RIETI - Chi Hung KWAN (C. H. Kwan)Activities at RIETI

January 31, 2023

Policy Direction of the Xi Jinping Administration in its Third Term
—The Fading of the Deng Xiaoping Line

China in Transition
December 5, 2022

The Low Birthrate and Aging Population in China
—A comparison with Japan

China in Transition
August 2022

Market-based Reform of Production Factors in China

Policy Discussion Papers (Japanese)
August 9, 2022

China's Shift from Indirect to Direct Financing
—Improving the Quality of Listed Companies as the Key to Success

China in Transition
March 30, 2022

China's Economic Policies in Xi Jinping's New Era: Toward "Common Prosperity"

BBL Seminars
March 10, 2022

China's Economy to Slow Down in 2022
—The Prospects of the Housing Market and COVID Control in the Spotlight

China in Transition
March 8, 2022

China Aims for "Common Prosperity"
—Increasing rural incomes and secondary distribution reform as the key

China in Transition
January 17, 2022

Tightening Regulation of Private Enterprises in China
—Focusing on the Cases of Ant Group and Didi

China in Transition
October 6, 2021

China Aims for Carbon Neutrality
—Decarbonization of Energy and Industrial Structures is the Key

China in Transition
July 20, 2021

Challenges for the Chinese Economy as Viewed through the 2020 Population Census
—Focusing on a Declining Labor Force and Inter-Regional Migration

China in Transition
July 2021

Renminbi's Unfinished Reform: The Road to an International Currency

Other Publications (Japanese)
April 5, 2021

The Outlook for the Chinese Economy in 2021
—Can China Achieve Double-Digit Growth for the First Time in 11 Years?

China in Transition
March 24, 2021

China's Medium- and Long-Term Economic Outlook: Aiming for both Fairness and Efficiency

BBL Seminars
February 26, 2021

Deep-rooted Causes behind the China-U.S. Friction
—Similarities to and Differences from the Japan-U.S. Friction

China in Transition
January 13, 2021

Will the Arrival of a Biden Administration Lead to a Better U.S.-China Relationship?
—Toward Cooperative Rivalry

China in Transition
January 13, 2021

"Dual Circulation" as China's New Development Strategy
—Toward a Virtuous Cycle between Domestic and International Circulations

China in Transition
October 27, 2020

U.S.-China Confrontation Intensifying on All Fronts amid COVID-19
—Would Tensions Ease after U.S. Presidential Election?

China in Transition
May 15, 2020

Coping with COVID-19
—A new challenge for the Chinese economy

China in Transition
May 13, 2020

China Aiming to Issue a Central Bank Digital Currency
—Expected Macro-Level Effects

China in Transition
April 23, 2020

The Economics of Luck and Chance

BBL Seminars
April 20, 2020

Phase One of the US-China Economic and Trade Agreement Realized Through Chinese Concessions
—Expanding Imports into China from the US Alone Will Not End the Trade War

China in Transition
March 27, 2020

China's Economy Facing both Internal and External Problems: Will this Crisis Create an Opportunity to Promote Reform and Opening-up?

BBL Seminars
March 13, 2020

Can China Reform State-Owned Enterprises without Privatization?
—Creation of a Fair and Competitive Market Environment as the Second-Best Option

China in Transition
March 13, 2020

Development of Private Enterprises in China Entering a Difficult Phase
—Urgent Need to Create a Fair and Competitive Environment

China in Transition
January 31, 2020

Promoting Opening-Up Policy against Headwinds
— Can a Reversal of Globalization be Avoided?

China in Transition
October 10, 2019

China Labeled as a Currency Manipulator
—Whither the Chinese Yuan?

China in Transition
September 19, 2019

Expansion and Prolonging of U.S.-China Trade Friction
—Conspicuous Trend of Decoupling

China in Transition
April 2, 2019

U.S.-China Trade Friction Casting a Shadow over the Chinese Economy—Impact on the supply side becoming a matter of concern

China in Transition
March 28, 2019

Challenges facing China in the rapidly shifting international environment

BBL Seminars
December 4, 2018

Why Has the U.S. Waged A Trade War Against China?
—Protracted Confrontation Inevitable

China in Transition
October 19, 2018

Chinese Economy Slowing Down amid Intensifying U.S.-China Trade Dispute: Reform and opening-up should come before economic stimulus

China in Transition
September 6, 2018

Reform of the Listing System for High-tech Companies: Opening the way for red-chip companies to issue China Depositary Receipts (CDRs)

China in Transition
June 25, 2018

A New Stage in the U.S.-China Economic Dispute: Focus shifting from trade imbalance to technology transfer

China in Transition
March 16, 2018

Xi Jinping's New Economic Policy: What's next for China?

BBL Seminars
January 24, 2018

Outlook for the Chinese Economy in 2018

China in Transition
December 14, 2017

Proposals for Supply-side Structural Reform

China in Transition
December 12, 2017

Advancement in Mixed-ownership Reform of State-owned Enterprises:
Focusing on the case of China Unicom

China in Transition
October 4, 2017

The Rapid Advancement of Chinese Private Enterprises as Revealed by the Fortune Global 500

China in Transition
February 28, 2017

China Should Be Cautious in Promoting Capital Account Liberalization:
Tightening of capital controls may still be needed in times of emergency

China in Transition
March 15, 2017

Prospects of the Chinese Economy under the New International Situation

BBL Seminars
January 31, 2017

Concerns over Accelerating Capital Outflow and Intensifying Trade Friction with the United States Caused by the Depreciation of Yuan

China in Transition
January 30, 2017

China's Housing Market Entering a Correction Phase

China in Transition
January 27, 2017

China Embarking on the Reduction of Corporate Debt:
Will debt/equity swaps be the trump card?

