Recent Posts

Social Unrest Is Rising, Adding To Risks For Global Economy

After a pause in popular protest during the first year of the pandemic, people are returning to the streets. This year, large and long-running anti-government demonstrations have occurred in some advanced economies where unrest is relatively rare, such as Canada and New Zealand. And in several emerging and developing economies, …

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China Treads A Fine Line On The Russia–Ukraine War

Since the beginning of the Russia–Ukraine war, China has been urged to give up its ‘chilling silence’ and help to stop Russian military aggression in Ukraine. Despite international pressure over its policy of expedient neutrality, China is patiently biding its time and waiting on the sidelines as the conflict unfolds. …

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Economic Challenges As The Fundamentals Of China’s Fiscal Issues

China’s Central Comprehensive Deepening Reform Commission (hereafter referred to as the Reform Commission) has recently highlighted the issue of fiscal and taxation system reform. The Reform Commission mandates that the sub-provincial fiscal system carry out the reform strategy outlined in the “14th Five-Year Plan”, where it is recommended to adhere …

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