September 28, 2022
InterviewsBottom-up Bargaining
An interview with Xiao Ma on the politics of China’s high-speed railways
China’s high-speed railway network is one of the largest infrastructure programs in human history. Though today international headlines emphasize the decline in China’s growth—lagging behind the rest of Asia for the first time since 1990—for more than two decades, the…
November 12, 2021
AnalysisGrowth Towns
The Evergrande crisis, “common prosperity,” and the transformation of the Chinese growth model
The ongoing crisis for Chinese property developer Evergrande has made the giant company the focal point of global concern. Creditors, investors, contractors, customers, and employees of Evergrande within and outside China have watched anxiously to see whether the Chinese government would…
October 30, 2021
Sources
While a group of statisticians recently found the 2020 US Census to be free of major errors, many were concerned about the census' ability to accurately reflect the population given its coincidence with the height of the Covid-19 pandemic. The debate shed light on the…
September 25, 2021
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The possible collapse of Evergrande, China's second largest property developer, has reverberated through global financial markets. With over $300 billion in outstanding debt, 3.8 million jobs on the line, and investments across consumer industries, the scale of the impact could…
July 2, 2021
AnalysisRepressing Labor, Empowering China
Cheap money will boost inequality and geopolitical tension but not inflation
Though the lockdown in 2020 threw many workers out of work, the big fiscal stimulus, fueled by government debt and an unprecedentedly large monetary expansion, offered stimulus checks and elevated unemployment benefits to millions of Americans.
June 24, 2020
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LABOR In her 2007 book, Against the Law: Labor Protests in China's Rustbelt and Sunbelt, sociologist CHING KWAN LEE paints an intricate portrait of the two segments of the Chinese working class that have most acutely experienced the country's changing…