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Kevin Yao
For Kevin Yao's latest contributions to The Japan Times, see below:
Chinese leader Xi Jinping attends the opening session of the National People's Congress (NPC) at the Great Hall of the People in Beijing on Tuesday.
BUSINESS / Economy / ANALYSIS
Mar 6, 2024
As Xi summons 'new productive forces,' old questions linger for economy
By focusing on the prospect for future growth, the slogan shifts the focus from China's present economic difficulties.
People wait to board trains at the Hongqiao railway station in Shanghai ahead of the National Day holiday on Sept. 28.
ASIA PACIFIC / Politics
Dec 7, 2023
China holds back from easing of Mao-era rules, in blow to economy
An internal passport system has largely tethered people's destinies to their place of origin since the 1950s.
Japan Times
BUSINESS / Economy
Jan 17, 2023
China's economy slows sharply, with 2022 growth one of worst on record
GDP grew 2.9% in October-December from a year earlier, data showed Tuesday, slower than the third-quarter's 3.9% pace.
Japan Times
ASIA PACIFIC / ANALYSIS
Oct 14, 2022
Xi faces painful gear shift as China's investment-led growth sputters
The economic model that underpinned China's impressive expansion over the past four decades is now unsustainable and in need of a rethink.
Japan Times
BUSINESS / Economy / ANALYSIS
Jul 27, 2022
Crisis of confidence stifles China's economic recovery
Consumer and business confidence slumps in China as strict curbs aimed at stamping out COVID-19 undercut a recovery in the world's second-largest economy and dent global growth.
Japan Times
BUSINESS / Economy / ANALYSIS
May 17, 2022
China faces uphill battle to repeat 2020 miracle as exports falter
Investors worry a prolonged slowdown in the world's second-largest economy could further weaken the global recovery and that worsening supply chain disruption could fan inflation risks.
Japan Times
ASIA PACIFIC
Apr 22, 2022
China's Xi proposes 'global security initiative,' without giving details
During a video speech to the annual Boao Asia Forum, Xi said that the world should respect the sovereignty and territorial integrity of all countries.
Japan Times
BUSINESS / Economy
Oct 18, 2021
China's economy stumbles on power crunch and property woes
GDP grew 4.9% in the July-September period from a year earlier, the weakest clip since the third quarter of 2020 and missing forecasts.
Japan Times
ASIA PACIFIC / Politics / ANALYSIS
Oct 28, 2019
Amid crises, Xi Jinping seems set to uphold Communist Party rule at secretive China conclave
China's Communist Party leaders Monday kicked off their most important meeting this year, with President Xi Jinping expected to champion the Chinese model of governance while fighting protracted economic and political crises at home and abroad.
Japan Times
BUSINESS / Markets
Sep 6, 2019
China cuts banks' reserve ratios, frees up $126 billion for loans as economy slows
China's central bank said on Friday it was cutting the amount of cash that banks must hold as reserves for the third time this year, releasing 900 billion yuan ($126.35 billion) in liquidity to shore up the flagging economy.

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores