How Alibaba Grossed More than $14bil in a Single(s’) Day

While China’s Singles’ Day is the world’s biggest shopping day, food and other necessities dominate Chinese consumer spending more than in richer countries.

Part 2: How the Middle Income Trap Could Catch China

While some high middle income economies have slowed down and then accelerated again, using World Bank criteria, China’s economic growth is tough to predict.

Part 1: The Trap That China Wants to Avoid

Currently slowing down, China’s economic growth might be challenged by the middle income trap that has caught Brazil but not Taiwan or Malaysia.

The Yuan Devaluation and the Big Mac Index

Showing the purchasing power of different currencies and under-and overvaluation, the Big Mac Index can provide an understanding of the yuan devaluation.

The Deal That a Chinese Firm Could Not Refuse

Displaying a shift in comparative advantage, some Chinese textile manufacturers are locating their factories the the U.S. rather than China.

Why China Wants to be Called a Market Economy

Ignoring Adam Smith’s ideas, the EU will probably tell us by 2016 that China has a market economy because the World Trade Organization requires a decision.

The Reversed Role of Chinese Deposit Insurance

While many nations have deposit Insurance and China will have theirs very soon, the quality and the confidence in different deposit insurance schemes vary.

Where Prada is Called Ordinary

Purchasing less expensive luxury goods like Prada and Louis Vuitton, China’s growing middle class displays Thorstein Veblen’s conspicuous consumption.

Why It’s Tough to Evaluate Job Performance

If a performance metric is known, the people being evaluated have an incentive to shift their behavior so that their scores improve but not the job they do.

The Reason For Our Chocolate Problem

The chocolate deficit is a supply and demand story with weather and fungus problems on the supply side and demand up from developing nations.