economic policy

Labor dispatch has become a pervasive employment practice across China, fundamentally transforming the country’s labor market landscape. This system, where workers are hired through third-party agencies rather than being directly employed, has penetrated virtually every sector of the Chinese economy, from state-owned enterprises to government institutions.

The recent mortgage rate increases in China’s banking sector reveal complex dynamics within the country’s financial system. In Hangzhou, a major economic hub in China’s Zhejiang province, mortgage rates for first-time homebuyers have been raised twice in just one month, moving from 2.

The World Trade Organization’s journey from a promising global trade arbiter to its current weakened state reflects profound changes in international economic relations. Originally established to foster fair trade and resolve disputes between nations, the WTO represented a significant evolution from its predecessor, the General Agreement on Tariffs and Trade (GATT).

China’s property market has been a subject of intense scrutiny since entering a downturn phase in 2021. CICC’s recent research report suggesting market stabilization by 2026 warrants careful examination through multiple analytical lenses.

Trade and control of salt has historically been a crucial economic and political issue across civilizations. The apparent difference in salt control between ancient China and Europe stems from several fundamental factors.