China in Transition
January 26, 2017

China Becoming a Major Innovation Power:
Research and development capabilities approaching those of developed countries

China in Transition
December 27, 2016

Why Are So Many Chinese Internet Companies Listed Overseas?
The advantages and disadvantages of the VIE structure

China in Transition
September 30, 2016

How is the Midpoint Rate of the Yuan against the U.S. Dollar Determined?
"Closing rate on the preceding day + currency basket-based adjustment" rule starting to take root

China in Transition
July 21, 2016

Dramatic Shift in Global Economic Power due to the Rise of China: Focusing on international comparisons of GDP

China in Transition
July 20, 2016

Shenzhen Emerging as China's Leading Innovation Hub: Private-sector companies as the driving force

China in Transition
June 9, 2016

Chinese Economy Bottoming Out: Improvement in macroeconomic indicators in March worth noting

China in Transition
April 28, 2016

Soaring Housing Prices: Is this good or bad for China?

China in Transition
March 18, 2016

China's 13th Five-year Plan (2016-2020): Impact on China and the World

BBL Seminars
March 9, 2015

China Aiming for Growth by Innovation: Private-sector companies as the leading force

China in Transition
October 3, 2014

The "New Normal" of the Chinese Economy

China in Transition
September 12, 2014

China's Income Gap Begins to Narrow

China in Transition
August 5, 2014

The Rise of China and Transformation of Japan-China Relations: Opportunities and challenges for Japan

China in Transition
July 11, 2014

China as the World's Largest Steel Producer: Decline in demand prompted by correction in the country's real estate market may drag the global economy

China in Transition
June 4, 2014

Post-Third Plenum Reform of State-Owned Enterprises: Can corporate governance be improved?

China in Transition
June 4, 2014

China's Real Estate Market Entering a Correction Phase: Housing bubble close to bursting

China in Transition
May 8, 2014

Liberalization of Exchange Rates, Interest Rates, and Capital Flow in Preparation for Financial Opening: The effectiveness of monetary policy will also be enhanced

China in Transition
May 8, 2014

Two Bubbles: Comparing China today with Japan in the late 1980s

China in Transition
May 2, 2014

Is “China as Number 1” Ultimately an Illusion? — China's GDP surpassing that of the United States is simply a matter of time

China in Transition
April 4, 2014

Can China Achieve the 7.5% Growth Target for 2014?

China in Transition
March 7, 2014

Rural Land Circulation in China Gaining Momentum: The increasing role of trust companies

China in Transition
February 5, 2014

Xi Jinping Regime Aims to Strengthen China's Authoritarian System: Is the strategy of "a leftward tilt in politics and a rightward tilt in the economy" sustainable?

China in Transition
February 5, 2014

Easing the One-Child Policy

China in Transition
January 8, 2014

Looking at China's Foreign Trade from the Perspective of Value Added

China in Transition
January 8, 2014

China Seeks to Join the TPP

China in Transition
November 6, 2013

The Impact of the Rise of China on the World Economy: A review and forecast

China in Transition
November 6, 2013

Overheating under Low Growth: Suggesting a significant drop in the potential growth rate

China in Transition
October 7, 2013

Can China Maintain 8% Growth in the Future?

China in Transition
September 11, 2013

China's High-Growth Period Coming to an End: Can Likonomics help cope with the new challenges?

China in Transition
August 6, 2013

Shadow Banking in China: Current situation and challenges

China in Transition
July 3, 2013

The Debate over Constitutionalism: Political reforms at a crossroads

China in Transition
July 3, 2013

China as a Financial Superpower: The importance of "China money" on the rise

China in Transition
June 5, 2013

Trade Structure of China Becoming More Sophisticated:
Changing complementary and competitive relationships with other countries

China in Transition
June 5, 2013

Is it Possible to Control the Rise in Housing Prices? The key is the departure from "land finance"

China in Transition
May 8, 2013

The Pace of Economic Recovery Limited by a Falling Potential Growth Rate

China in Transition
April 5, 2013

Xi Jinping's Regime Facing Two Traps:
Will it be able to overcome the "middle-income trap" and the "transition trap"?

