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The Digital Transformation in China »

Publication date: 2026
China stands at a pivotal moment in its economic history. Ageing demographics and the erosion of traditional low-cost advantages are necessitating a shift away from factor-driven growth toward innovation and productivity. The digital economy — powered by artificial intelligence, big data, cloud computing and fintech — has emerged as the central force reshaping how China produces, trades and governs. China Update Book 2026 brings together leading economists and policy analysts to examine this transformation in depth. Drawing on rigorous empirical research, the volume traces how ICT industries have driven output and productivity growth, how digital innovation interacts with China’s broader innovation system, and how AI is modernising China’s industrial structure. It investigates the rapid but uneven expansion of digital finance — from mobile payments that have largely displaced cash in urban everyday life to fintech services reshaping rural credit markets — and asks whether China’s financial system has achieved inclusive depth or merely impressive reach. The volume also examines data as a distinct factor of production in regional growth, the use of digital technology to transform rural governance, and the policy frameworks governing data-driven economies. Chapters on China’s international balance sheet, its rising current account surplus, and the resilience of its export sector, as intermediate goods push it up global value chains, situate digital transformation within the wider macroeconomic landscape. Further contributions address the impact of US technology export controls, China’s data localisation laws, the digitalisation of production and trade, and the promise of digital agriculture. Authoritative, timely and wide-ranging, China Update Book 2026 is essential reading for scholars, policymakers and anyone seeking to understand how digital transformation is redefining China’s economic future.

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Curing Australia’s Childcare Crisis »

Quality, universal early learning

Authored by: Andrew Scott
Publication date: 2026
Australian childcare is in crisis. Revelations in the last two years of the serious harm being done to many of Australia’s youngest citizens, in places meant for their education and care, have shocked the nation. Failings simmering for decades, because governments have again allowed childcare to become dominated by excessive profit seekers, are forcing a policy reckoning. In this book, Professor Andrew Scott outlines expert evidence and international experience to demonstrate how we can best make childcare safe and invest in children’s crucial first 5 years, when 90 per cent of their brain development takes place. Further, Scott demonstrates how the public outlay on policy measures needed will result in a substantial net financial gain for taxpayers. He outlines a future in which traditional Australian community involvement in early learning such as kindergartens, together with innovative new forms of provision, are mobilised to support parents, properly value the work of childcare professionals, boost women’s workforce participation and increase the role played by fathers in the lives of their children. Out of crisis, as Professor Scott powerfully shows, comes the opportunity for far-reaching, beneficial social change.

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Fragile Prosperity »

Australia’s gigantic monetary gamble

Authored by: Stuart Kells
Publication date: April 2026
Fragile Prosperity presents a new perspective on the past five decades of economic policy in Australia. This book shows that in important respects the basic pillars of this policy are misconceived, resting on fundamental misunderstandings of money, taxation and fiscal accounting. Monetary and fiscal policies in Australia are reappraised, along with the nation’s program of financial deregulation: a gigantic experiment in modern money. A new understanding is presented of the causes of inflation in Australia and the drivers of house price growth, along with associated impacts on wealth distribution and inequality. The implications are stark. While successive federal governments and Australia’s central bank have given up the means to directly control the principal cause of inflation, the current method of inflation control operates like a dead hand on the non-bank economy. Australia now faces a terrible conundrum in public policy and macroeconomic management, one with urgent implications for countries with similar regulatory settings, such as Canada and New Zealand. Further afield, the story of Australia’s experiment with modern money is a cautionary tale for all advanced economies. ‘Many younger Australians no longer feel that hard work brings a better life. In this timely book, Kells reveals the deeper, actual reasons Australia is no longer a land of economic opportunity.’ Thomas Walker, CEO, Think Forward ‘The thrust of this excellent work is that the process and consequences of the generation of money have been widely misunderstood by regulatory and government bodies, leading Australia unwittingly clinging to a “fragile prosperity”. Kells sets about offering practical solutions.’ David Merrett, Professor Emeritus, Faculty of Business and Economics, University of Melbourne

