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Nevertheless, it is difficult to separate cyclical elements

and external shocks from the long-term trend and to conclude that China’s potential growth rate really is 6-6.5 percent. Many Chinese economists cite long-term supply-side structural factors-such as demographic agi ng, environmental degradation, and a lack of progress on reform-to argue that China has simply en tered a new stage of development, characterized by significantly…

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Chinese women spending more on themselves: report

hinese women are buying more for themselves than they have in the past, according to a new report on Chinese women’s consumption. The report was released one day before this year’s International Women’s Day by Alibaba’s e-commerce platform, Tmall. More women are spending to please themselves instead of other people, the report said. Tmall’s data showed that women’s consumption of books, tourism expe…

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