China in Transition
March 8, 2013

Impact of the Weaker Yen on Asian Economies:
With a focus on comparing China and South Korea

China in Transition
January 11, 2013

Urbanization as a New Growth Engine:
"Citizenization" of rural migrant workers is the key

China in Transition
December 27, 2012

Chinese Economy on the Way to a Moderate Recovery in 2013

China in Transition
October 30, 2012

China Reaching the Lewisian Turning Point: The impact of labor shortage is becoming apparent

China in Transition
July 30, 2012

Lowest Economic Growth in Three Years
Reflecting Decelerating Growth and Lower Potential Growth Rate

China in Transition
July 2, 2012

Concurrent Implementation of Economic Stimulus Measures and Structural Reforms

China in Transition
May 28, 2012

Reform of the Household Registration System Enters a New Stage: Mid-sized cities are also subject to reform

China in Transition
May 2, 2012

Renminbi Exchange Rate Close to Equilibrium Level

China in Transition
May 2, 2012

Chinese Economy Bottoming Out: It may recover by the Communist Party Congress

China in Transition
March 13, 2012

China May Overtake the United States in GDP before 2020: Future course of the RMB appreciation rate holds the key

China in Transition
March 1, 2012

Common Factors behind Interest Rates, Foreign Exchange Rates, and Share Prices in China: Analysis based on the Taylor Rule

China in Transition
January 31, 2012

How the Managed Floating Exchange Rate Regime is being Managed

China in Transition
January 31, 2012

Business Cycle in Post-Lehman China: Focusing on GDP growth and inflation rates

China in Transition
January 10, 2012

Overcoming the Hollowing Out of Japan

China in Transition
December 27, 2011

Chinese Economy in 2012: Bottoming out in the first half and recovering in the second half

China in Transition
December 13, 2011

China Seeking to Transform its Economic Development Pattern

China in Transition
November 30, 2011

World Trade Transformed with the Rise of China

China in Transition
November 17, 2011

The Saga of Three Kingdoms—Japan, the United States, and China—and the TPP

China in Transition
October 26, 2011

Short-term Outlook for the Chinese Economy

China in Transition
September 30, 2011

Determinants of the Policy Interest Rate in China
Implications of the Taylor Rule

China in Transition
September 29, 2011

China Heading from Labor Surplus to Shortage

China in Transition
September 7, 2011

China Aiming for Industrial Upgrading Without Hollowing Out

China in Transition
August 24, 2011

Chongqing Becoming a New Growth Spot in China

China in Transition
August 10, 2011

Shift of the Automobile Industry to China and Japan's Hollowing-Out Problem

China in Transition
July 28, 2011

Growth in Money Supply Slowing Down Sharply on the Back of Credit Tightening

China in Transition
July 19, 2011

Whither Inflation in China?

China in Transition
June 22, 2011

"Japan Plus One" Implies a Boom of Japanese Investment in China

China in Transition
June 1, 2011

The Bright and Dark Sides of China's Huge Population

China in Transition
May 9, 2011

China Watching out for the "Middle-Income Trap"

China in Transition
April 8, 2011

Rethinking Energy Security

China in Transition
March 15, 2011

What Is Missing in Discussions on TPP

China in Transition
March 15, 2011

"Emerging-Nation Effect" or "China Effect"

China in Transition
February 25, 2011

Will Food Prices Keep Surging?

China in Transition
January 31, 2011

A Shares Cheaper than H Shares in a Bear Market: The next bull market may be driven by A shares

China in Transition
January 31, 2011

Policy Priority Shifting from Sustaining Growth to Curbing Inflation: The Chinese economy will hit bottom in 2011 and begin recovering ahead of the Party Conference in 2012

China in Transition
December 28, 2010

Share Price Cycle in China Linked to Business Cycle

China in Transition
November 26, 2010

Chinese Companies Investing in Japan to Strengthen their Supply Chains: Technologies and markets are the main targets

China in Transition
October 29, 2010

The Chinese Economy Viewed from a Business Cycle Perspective: To hit bottom in 2011 and recover strongly in 2012

China in Transition
September 29, 2010

China Beginning to Show Signs of Cooling Inflation: Receding fears of rate hike

China in Transition
September 29, 2010

How China's Foreign Exchange Rate System Works after the Resumption of Currency Reforms in June 2010

China in Transition
August 27, 2010

China as the Central Player of the BRICs: Driving the world and the Japanese economy

China in Transition
July 30, 2010

The Chinese Economy Heads for Soft Landing: Macroeconomic policies and structural changes will contribute to stable growth

China in Transition
June 29, 2010

Made-in-China Inflation to Accelerate with the Resumption of Yuan Revaluation: Stimulative effect on the Japanese economy questionable

China in Transition
June 29, 2010

Chinese Real Estate Market Entering a Correction Phase

China in Transition
May 19, 2010

China Replacing the U.S. as the Largest Overseas Market for Japan

China in Transition
May 19, 2010

Revaluation of Yuan Expected to Resume Soon

China in Transition
April 28, 2010

China's Economy Likely to Achieve Double-Digit Growth Driven by Recovering Exports - Worries of downside risk misplaced -

China in Transition
April 28, 2010

Shortage of Migrant Workers Suggests Arrival of Lewisian Turning Point
- Industrial upgrading likely to accelerate as a result -

China in Transition
April 12, 2010

Chinese Monetary Policy Under Pressure as Asset Bubble Balloons
- Japan's experience and lessons offer useful reference -

China in Transition
February 24, 2010

College Graduate Unemployment: Causes and solutions

China in Transition
February 3, 2010

Inflationary Pressure Rising with Economic Recovery
- Whither the "exit strategy" from the ultra-loose monetary policy? -

China in Transition
February 3, 2010

Growing Criticism over Advancing State-owned Sector and Retreating Private Sector - China should be aiming for the reverse -

