Zhang Jun
The standard account of China’s economic rise focuses on its state capitalism, whereby the government, endowed with huge assets, can pursue a wide-ranging industrial policy and intervene to mitigate risks. This explanation is wrong
10th Aug 19, 9:23am
18
The standard account of China’s economic rise focuses on its state capitalism, whereby the government, endowed with huge assets, can pursue a wide-ranging industrial policy and intervene to mitigate risks. This explanation is wrong
The US seems convinced that it is up against a China with a particularly weak hand, owing to the risk of a hard landing for its economy. But while China imports relatively little from the US, it may have even more weapons than its opponent
4th Jun 19, 11:23am
22
The US seems convinced that it is up against a China with a particularly weak hand, owing to the risk of a hard landing for its economy. But while China imports relatively little from the US, it may have even more weapons than its opponent
The changes China’s economy has undergone are sweeping, unprecedented, and essential. The world would be far better served by understanding them than by trying to prove these achievements are less impressive than they are
6th Apr 19, 2:01pm
6
The changes China’s economy has undergone are sweeping, unprecedented, and essential. The world would be far better served by understanding them than by trying to prove these achievements are less impressive than they are
Zhang Jun notes that a new growth model for China requires higher consumption, competitive service, and huge opening up in their non-tradable sectors
29th Jan 19, 4:00pm
3
Zhang Jun notes that a new growth model for China requires higher consumption, competitive service, and huge opening up in their non-tradable sectors
Zhang Jun explains why China will not go the way of the Soviet Union in a cold war with the United States
1st Dec 18, 11:01am
18
Zhang Jun explains why China will not go the way of the Soviet Union in a cold war with the United States
China’s governance must be modernised but loosening control over local government and the economy, and introducing greater downward accountability, is risky
3rd Oct 18, 7:00am
18
China’s governance must be modernised but loosening control over local government and the economy, and introducing greater downward accountability, is risky
Zhang Jun argues that, contrary to popular belief in the West, China remains a very long way from tech predominance
31st Jul 18, 11:07am
Zhang Jun argues that, contrary to popular belief in the West, China remains a very long way from tech predominance
China is handling US trade pressure better than Japan did in the 1980s. China’s response - increasing imports and accelerating domestic structural reforms - will support high-quality long-term growth
29th May 18, 10:53am
China is handling US trade pressure better than Japan did in the 1980s. China’s response - increasing imports and accelerating domestic structural reforms - will support high-quality long-term growth
The CCP says it wants "quality" economic growth. But if local governments are to succeed, China’s leaders will need to update the incentive system that fueled past success
31st Mar 18, 8:30am
1
The CCP says it wants "quality" economic growth. But if local governments are to succeed, China’s leaders will need to update the incentive system that fueled past success
Zhang Jun reports that China’s inter-urban competition that has driven its economic transformation. It has become reliant on a few high-productivity cities where jobs and growth have become concentrated
25th Jan 18, 9:00am
Zhang Jun reports that China’s inter-urban competition that has driven its economic transformation. It has become reliant on a few high-productivity cities where jobs and growth have become concentrated
Chinese academic sees China on the right path, with a clear development blueprint and a powerful leader whose political clout all but guarantees continued reform. But major demographic issues loom
16th Nov 17, 8:50am
5
Chinese academic sees China on the right path, with a clear development blueprint and a powerful leader whose political clout all but guarantees continued reform. But major demographic issues loom
Zhang Jun looks at China's shift to city-led growth
Zhang Jun sees weak demand dragging down China’s economic growth with the slowdown very difficult to reverse
1st Jun 17, 3:55pm
2
Zhang Jun sees weak demand dragging down China’s economic growth with the slowdown very difficult to reverse
Zhang Jun expects the US will be economically tougher on China, potentially triggering a trade war. But he says the new American portrayal of China is both inaccurate and illogical
16th Mar 17, 10:13am
29
Zhang Jun expects the US will be economically tougher on China, potentially triggering a trade war. But he says the new American portrayal of China is both inaccurate and illogical
Zhang Jun shows it is not easy being a Chinese company, with surcharges and taxes hobbling profitability, encouraging avoidance, and incentivising moves offshore. Inefficient SOEs impose large extra costs too
3rd Jan 17, 9:02am
2
Zhang Jun shows it is not easy being a Chinese company, with surcharges and taxes hobbling profitability, encouraging avoidance, and incentivising moves offshore. Inefficient SOEs impose large extra costs too
Zhang Jun shows that rising debt, falling investment and poor productivity are not only hampering the Middle Kingdom, but policy responses to them are not helping
30th Oct 16, 2:11pm
Zhang Jun shows that rising debt, falling investment and poor productivity are not only hampering the Middle Kingdom, but policy responses to them are not helping
Zhang Jun says regional differences in economic performance reflect the country's massive structural changes as it seeks the status of a high-income economy
22nd Aug 16, 10:03am
Zhang Jun says regional differences in economic performance reflect the country's massive structural changes as it seeks the status of a high-income economy
Zhang Jun says there is plenty of reason to doubt China's investment numbers, the accuracy of which should be as hotly debated as their GDP data
22nd Jun 16, 4:29pm
Zhang Jun says there is plenty of reason to doubt China's investment numbers, the accuracy of which should be as hotly debated as their GDP data
Zhang Jun says China’s leaders are confronted with a difficult choice: higher near-term unemployment or slower long-term growth
15th Apr 16, 9:54am
Zhang Jun says China’s leaders are confronted with a difficult choice: higher near-term unemployment or slower long-term growth
Zhang Jun defends China's central bank against accusations that it lacks transparency
11th Feb 16, 9:08am
Zhang Jun defends China's central bank against accusations that it lacks transparency
Zhang Jun examines the long-term impact of the IMF's decision to include China's currency in the SDR basket
17th Dec 15, 9:43am
2
Zhang Jun examines the long-term impact of the IMF's decision to include China's currency in the SDR basket