Hong Kong-born American economist Steven Cheung Ng-sheong (張五常) recently gave a speech at Guangzhou's Sun Yat-sen University, pointing out that the Chinese economy is in a deep crisis. During the spe ...More
EJ Insight2016-01-26
China slashed the value of the renminbi by two percentage points last week in a move that took many off guard. The currency subsequently fell more than 3 percent despite official denials the devaluati ...More
EJ Insight2015-08-17
For the past 13-odd years, China’s official unemployment statistics have been at 4 percent to 4.3 percent, leading to profound skepticism. In a recent speech in Shenzhen, economist Steven Cheung put a ...More
EJ Insight2015-03-16
