China and the United States have responded with very different fiscal and monetary stimulus approaches to the coronavirus pandemic. The jury is still out on which is superior.
The Biden administration looks set to continue many aspects of Trump’s China policy, but Washington’s ability to contain its economic rival has been greatly reduced by the pandemic.
The outbreak of the novel coronavirus, which has killed over 1,000 people and infected over 40,000, has highlighted the good and bad sides of a state-controlled system.
With support from the former British colony, Shenzhen has grown from a sleepy fishing village to a centre for hi-tech, but can it really overtake its world-famous neighbour?
Analysts are predicting China’s housing market bubble will burst, but the economic and social model and ongoing urbanisation drive make a home price collapse unlikely.
Zhang Lin writes that China’s private enterprises are becoming increasingly like state-owned ones as they set up internal party cells and other political organisations.