plenum met her expectations. Based on the com…