China in Transition
December 25, 2009

China Set to Pass Japan and Become World's Second Largest Economy
- Sights now on surpassing the United States in terms of GDP -

China in Transition
December 25, 2009

Chinese Economy Enters Second Year of Recovery in 2010
- Asset bubble and inflation have become major concerns -

China in Transition
December 4, 2009

China as the Key to Success of COP15
- Announcement of a CO₂ reduction target as one step forward -

China in Transition
November 27, 2009

Labor Supply to Become a Constraint on Economic Growth in China
- Policies focus to shift from job creation to increasing productivity -

China in Transition
October 30, 2009

China Looks for an Exit Strategy from its Ultra-loose Monetary Policy
- Driver for share prices shifts from liquidity to fundamentals -

China in Transition
October 21, 2009

People's Republic of China Celebrates 60th Anniversary:
From an era of economic reform to an era of political reform

China in Transition
September 24, 2009

China as Number 1

China in Transition
September 3, 2009

Redressing the Global Imbalance
- Increasing Chinese consumption and U.S. savings is the key -

China in Transition
July 31, 2009

Chinese Economic Recovery under Way
- Concerns about an asset bubble and inflation on the rise -

China in Transition
July 31, 2009

Transforming the World's Workshop
- - Center of industry shifts from light to heavy industry

China in Transition
June 30, 2009

Improved Cross-Straits Relations under the Ma Ying-jeou Administration
- A path to peaceful reunification -

China in Transition
June 29, 2009

Income Distribution Policy, the Key to Expand Consumption

China in Transition
June 5, 2009

Growth in Chinese Economy Moving from East to West
"Domestic Flying Geese" Pattern starting to show effects

China in Transition
April 6, 2009

China Seeking Early Economic Recovery

China in Transition
April 6, 2009

Stepping up Efforts toward Renminbi Internationalization

China in Transition
January 29, 2009

Agricultural Sector as a Safety Valve for Employment

China in Transition
January 29, 2009

China Exploring Measures to Boost Consumption

China in Transition
December 26, 2008

Three Scenarios for Political Reform

China in Transition
December 8, 2008

Rural Land Reform Tops the Agenda at Third Plenum of the 17th Central Committee

China in Transition
October 29, 2008

Impact of the US-triggered financial crisis on China expected to be limited
- China's presence in the global economy growing amid the decoupling process -

China in Transition
September 24, 2008

Stock Market at a Turning Point with Monetary Policy Easing and Measures in Place to Shore up Share Prices

China in Transition
August 26, 2008

China's Transition to a Freely Floating Exchange Rate System
- Lessons from Japan's Experience

China in Transition
August 1, 2008

Further Slowdown of the Chinese Economy Inevitable after the Olympic Games

China in Transition
July 7, 2008

Real Estate Prices on the Edge of a Downturn
- To what extent will the economy be affected?

China in Transition
June 25, 2008

Risk of Stagflation Growing with Crude Oil Prices at Record High

China in Transition
June 12, 2008

The Great Sichuan Earthquake Changes China
- Crisis as an Opportunity for Reform

China in Transition
June 2, 2008

The Big Debate over PKO in the Stock Market

China in Transition
May 8, 2008

Accelerating Appreciation of the RMB
- A major step toward a free floating exchange rate system

China in Transition
February 27, 2008

The Chinese Currency Strengthening Despite Rising Inflation
- A sharp contrast between the falling internal value and rising external value of the renminbi

China in Transition
December 25, 2007

Chinese Economy May Start to Decelerate Before the Beijing Olympics

China in Transition
December 25, 2007

Opinions Divided over the Outlook for Inflation

China in Transition
December 18, 2007

Is India a Rival or Partner to China?

China in Transition
December 11, 2007

Democratization: India is Premature and China is Overdue

China in Transition
November 13, 2007

Lifting of Ban on Sale of Non-Tradable Shares to Hold Down Stock Prices

China in Transition
November 2, 2007

Achieving the Goals Set Forth in the Scientific Outlook on Development - Political reform is the key

China in Transition
November 1, 2007

How Can Liquidity Growth Be Curbed? - Shifting to a freely-floating exchange rate system as the ultimate solution

China in Transition
September 11, 2007

China Shifts from Labor Surplus to Labor Shortage - Challenges and opportunities in a new stage of development

China in Transition
August 1, 2007

Establishing Market Discipline - The key lies in the rule of law and ethics

China in Transition
June 29, 2007

Tenth Anniversary of Hong Kong's Return to China - Riding out the tough times and readying for a new leap

China in Transition
March 30, 2007

Hong Kong Stock Market Prospers on IPOs of Major Chinese Companies

China in Transition
January 29, 2007

Capital Markets after the Reforms of Non-tradable Shares

China in Transition
December 27, 2006

High Investment Supported by High Savings - Doubts over the Sustainability of the Relationship

China in Transition
December 27, 2006

Chinese Economy will Enter a Gradual Adjustment Phase in 2007

China in Transition
November 28, 2006

Will India Replace China as a Major Recipient of Japanese Investment? - China's predominance remains firm

China in Transition
November 28, 2006

China Facing the Challenge of Aging Population

China in Transition
October 27, 2006

Should China Keep its Exchange Rate Stable Against the Dollar? - Mundell as a Nobel laureate versus Mundell as a young economist

