How China Is Causing Real Estate Bubbles Around the World

By He Qinglian on March 12, 2016
Source article in Chinese: “帝国红利”套现,推动世界房产泡沫化
This abridged translation first appeared in the Epoch Time on March 20, 2016

Will the Chinese economy have a hard landing? Absolutely not, according to Xu Shaoshi, director of China’s state economic planning agency. A hard landing for China’s economy is not a possibility, and neither is it possible that China’s slowdown will drag down the global economy, Xu said at a news conference during the annual “Two Meetings,” the de facto legislature of the Communist Party.
Despite how much has already been written about China’s economic slowdown, Xu’s statements require a response.

China’s Economy Is Just ‘One Kilometer’ Away From a Cliff

By He Qinglian on February 27, 2016
Source article in Chinese: 中国财政危机:距悬崖还有一公里
This abridged translation first appeared in the Epoch Time on March 7, 2016

The “China collapse theory” has once again become popular—and not in the usual places. Words that were once used exclusively in articles authored by “hostile forces”—like “cliff,” “crisis,” and “collapse”—now are publicly used by Chinese. Even more unusually, it is officials of the Communist Party (CCP) themselves that are using these terms to describe China’s economy.
Among them, China’s incumbent Minister of Finance Lou Jiwei is the most prominent recent example.

China’s Economic Recession Shatters Global Dreams of Prosperity

By He Qinglian on February 5, 2016
Source article in Chinese: 中国经济衰退,资源国发展梦碎
This abridged translation first appeared in the Epoch Time on February 22, 2016

While charging ahead to become the world’s second largest economy by gross domestic product, China devoured a massive amount of all kinds of metals, fuels, and crops from around the world. Australia, along with countries in Africa and South America, built its own dreams of prosperity on China’s rapid growth. The present recession in China therefore affects not only Chinese people but also dozens of developing countries prepared to sell mineral resources to China.

Unemployment: China’s Biggest Economic Woe

By He Qinglian on December 29, 2015
Source article in Chinese: 2015年中国经济关键词:失业
This abridged translation first appeared in the Epoch Time on February 2, 2016

If you are looking for a single word to summarize China’s economic situation in the year just gone by, it is “unemployment.” The flood of bankruptcies, flight of foreign investment, 300 million migrant workers losing their jobs, the government forcing troubled state-owned corporations to remain open, its giving jobs to veterans, and policies encouraging migrant workers to return to their hometowns to start new enterprises—these are all about unemployment.

Achilles' Heel of China's Foreign Currency Reserves

By He Qinglian on January 14, 2016
Source article in Chinese: 中国外储的阿喀琉斯之踵何在?

Right at the very beginning of 2016, the way the Chinese government manages the country’s stock market and currency exchange market has drawn a chorus of criticism. In response, the Chinese government announced the suspension of the “circuit breaker” of the stock market, and, at the same time, steps up its control over the currency exchange market.