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European Voices on China
MERICS Blog

China's tight capital controls fail to address underlying problems

14 November 2017

By Maximilian Kärnfelt

Strict outflow controls have helped maintain China's financial stability. But they risk undermining their own utility by keeping funds in the country, driving investors into risky sectors and creating an excuse to postpone overdue reforms in the financial sector.

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Big Data reshapes China's approach to governance

02 October 2017

By Sebastian Heilmann

Economic planning and societal control: The digital transformation is changing the rules of the game in the global systemic competition. China's determined pursuit of a "digital Leninism" presents a major challenge to liberal market economies and democratic political systems. 

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Alibaba and the killer app

28 September 2017

By Sebastian Heilmann

China's Internet economy is developing rapidly with the help of government funding and a protected domestic market. European governments have to rethink their digital policies to be prepared for the Chinese competition.

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Why economic reforms in China mean a bigger role for the state

25 September 2017

By Max J. Zenglein

The state’s role in economic planning has increased under Xi Jinping, and national interests take precedence over market principles. Signs point to more government controls and intervention, rather than liberalisation, as a result of the 19th Party Congress.

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For China, it’s one step forward, two steps back on market access

21 September 2017

By Max J. Zenglein

With its recent promises of better market access for foreign companies, China tries to placate international criticism. But the steps are half-hearted at best, especially since the relaxations in some areas go hand in hand with new restrictions in others.

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The  Mercator Institute for China Studies (MERICS)is a Stiftung Mercatorinitiative. Established in 2013, MERICS is a Berlin-based institute for contemporary and practical research into China.

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