A fast shrinking labor force, who mostly get a college degree, creates a dramatic shortage of skill labor workers, China used to have plentiful in the past, says Zhang Juwei, director of the Institute of Population and Labor Economics of the Chinese Academy of Social Sciences to Caixin.
Category Archives: economy
While much of the upcoming economic policies of president-elect Donald Trump are still clouded, many expect a golden opportunity for China in the Asia Pacific. But we should not be surprised when China is not that much interested, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® in the South China Morning Post.
President-elect Donald Trump has announced he will get American jobs back from China, and named China a currency manipulator. But jobs have already moved away from China, says business analyst Shaun Rein, author of The End of Cheap China, in the International Business Times, and he has missed 10 years of change in China.
China´s economy is struggling from a relatively lower growth rate and lack of efficiency. Despite all good intention, China will keep a leading role for the state in the economy, says economist Arthur Kroeber and author of China’s Economy: What Everyone Needs to Know® in a wide-ranging interview in Knowledge.ckgsb.
The term ´middle class´ shows up in almost every analysis on China. But economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, thinks the term creates more confusion than clarity, he explains to Knowledge CKGSB.
Foreign companies and their business organizations used the G20 meeting in Hangzhou as an opportunity to point at the restrictions they face when they want to invest in China, while outbound investments from China go through the roof. You only have to look at the basic figures to see they are right, says author Arthur Kroeber of China’s Economy: What Everyone Needs to Know® to the South China Morning Post.
China´s economy seems to have steered clear through the turbulance of the past few years, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® to Bloomberg. “I’d guess that Xi Jinping is feeling pretty confident about things.”
Xi Jinping´s anti-corruption drive and ongoing economic reforms makes it labor force into a hard-to-manage challenge, tells journalist Wei Gu to CNN. Qualified people do not dare to apply for jobs, and finding jobs for those losing employment is equally tough.
Although there is no reason to believe China´s economy is heading for a crash, the lack of real structural reforms still makes investors worried, writes economist Arthur Kroeber for the Brookings Institute and author of China’s Economy: What Everyone Needs to Know? While the state sector was supposed to shrink, it continues to grow.
The aspirations of president Xi Jinping to expand into the world with his One-Belt, One-Road (OBOR) initiative can only be compared with president John F. Kennedy´s plan to put a man on the moon, tells VC Andy Mok. His grand and ambitious goal includes 70% of the world´s economy and turns China´s focus on the US to Europe, Russia and Iran.