China in Transition
September 22, 2006

Putting in Place the Legal Framework for a Market Economy - High expectations for the Corporate Bankruptcy Law, Antimonopoly Law, and Law on Real Rights

China in Transition
September 22, 2006

The Bureaucratic-Capitalist Class in Formation - China must turn away from the path to crony capitalism

China in Transition
August 23, 2006

Guangzhou not to Become the "Detroit of China"
- Automobile will only be part of the city's diversified industrial structure

China in Transition
August 23, 2006

China Faces a Tough Challenge in the Steering of Monetary Policy
- The room for sterilization is diminishing

China in Transition
August 23, 2006

Utilizing some $1 Trillion in Foreign Exchange Reserves to Resolve China's "Three Agriculture-related Problems"

China in Transition
July 28, 2006

Who Owns China's State-owned Enterprises - Toward establishment of effective corporate governance

China in Transition
June 28, 2006

The Hong Kong Dollar is not Following the Yuan's Rising Trend
- It is too early to shift to a yuan peg

China in Transition
June 28, 2006

Excess Production Capacity is the Result of not only Cyclical but also Structural Factors

China in Transition
June 28, 2006

An Ever-expanding Asset Bubble
- Why China has failed to take lessons from Japan's experience

China in Transition
May 31, 2006

How to Correct China's External Account Imbalances
- Further rise of the yuan is indispensable

China in Transition
May 29, 2006

The Need for a Unification of Income Tax Rates for Foreign and Domestic Firms

China in Transition
February 24, 2006

The Actual State of the United States and Japan's Trade Imbalances with China
- Taking into consideration transit trade through Hong Kong

China in Transition
February 24, 2006

Shareholding Reform – The Trojan Horse that Leads to Private Ownership

China in Transition
February 15, 2006

Capital Participation of Foreign Investors in China's State-Owned Commercial Banks - A win-win game

China in Transition
January 30, 2006

The Rise of China as a Trading Superpower
- Global impact through the terms-of-trade effect

China in Transition
December 27, 2005

True Picture of Chinese Economy as Illustrated by "First National Economic Census" - Decline of state-owned enterprises and development of private-sector economy -

China in Transition
December 27, 2005

Excess Production Capacity on the Rise
- China moving from overheating to deflation

China in Transition
December 27, 2005

China's Economic Prospects for 2006
- The coexistence of deflation and yuan revaluation pressures

China in Transition
December 7, 2005

Foreign Exchange Policy Cannot Solve Structural Problems: A policy-mix approach is needed

China in Transition
December 7, 2005

Reforms of Non-tradable Shares Opening the Way for the Privatization of Major State-owned Enterprises

China in Transition
November 29, 2005

Regional Disparities Have Gone Beyond Acceptable Limits - The Path to an All-Round Well-Off Society Remains Distant

China in Transition
November 22, 2005

Reform of the Household Registration System is the Key to Resolving China's "Four agriculture-related problems"

China in Transition
November 15, 2005

White Paper on Democracy Building in China Justifies Communist Party Rule - The gap between one-party dictatorship and democracy has yet to be bridged

China in Transition
November 7, 2005

Fiscal Transfer System Reinforced to Correct Regional Disparities

China in Transition
October 24, 2005

The 11th Five-Year Plan as a Steppingstone to Realizing an "All-round well-off society"

China in Transition
October 14, 2005

Ways to Overcome the Oil Crisis
Energy conservation more important than development of supply sources

China in Transition
February 18, 2005

Japan Is Missing the "China Express" While China Is Distancing Itself from Japan

China in Transition
January 20, 2005

The Development of Private Companies as a Prerequisite for the Reform of State-owned Enterprises

China in Transition
January 14, 2005

Will China Become a Major Automobile Exporter?

China in Transition
December 14, 2004

China's Automobile Market Slows Further
- Automakers revising their investment plans

China in Transition
November 26, 2004

Japan's Exports to China Increasing not Despite but Because of the Yen's Appreciation

China in Transition
November 26, 2004

The Plunge in the Dollar Puts Upward Pressure on the Yuan
- Should China continue to peg to the dollar?

China in Transition
November 16, 2004

The Need to Watch Out for a Real Estate Bubble
- Are rising prices the result of real demand or speculation?

China in Transition
November 5, 2004

Why China Hesitated to Raise Interest Rates
- Taking central bank independence into account

China in Transition
October 29, 2004

China Moves to Raise Interest Rates
- Room still remains for additional rate hikes

China in Transition
October 21, 2004

Three Scenarios for Cross-Straits Relations
- An analysis based on the "trilemma" faced by the communist party

China in Transition
October 1, 2004

How to Overcome the Oil Crisis - Energy conservation efforts are the key

China in Transition
September 15, 2004

The Huge Debate over Privatization and MBOs
- Can the drain on state-owned assets be justified?