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Reshaping the State »

Chinese Political Institutions under Xi Jinping

Authored by: Wen-Hsuan Tsai
Publication date: February 2026
‘Based on extensive fieldwork and impressive analytic skills, Wen-Hsuan Tsai has produced the most detailed and informative account of the evolving political system in Xi Jinping’s China that I have ever read. It is essential reading for everyone seeking to understand the management and deployment of political power in contemporary China. The book convincingly shows that even though Xi Jinping may have centralized power in his own hands, institutions still matter. Indeed, they are holding China together.’ —Kjeld Erik Brødsgaard, Copenhagen Business School ‘This engaging and thought-provoking academic work reflects the scholar’s dedication to enhancing our understanding of Chinese governance. It blends institutional resonance with leadership dynamics, addressing the knowledge gap in the West about the complexities of the Chinese Communist Party’s resilience and institutions. By examining the idiosyncrasies, risks and challenges of contemporary China—both a major global influence and the world’s second-largest economy—it encourages readers to reflect deeply on its governance and implications.’ —Hon S. Chan, City University of Hong Kong ‘As a leading scholar on China’s elite politics, Dr Wen-Hsuan Tsai reveals how Xi Jinping reshaped the party-state to achieve institutional centralization and made and implemented domestic and foreign policy as the supreme leader of China. This book opens the “black box” of Chinese leadership politics, policymaking and implementation. It is a must-read for anyone who wants to gain deep knowledge about political dynamics in contemporary China.’ —Suisheng Zhao, University of Denver Format: Hardback

The Great Energy Transformation in China »

Publication date: November 2025
In 2020, China started the drive to commence a reduction in carbon emissions by 2030 and reach carbon neutrality by 2060, setting in motion a transition to a green, sustainable and clean economy. China has ambitiously developed clean energy alternatives to coal. This transformation encompasses multifaceted strategies ranging from investment in renewable energy and the development of low-emission technologies to more stringent policy regulations on emissions. Renewable energy sources like hydroelectric power, wind, solar and biomass have received substantial attention and investment, with China emerging as a global leader in renewable energy capacity. In the technology space, China’s transitioning to electric vehicles (EVs) has catalysed the development of a robust EV market, fostering innovation in battery technology and charging infrastructure. China has now become the largest exporter of EVs in the world market. These developments have the potential to materially help curb the world’s carbon footprint and mitigate environmental degradation. Nevertheless, challenges persist domestically, including the need for grid modernisation to accommodate intermittent renewable energy sources and addressing the socio-economic impacts on coal-dependent regions. In the international market, China’s efforts towards a cleaner and more sustainable energy landscape have helped position it as a leader in sustainable economic development. This could enhance trade of green products, the development of global renewable energy and international investments in energy transformation. However, global trade and investment in green technologies and products are faced with rising geopolitical tensions and trade protectionism. This book discusses China’s achievements in its transition towards renewable energies and identifies new opportunities and challenges for deepening energy transformation in China.

Made in China Journal: Volume 10, Issue 1, 2025 »

Publication date: October 2025
What does it mean to come of age in a society where the paths to adulthood are increasingly uncertain, yet the pressure to succeed remains relentless? In today’s China, youth navigate the fading promise of reform-era mobility, the grind of economic slowdown, and a moralising narrative that glorifies hardship. Two expressions have come to define this generational mood: neijuan (内卷, ‘involution’), the feeling of being trapped in endless competition with little reward, and tangping (躺平, ‘lying flat’), a quiet refusal to play by those rules. In response to these pressures, young people are experimenting with new ways of living, working, and imagining the future, even as that future grows more precarious. This issue of Made in China Journal explores how these dynamics unfold across schools, homes, workplaces, digital platforms, and creative spaces. Rather than casting youth as rebels or victims, the contributions examine the everyday strategies and compromises that define life under constraint.

