Elimination of the hukou system will improve social welfare, which can contribute to rising domestic consumption.
CSR Blog: The Sixth Generation Leaders Poised to Continue Xi’s Legacy
By Joe Bauer As Xi Jinping 习近平 strode onto stage in October 2017 with six men in tow, observers were quick to point out that not a single one belonged to what is commonly known as China’s “sixth generation” of leadership. The seven men on stage together formed the Chinese Communist Party’s (CCP) Politburo Standing …
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CSR Blog: China’s Incursion into Energy Sectors of Latin American Hydrocarbon Giants
By Matthew Hughes As part of China’s “energy diplomacy” to “secure long-term access to energy resources,” most of its investments in Latin America have been in resources and energy, especially among the region’s hydrocarbon giants Brazil (which produced 3.67 million BPD of petroleum and other liquids in 2019), Mexico (1.92 million BPD), and Venezuela (0.93 …
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CSR Blog: How Local Politics Might Undermine China’s Environmental Policy Ambition
By Zhuoran Li Since the “Reform and Open Up” that began in 1978, China has achieved magnificent economic development. China’s real annual GDP grew 9.5 percent on average from 1979 to 2018. The World Bank describes the growth of China as “the fastest sustained expansion by a major economy in history.” The economic growth not …
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