China in Transition
September 8, 2004

Persistent Anti-Japanese Sentiments Heighten the Risks for Investment in China - Striving for a virtuous cycle between economic and political Sino-Japanese ties

China in Transition
August 31, 2004

Will China's Four Major Banks Succeed in Going Public?
- Establishing corporate governance will be impossible if they remain under state control

China in Transition
August 25, 2004

How to Solve the Three Agriculture-related Problems
- Labor mobility holds the key

China in Transition
August 11, 2004

Fourteen Chinese Firms Make their Way into Fortune's "Global 500"
- State-owned enterprises continue to dominate the list

China in Transition
August 4, 2004

Can Consumption Replace Investment as a Growth Engine?

China in Transition
July 21, 2004

Understanding Deflation and Inflation "Made in China"
- The need to distinguish between the impact on Japanese output prices and input prices

China in Transition
July 14, 2004

The Political Aspect of China's Business Cycle
- Synchronization with the communist party congress

China in Transition
June 30, 2004

Chinese Automobile Industry Facing Overcapacity
- Japanese automakers required to change their strategy

China in Transition
June 25, 2004

Size of China's Market is Just One-fourth That of North America
- The impact of an economic slowdown on Japan will be small

China in Transition
June 22, 2004

The Chinese Economy After the Burst of the Bubble
- Lessons to be learned from Japan

China in Transition
June 18, 2004

Why China's Investment Efficiency is Low
- Financial reforms are lagging behind

China in Transition
March 23, 2004

China Surpasses Japan to Become the World's Third-Largest Trader
- But the "workshop of the world" is still fragile

China in Transition
March 15, 2004

Constitutional Amendments to Promote Private Businesses
- The contradiction between the economic and political systems remains unsolved

China in Transition
March 8, 2004

Chinese Firms are Striving to Establish Their Own Brands
- Will it lead to a further advancement of "made in China"?

China in Transition
March 1, 2004

Japan's "China Syndrome" Dissipating as exports to China surge

China in Transition
February 24, 2004

The China Factor is Contributing to Japan's Economic Recovery
- Output expanding as the terms of trade improve

China in Transition
February 16, 2004

Japan Benefiting from the Simultaneous Progress of Deflation and Inflation Induced by China

China in Transition
February 6, 2004

China Should Create a Huge Unified Market Through Domestic Free Trade Agreements

China in Transition
January 30, 2004

The Privatization of State-owned Enterprises as the Key to Northeastern Development

China in Transition
January 26, 2004

China's Rise Pressures ASEAN to Make Industrial Adjustments
- Industrial upgrading or deindustrialization

China in Transition
January 16, 2004

For Whom Does the Smiling Curve Smile?
- China is caught in the immiserizing growth trap

China in Transition
January 9, 2004

The Conditions for Successful Business Operations in China - The Case of Komatsu

China in Transition
December 26, 2003

How to Manage a Managed Float System - Recommending a BBC regime

China in Transition
December 22, 2003

Watch Out for Economic Overheating - Warning given by Dr. Fan Gang at RIETI

China in Transition
December 12, 2003

Pearl River Delta to Remain the Engine of the "Workshop of the World" - Factors favoring industrial upgrading firmly in place

China in Transition
December 5, 2003

The Accelerating Shift of Japanese Direct Investment to China - Competition intensifies between ASEAN and China

China in Transition
November 28, 2003

Japan Replacing the U.S. as the Chief Recipient of Chinese Students - A perfect opportunity to attract first-rate students from China

China in Transition
November 21, 2003

The Vitality of China-related Businesses - "China Syndrome" draws to an end as Japan's economy recovers

China in Transition
November 14, 2003

China's Expanding External Imbalance - Adjusting exchange rates is the most effective corrective measure

China in Transition
November 10, 2003

The 25th Anniversary of China's Market-oriented Reform - The end of public ownership

China in Transition
October 31, 2003

Time to Abandon Mercantilism

China in Transition
October 24, 2003

Is the Chinese Economy Overheating? - Cautious Policymakers vs. Optimistic Economists

China in Transition
October 10, 2003

Revitalizing the Hong Kong Economy Through the CEPA - Recommending a "Come on in" strategy

China in Transition
October 3, 2003

Why ASEAN did not Seek a Stronger Yuan - Apprehensions over the spread of currency appreciation pressures

China in Transition
September 26, 2003

Privatization of State-owned Enterprises Gathering Pace - Whither Chinese socialism?

China in Transition
September 22, 2003

On the Second Anniversary of the China in Transition Column - Bridging the perception gap between Japan and China

China in Transition
September 12, 2003

The Complementary Relationship Between Japan and China - An update

China in Transition
September 5, 2003

Chinese Economists Calling for a Stronger Yuan

China in Transition
August 29, 2003

The Rise of China as a Win-Win Game for Japan
- Immense income transferred from China through the terms of trade effect

China in Transition
August 22, 2003

Roppongi Hills as a Model for Reform
- Politicians should learn from the entrepreneurs

China in Transition
August 18, 2003

Was Japan's Second Quarter GDP Boosted by SARS?

China in Transition
August 8, 2003

Behind China's Car Ownership Boom
- Uneven distribution of wealth rather than rising income

China in Transition
August 1, 2003

Sinocentrism or Paranoia?

China in Transition
July 25, 2003

"Local Production and Local Sales" is not the Only "China Business" Model

China in Transition
July 18, 2003

Is a Weak Yuan Really to Blame for China's Progress and Japan's Decline?

