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State-owned enterprises in Chinese imports have a large negative impact on US exports in addition to the effect of tariffs, from Felipe Benguria and Felipe Saffie nber.org/papers/w33599

🌍 Projects between international NGOs and China have been conducted in at least 31 countries, with the highest numbers found in Laos, Vietnam, Cameroon, Mozambique, Myanmar and Zambia, writes Elizabeth Plantan, Wendy Leutert & Austin Strange. The authors find 4️⃣ key fields where much

A deep dive on how state firms still control most of China's corporate profits. seafarerfunds.com/prevailing-win…

reuters.com/markets/asia/c…

China musters ‘national team’ to fight on front line in trade war on.ft.com/3RbF7ly

I'm pleased to announce my new book, The Bird and the Cage: China's Economic Contradictions. The book is an in-depth study of how and why the Communist Party intervenes in the Chinese economy and what it means for the world. link.springer.com/book/10.1007/9… amazon.com/Bird-Cage-Chin…

Coming out on June 3

International NGOs have shifted from promoting development in China to working with Chinese actors on development issues in third-party countries. Why? Elizabeth Plantan, Wendy Leutert & Austin Strange explain this shift in their new article: doi.org/10.1093/ia/iia…

It was a pleasure to review Elizabeth O’Brien Ingleson's excellent and timely book 'Made in China: When US-China Interests Converged to Transform Global Trade' (2024) Harvard University Press tinyurl.com/ynjd24dy

1/6 New article: Deborah Brautigam & I spent quite some time doing fieldwork/interviews in past years and here it is: we wrote about the fragmented decision making in Beijing about debt relief and the learning process among (some) Chinese officials.

🧵Could China start selling off its SOEs? It has done so in the past, and soon, it may need to consider doing so again. This year, the government is staring down widening fiscal deficits, sluggish revenue growth, and a narrowing set of policy tools.

Our results find that selling off 10% of SOE assets could raise revenue equivalent to roughly 11%–21% of GDP, while more ambitious privatizations (25% or 50% of all SOE assets) could yield between 29%–43% and 58%–85% of GDP.

While such a 'fire sale' wouldn’t solve China’s fiscal woes outright, it would be a meaningful source of immediate funds and would have the added bonus of longer term productivity gains. Full analysis here: rhg.com/research/fire-…

New podcast with Nicholas Borst on the Chinese economy. He argues that Xi Jinping's policies reflect the same goals party elites have always held, but in a changed economic and political environment. newbooksnetwork.com/the-bird-and-t…

New study by Jiayan Yan, Ziliang Deng & Klaus Meyer finds executives of firms owned by China's central government are more likely to be promoted if they support state globalization goals, esp. by investing in countries aligned politically w/ China tinyurl.com/bddxjkjz