Latest news with #JingQian
South China Morning Post
10-02-2025
- Business
- South China Morning Post
Lung cancer in never-smokers, right-sizing China economy: SCMP daily highlights
Published: 9:00pm, 10 Feb 2025 Catch up on some of SCMP's biggest China and economy stories of the day. If you would like to see more of our reporting, please consider subscribing . Despite drops in tobacco use worldwide, the incidence of lung cancer among people who have never smoked is increasing, with higher risks for younger generations and women – particularly in China – a global analysis led by the World Health Organization has found. 2. China has met most of its 5-year goals. It hasn't done so well on emissions China met most of its targets under the current 14th Five-Year Plan to 2025 but has fallen short on energy efficiency and emission goals, according to Tsinghua University researchers. 3. Scholar Jing Qian on right-sizing China's economy in the age of Trump Illustration: Lau Ka-kuen The researcher surveys the dividends of 'Made in China 2025' and shares why he thinks Trump's contradictions could benefit bilateral relations.
South China Morning Post
10-02-2025
- Business
- South China Morning Post
Scholar Jing Qian on right-sizing China's economy in the age of Trump and DeepSeek
Jing Qian is a co-founder and managing director of the Center for China Analysis at the Asia Society Policy Institute, and a co-founder of Cure4Cancer and the Bloomberg International Cancer Coalition. He also served as a senior adviser to Kevin Rudd, former prime minister of Australia, for almost a decade. His research focuses on China's elite politics and its impact on domestic and foreign policy, particularly US-China relations. Advertisement In this interview, Qian explores the structural challenges constraining China's economic growth, examines the state of US-China trade and technological competition and identifies potential areas for collaboration. For other interviews in the Open Questions series, click here What should we be watching for in 2025 to determine the course of the world's second-largest economy? China's economic trajectory in 2025 will be shaped by its ability to navigate the delicate balance between structural reforms and immediate economic pressures. The most pressing factors to watch will be Beijing's domestic economic policies, private sector confidence, fiscal strategies, and its execution of long-term structural reform plans. The Chinese government faces a crucial decision: will it introduce meaningful policies to support private businesses and restore business confidence, or will statist approaches remain dominant? The response will determine whether the country can revive its entrepreneurial ecosystem and encourage investment. Advertisement Another key question is how Beijing addresses local government debt, a growing burden that threatens fiscal stability. Without significant restructuring, many local governments will struggle to sustain infrastructure spending and social services. Additionally, the extent of fiscal stimulus Beijing is willing to implement – whether in the form of direct support for households or increased local government spending – will be crucial in determining the strength of the recovery. At the core of these efforts lies consumer confidence, which remains weak due to economic uncertainty, sluggish wage growth and a struggling property market. Whether home prices stabilise or continue their decline will shape household spending behaviour, influencing broader economic momentum.
South China Morning Post
10-02-2025
- Business
- South China Morning Post
Scholar Jing Qian on right-sizing China's economy in the age of Trump
Jing Qian is a co-founder and managing director of the Center for China Analysis at the Asia Society Policy Institute, and a co-founder of Cure4Cancer and the Bloomberg International Cancer Coalition. He also served as a senior adviser to Kevin Rudd, former prime minister of Australia, for almost a decade. His research focuses on China's elite politics and its impact on domestic and foreign policy, particularly US-China relations. In this interview, Qian explores the structural challenges constraining China's economic growth, examines the state of US-China trade and technological competition and identifies potential areas for collaboration. For other interviews in the Open Questions series, click here . What should we be watching for in 2025 to determine the course of the world's second-largest economy? China's economic trajectory in 2025 will be shaped by its ability to navigate the delicate balance between structural reforms and immediate economic pressures. The most pressing factors to watch will be Beijing's domestic economic policies, private sector confidence, fiscal strategies, and its execution of long-term structural reform plans. The Chinese government faces a crucial decision: will it introduce meaningful policies to support private businesses and restore business confidence, or will statist approaches remain dominant? The response will determine whether the country can revive its entrepreneurial ecosystem and encourage investment. Another key question is how Beijing addresses local government debt, a growing burden that threatens fiscal stability. Without significant restructuring, many local governments will struggle to sustain infrastructure spending and social services. Additionally, the extent of fiscal stimulus Beijing is willing to implement – whether in the form of direct support for households or increased local government spending – will be crucial in determining the strength of the recovery. At the core of these efforts lies consumer confidence, which remains weak due to economic uncertainty, sluggish wage growth and a struggling property market. Whether home prices stabilise or continue their decline will shape household spending behaviour, influencing broader economic momentum.
South China Morning Post
09-02-2025
- Business
- South China Morning Post
Scholar Jing Qian on right sizing China's economy in the age of Trump
Jing Qian is a co-founder and managing director of the Center for China Analysis at the Asia Society Policy Institute, and a co-founder of Cure4Cancer and the Bloomberg International Cancer Coalition. He also served as a senior adviser to Kevin Rudd, former prime minister of Australia, for almost a decade. His research focuses on China's elite politics and its impact on domestic and foreign policy, particularly US-China relations. In this interview, Qian explores the structural challenges constraining China's economic growth, examines the state of US-China trade and technological competition and identifies potential areas for collaboration. For other interviews in the Open Questions series, click here . What should we be watching for in 2025 to determine the course of the world's second-largest economy? China's economic trajectory in 2025 will be shaped by its ability to navigate the delicate balance between structural reforms and immediate economic pressures. The most pressing factors to watch will be Beijing's domestic economic policies, private sector confidence, fiscal strategies, and its execution of long-term structural reform plans. The Chinese government faces a crucial decision: will it introduce meaningful policies to support private businesses and restore business confidence, or will statist approaches remain dominant? The response will determine whether the country can revive its entrepreneurial ecosystem and encourage investment. Another key question is how Beijing addresses local government debt, a growing burden that threatens fiscal stability. Without significant restructuring, many local governments will struggle to sustain infrastructure spending and social services. Additionally, the extent of fiscal stimulus Beijing is willing to implement – whether in the form of direct support for households or increased local government spending – will be crucial in determining the strength of the recovery. At the core of these efforts lies consumer confidence, which remains weak due to economic uncertainty, sluggish wage growth and a struggling property market. Whether home prices stabilise or continue their decline will shape household spending behaviour, influencing broader economic momentum.
