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Nancy Qian

Articles by Nancy Qian

China’s Three-Child Policy Won’t Help

9 days ago

Alarmed by new data showing that its fertility rate is now similar to that of aging Japan, China has announced that it will permit families to have up to three children. Yet without broader reforms to address high costs of living and rural-urban divides, the new policy could make a difficult problem worse.

IRVINE – In an effort to address rapid population aging, China has just announced that it will allow all families to have up to three children. The decision comes on the heels of widely publicized new data showing that the Chinese fertility rate in 2020 was only 1.3 per woman, which is similar to that of Japan (1.36 in 2019) and notably lower than that of the United States (1.7).

Chile’s Constitutional

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China Must Embrace Remote Work

May 13, 2021

The COVID-19 pandemic spurred a far-reaching shift to telecommuting throughout the West. But China has not followed suit, even though the social and environmental payoffs would be far larger than in the US and Europe.

CHICAGO – Before the pandemic, firms and workers around the world used emails and conference calls to reduce communication costs. But a lack of coordination made using these technologies fully difficult. Firing off an email was easy, but there was no guarantee of when the other person would respond. People were reluctant to break old habits. Holding a virtual meeting might be interpreted by participants to mean that the topic wasn’t particularly important. More broadly, low demand discouraged product development,

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The Two Sides of Chinese GDP

April 30, 2021

Many economists care more about China’s per capita GDP, or income per person, than the aggregate measure. The key takeaway is that China remains a poor country, despite its phenomenal headline economic growth over the past four decades.

CHICAGO – Economic reporting about China focuses far too much on total GDP and not enough on per capita GDP, which is the more revealing indicator. And this skewed coverage has important implications, because the two indicators paint significantly different pictures of China’s current economic and political situation. They also focus our attention on different issues.

Share the Intellectual Property on COVID-19

Guillame Souvant/AFP via Getty Images

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