China in Transition
July 11, 2003

The Yuan's Appreciation and the Japanese Economy
- Effects similar to the SARS epidemic

China in Transition
July 4, 2003

Japan's Open-Door Policy - An unfinished agenda

China in Transition
June 27, 2003

Adjusting the Fiscal Relationship between Central and Local Governments
- China gropes for centralization, while Japan heads toward decentralization

China in Transition
June 20, 2003

On China Becoming a Major Auto Power
- The need to enhance international competitiveness

China in Transition
June 13, 2003

Contrasting Banking Reforms in Japan and China
- Nationalization vs. Privatization

China in Transition
June 6, 2003

China's Rising Foreign Exchange Reserves:
A symptom of misallocation of funds

China in Transition
May 30, 2003

China's Confidence in its "New Thinking on Sino-Japanese Relations"

China in Transition
May 23, 2003

The Plight of the Hong Kong Economy - SARS is not the only culprit

China in Transition
May 16, 2003

China's Rich under Fire - Should their original sin be pardoned?

China in Transition
May 7, 2003

The Effects of SARS on Asian Economies

China in Transition
April 30, 2003

The Effect of SARS on the Chinese Economy

China in Transition
April 24, 2003

Building an All-round Well-off Society - The Shift from Efficiency to Equity

China in Transition
April 18, 2003

Why South Korea Does Not Perceive China to be a Threat

China in Transition
April 11, 2003

The More FDI, the Better?

China in Transition
April 2, 2003

Why Japanese Firms are Unpopular

China in Transition
March 28, 2003

Foreign Exchange Policy Needs to Change with the Times

China in Transition
March 20, 2003

How Far is the Yuan from its Purchasing Power Parity?

China in Transition
March 14, 2003

Japan and China
- A Complementary Relationship that Leads to Business Opportunities

China in Transition
March 7, 2003

Is Japan's Deflation "Made in China"?

China in Transition
February 28, 2003

China not Ready to Open its Capital Account

China in Transition
February 21, 2003

China's Good Deflation, Japan's Bad Deflation

China in Transition
February 14, 2003

The More Foreign Exchange Reserves the Better?

China in Transition
February 10, 2003

The Political Economy of a Stronger Yuan

China in Transition
February 7, 2003

The Illusion that Long Holidays Help Boost the Economy
The lessons to be learned from the Laffer curve

China in Transition
January 24, 2003

Dongguan Establishes "Little Japan" to Woo Japanese Investors

China in Transition
January 17, 2003

A New Stage in Japan-China Corporate Tie-Ups
- When China's Carlos Ghosn comes to Japan

China in Transition
January 10, 2003

The Dark Side of China's Development: He Qinglian's The Pitfalls of Modernization

China in Transition
December 27, 2002

Solving Agricultural Problems in China and Japan
- More democracy needed in both countries

China in Transition
December 20, 2002

More Trade Friction Looming for China

China in Transition
December 13, 2002

A Taxonomy of Chinese Economists
- Beyond the dichotomy between reformists and conservatives

China in Transition
December 6, 2002

Japan's Changing View of China

China in Transition
November 29, 2002

China's Top 500 firms: The gap with the world remains wide

China in Transition
November 22, 2002

Higher Expectations for the Fifth, Rather than Fourth, Generation of Leaders

China in Transition
November 15, 2002

Diverse Views of China in Japan - How They Affect China Policy

China in Transition
November 8, 2002

Is FDI in China Hollowing Out Japan's Industry?
- The need to differentiate between good and bad direct investment

China in Transition
November 1, 2002

Stock purchases by the Bank of Japan - Lessons from the Hong Kong experience

China in Transition
October 25, 2002

Primary Stage of Socialism or Primitive Capitalism?

China in Transition
October 18, 2002

Understanding "The Forty-year Gap between the Economies of Japan and China"

China in Transition
October 11, 2002

China's Industrialization and Japan's De-industrialization

China in Transition
October 4, 2002

Behind China's Housing Bubble

China in Transition
September 13, 2002

Eat Your Spinach, Japan

China in Transition
September 6, 2002

Why Japan Should Continue to Provide ODA to China
- The Need to overcome market failures

China in Transition
August 30, 2002

The Myth of Chinese Competitiveness
- Are low wages China's strength or weakness?

China in Transition
August 23, 2002

"Three Represents Theory" aims for "Peaceful Evolution"

China in Transition
August 16, 2002

China's Immiserizing Growth

China in Transition
August 9, 2002

How Far is Coastal China Behind the Industrialized Countries?
- An analysis based on purchasing power parity

China in Transition
August 2, 2002

Chinese Private Companies Demanding National Treatment At Home

China in Transition
July 19, 2002

Toward Economic Integration in Asia
- Japan-China FTA should play a pivotal role -

China in Transition
July 9, 2002

Japan is Cursed by Gresham's Law: Let Darwin's law rule

China in Transition
June 21, 2002

Japanese Carmakers Shouldn't Race into China

China in Transition
June 7, 2002

Time to Float the Yuan

China in Transition
May 31, 2002

What If China is Only a Big Producer But Not a Big Market

China in Transition
May 24, 2002

Is China's Growth an Illusion? - Credibility of China's GDP statistics -

China in Transition
May 17, 2002

Japan's Two-Faced Diplomacy in Shenyang

China in Transition
May 2, 2002

China's Special Economic Zones: Lessons for Japan

China in Transition
April 26, 2002

Don't Confuse "Made in China" with "Made by China"

China in Transition
April 19, 2002

China should not Seek Stability between the Yuan and the Yen

China in Transition
April 12, 2002

Can the Chinese Economy Leapfrog?

