China
The Qualcomm Case: Why Protecting American Tech Monopolies Is a Big Favor to China
The FTC sued the company that monopolized the market of components for cell phones with its aggressive patent policy. However, in the technological race...
“Avoiding Plutocracy Would Require a Political Change”: Branko Milanovic on the Future of Capitalism
In an interview with ProMarket, CUNY Graduate Center economist Branko Milanovic discussed the differences and similarities between US-style and China-style capitalism and explained why,...
With the US and China, Two Types of Capitalism Are Competing With Each Other
Capitalism’s global victory has been achieved through two different types of capitalist systems: the liberal meritocratic capitalism that has developed incrementally in the West,...
The Real “China Shock”: Political Fallout from Slowing Exports in China
As China’s export growth has slowed down over the past five years, workers have responded by taking to the streets with increasing frequency. The...
Is China’s International Joint Venture Policy Effective in Diffusing Technology?
The US administration launched a trade war against China in response to what it sees as unfair trade practices—especially the requirement that foreign firms...
How to Even Out the Pains and Gains from International Trade
The idea of creating transfer schemes to compensate the losers from international trade yet still preserve some of the gains faces a myriad of...
e-Autocracy: How Social Media Helps the Chinese State Surveil Protests and Spread Propaganda
The Chinese government has invested heavily in surveillance systems that exploit information on social media. This column shows that these systems are very effective,...
Can Credit Tightening Spur Social Unrest? Evidence from 1930s China
In 1933 the United States launched its Silver Purchase program, which raised silver prices worldwide, drained China’s silver stock, and caused credit to Chinese...
How China’s Anti-Corruption Campaign Is Moving Financing Away from State-Owned Enterprises
Are anti-corruption reforms effective in reducing economic rent seeking and constraining the influence of special interests? New research from Tsinghua University PBC School of...
Return of the State: Banking on Diplomacy
If, as California political legend Jesse M. Unruh once quipped, “money is the mother’s milk of politicians,” it’s reasonable to expect that countries might...
