I find this chart from the Council on Foreign Relations‘ Geo-Graphics, the commentary about it, and the apparent underlying assumptions confusing. The chart shows that from 2013-2016, China, with GDP steady at 8% will make a larger and larger contribution to …

I just finished reading ‘Deng Xiaoping and John Maynard Keynes’ by John Ross, a visiting professor at Jiaotong University in Shanghai. According to Professor Ross, ‘The focus of this article is on the theoretical economic issues. In particular it aims to …

In ‘Come on China, Buy Our Stuff,’ the usually excellent Adam Davidson, in this week’s New York Times Magazine, chooses to let China’s currency manipulation do the heavy lifting to explain why the Chinese don’t buy our stuff. If only …

I was looking into a point about the breakdown of the Chinese economy and ended up on Michael Pettis’ always excellent blog, china financial markets. At the end of his post, he mentions a new blog by Chinese graduate students …

Here are the three largest slums in the world: Neza-Chalco-Itza, a barrio in Mexico City (total population about 9 million), is the world’s largest with 4 million inhabitants Orangi Town, a township in Karachi, Pakistan, (about 13 million total population) …

For the past seven years, the Chinese government has set the bank deposit below the inflation rate. This drains wealth from the average Chinese saver that is then transferred to government and government-related enterprises and elites. This one of several …

Economic theories influence government policies. Government policies depend on implementation. Policy implementation affects a country’s GDP. U.S. economists put forth theories that influenced U.S. government policies. The U.S. government implemented those policies. Those policies and their implementation helped drive the …