China in Transition
April 5, 2002

Can Japan be a Free Trader and a Protectionist at the Same Time?

China in Transition
March 29, 2002

Work Sharing: Will Japan Follow in China's Footsteps?

China in Transition
March 22, 2002

Why the Japanese are Poor English Speakers
- A proposal to reform English language instruction in Japan

China in Transition
March 15, 2002

If China were a Village of Just 100 People

China in Transition
March 8, 2002

Shanghai versus Hong Kong as China's Financial Center
- Do they compete or complement each other

China in Transition
March 1, 2002

Labor Supply May Restrict China's Long-Term Economic Growth
- When will the "single-child" policy backfire?

China in Transition
February 19, 2002

Overcoming Japan's "China Syndrome"

China in Transition
February 15, 2002

Is Investment in China Hollowing Out Japan?

China in Transition
February 8, 2002

Why is the Yen falling?

China in Transition
January 25, 2002

Redressing China's Regional Disparity Problem
- Labor and capital mobility holds the key

China in Transition
August 6, 2015

Free-falling Chinese Stocks:Are measures to bolster the stock market necessary?

China in Transition
August 7, 2015

China's Balance of Payments from the Perspective of the Development Stage Theory: From a debt reducer to a young creditor

China in Transition
August 19, 2015

Impact of the Collapse in Stock Prices on the Chinese Economy

China in Transition
November 13, 2015

Consumption and the Service Sector Set to Become the New Engines of Growth

China in Transition
December 16, 2015

China's Private Enterprises Emerging as the Main Players in Growth Areas

China in Transition
May 19, 2015

The Internet Industry Has Become the Growth Engine of China

China in Transition
June 25, 2012

China's State Capitalism on Trial: Urgent need to escape from the "Transition Economy Trap"

Newspapers & Magazines
March 13, 2012

Riding on the Vigor of an Economic Superpower: Japan should seek an FTA with China

Column
May 23, 2011

The Difficult Road to "Peaceful Development"
- Fulfilling International Responsibilities and Promises -
- Political Reform Needs to Be Actively Promoted -

Newspapers & Magazines
May 19, 2010

Becoming a True World Power Requires Relinquishing some Odd "Chinese Characteristics"
- Sharing Values with the Developed Countries; Overcoming Instability by Implementing Political Reform -

Newspapers & Magazines
October 8, 2009

Global Economic Crisis and China - Structural change and future of RMB

Workshops
June 9, 2009

China Outpaces Industrial Countries in the Race to Recovery
- Expanding its presence in the global economy

Column
October 7, 2008

Guangdong Province Aiming for Industrial Upgrading without Hollowing Out

China in Transition
July 31, 2007

Whither China's Stock Market Bubble?

Column
May 29, 2007

China Study Report - The Quest to Realize the Rule of Law and Fairness

Newspapers & Magazines
October 4, 2005

The First Step Toward Yuan Reforms

Column
April 5, 2005

Redressing Regional Economic Disparities in China - The Domestic Use of FTAs, the "Flying Geese" Pattern and ODA

Column
October 2004

Pros and Cons of RMB Revaluation: Interests and Arguments of China, Japan and the United States

Economic Policy Review Series (Japanese)
September 28, 2004

China Needs the G-8, as the G-8 Needs China

Column
March 23, 2004

Why Japan Should Pursue an FTA with China - The Need to Prevent a Hollowing-out of Domestic Industry

Column
February 26, 2004

Toward Asian Currency Stability <RIETI Featured Fellow> C. H. KWAN

RIETI Report
January 27, 2004

What Japan Can Learn From China's Reform Experience

Column
January 16, 2004

Asian Network of Economic Policy Research (ANEPR) 2003-2004 Asia in Search of a New Order 16-17 January 2004

Symposiums
July 29, 2003

A Stronger Yuan Will Do Japan No Good

Column
October 2002

A Reintroduction to the Chinese Economy

Economic Policy Review Series (Japanese)
July 23, 2002

Why the Japanese are Poor English Speakers - A Proposal to Reform English Language Instruction in Japan

Column
July 9, 2002

Japan is Cursed by Gresham's Law: Let Darwin's Law Rule

Column
July 2002

The Rise of China and Asia's Flying-Geese Pattern of Economic Development:
An Empirical Analysis Based on US Import Statistics

Discussion Papers (English)
May 16, 2002

Hello from RIETI <RIETI Featured Fellow> C.H. KWAN

RIETI Report
April 22, 2002

Asian Economic Integration - Current Status and Future Prospects -

Symposiums
April 5, 2002

China's Challenge: Employment and unemployment

BBL Seminars
November 12, 2001

China as Number One - The Day When China's GDP Surpasses that of the U.S.

Column
May 29, 2001

Turning Trade Friction between Japan and China into a Win-Win Game

Column

August 2022

Market-based Reform of Production Factors in China

Policy Discussion Papers (Japanese)