Xiang Songzuo, October 23, 2019 Xiang Songzuo (向松祚) is an economist, and a professor of the School of Finance and Finance of Renmin University of China. His speech in December 2018, A Great Shift Unseen Over the Last Forty Years, translated by China Change, was widely disseminated. This short, recent commentary below was immediately censored on Weibo and WeChat. — The Editors According to official data, China’s GDP growth rate in the third quarter fell to 6 percent, and will likely fall below that in the fourth. Next year, it is sure to enter the era of 5 percent. If you look at corporate profits, fiscal revenue and other indicators, things don’t add up and the official GDP growth rate is clearly inflated. In the […]
Xiang Songzuo, December 28, 2018 On Dec. 16, Prof. Xiang Songzuo (向松祚) of Renmin University School of Finance and former chief economist of China Agriculture Bank, gave a 25-minute speech during a CEO class at Renmin Business School that was apparently applauded by the audience but immediately censored over the Chinese internet. Singling out 2018 as the year when China comes to a large shift unprecedented over the past 40 years, the speech can be seen as a landscape survey of Chinese economy, and obliquely, also of politics. Just as Tsinghua law professor Xu Zhangrun’s (许章润) broadside “Imminent Fears, Immediate Hopes”, which was superbly translated and widely talked about among China watchers, Prof. Xiang’s speech is another rare burst of Chinese intellectuals’ discontent with the […]
When talking with Chinese friends and co-workers about the pollution levels in Nanjing (awful compared to developed countries, but decent for Chinese cities), they are quick to point out that foreign companies in China are the ones that should be blamed for the filthy air. While it is absolutely true that foreign companies are adding to China’s environmental woes, I’m not convinced they should shoulder all the blame. Today, I’d like to start by discussing three points related to this statement, and I hope you’ll continue the discussion in the comment section below. Production for the West This factor is undeniable. Western consumers have benefited from the destruction of China’s environment by purchasing cheap goods. If all of our environmental standards were enforced globally (and […]
If you’ve read every article so far on Seeingredinchina.com now, you have now read the equivalent of a 200+ page book, and hopefully have learned something new about China. If you haven’t caught every exciting article (and the ones in between) make sure to check out the archive. Here are a few of the posts that I think were my best work: There must be something in the air Mao’s fuzzy math and the one child policy Can the world afford China’s heating bill Your home in rural Guangxi It’s easy to learn Chinese, really China’s GDP doesn’t mean what you think it does Is inflation a Party crasher? A fight at the hospital – Abortion in China Common questions about Christianity in China Protests […]
At China Change, a few dedicated staff bring you information about human rights, rule of law, and civil society in China. We want to help you understand aspects of China’s political landscape that are the most censored and least understood. We are a 501(c)(3) organization, and your contribution is tax-deductible. For offline donation, or donor receipt policy, check our “Become a Benefactor” page. Thank you.