A Quiet Revolution in Indigenous Service Delivery »

New Public Management and its Effects on First Nations Organisations

Publication date: May 2025
The government Indigenous service market that is now well entrenched in the public administration system has operated to marginalise First Nations people and First Nations organisations, who have had very little say, if any, over the last 20 years, about how government services are designed to meet their needs. The chapters in this volume comprehensively describe and illustrate how the government Indigenous market, and the Indigenous service delivery system created around that market, have failed and why system change is needed. The book offers the expertise of individual community-controlled First Nations organisations operating in urban settings in NSW, which variously operate as social enterprises, businesses, community development organisations, social service providers, representatives and advocacy organisations. Concentrating on the experiences of individual First Nations organisations allows us to examine the complex, layered Indigenous service system as a multi-jurisdictional phenomenon on the ground in an urban context.

Made in China Journal: Volume 9, Issue 2, 2024 »

Publication date: May 2025
Chinese journalism is dead—long live Chinese journalism! The dramatic transformations in China’s media landscape over the past decade have led many to declare the death of quality journalism in the country. The Party-State’s tightening grip on information, the dismantling of once vibrant investigative outlets, and the growing precarity of media professionals seem to confirm this narrative. And yet, as traditional spaces for critical reporting shrink, new modes of journalistic practice continue to emerge, often in dispersed and unexpected forms. From citizen-led investigations and social media exposés to transnational collaborations, Chinese journalism has not disappeared—it has adapted. This issue of the Made in China Journal explores the shifting terrain of journalistic production in and about China, tracing the resilience, reinvention, and risks that define the profession today.

China: Regaining Growth Momentum after the Pandemic »

Publication date: December 2024
The slower growth of the Chinese economy in the aftermath of the pandemic has prompted the Chinese Government to adopt measures to boost domestic consumption and deepen structural reform, with the effectiveness of such policies beginning to be felt. However, China still faces challenges that will affect its growth dynamics down the track. These include the slowdown of its real estate sector, the complex internal and external environments for macroeconomic policy, the high level of income inequality, weak growth in investment by the private sector, negative population growth, high levels of debt, deglobalisation, weakness in the financial sector and equity markets, the inadequacy of its fiscal system and the imperative to decarbonise the economy. China must confront these challenges to maintain growth momentum and achieve higher levels of income and living standards. The theme of the 2024 China Update book is China: Regaining Growth Momentum after the Pandemic. It discusses some of the challenges and policy issues that are being watched with keen interest by decision-makers and markets alike, including: What are the obstacles to economic growth in the aftermath of the pandemic and how can these be overcome? What are the key challenges and opportunities for China to move to the next level of development against the backdrop of negative population growth? Is it time for a Tax-Sharing System Reform 2.0 to consolidate China’s fiscal position? What are the challenges facing China’s small and medium enterprises? How is China’s business environment faring, and what are the implications for investment? How does China’s urban housing affordability impact its low fertility rate? How will the trade conflict between China and the United States play out regarding semiconductors and other high-tech products? How does China–Africa bilateral agricultural trade impact on African rural transformation?

Made in China Journal: Volume 9, Issue 1, 2024 »

Publication date: August 2024
A new Chinese government textbook for university students, An Introduction to the Community of the Zhonghua Race (中华民族共同体概论), promotes President Xi Jinping's vision for governing the country’s diverse population. This approach shifts away from celebrating cultural differences—what the anthropologist Susan McCarthy once termed ‘communist multiculturalism’—and towards a Han-dominant identity, a form of racial nationalism inspired by sociologist Fei Xiaotong’s concept of ‘multiple origins, single body’ (多元一体). While the constitution of the People’s Republic of China as amended in 2018 guarantees minority rights and political autonomy through the framework of ‘minority nationalities’ (少数民族), the textbook suggests that Tibetan, Uyghur, Mongols, and other Indigenous groups should eventually assimilate into Han culture, raising concerns about the future of minority languages and traditions. Xi Jinping's new approach to national unity faced significant resistance from both minority and Han officials. Yet, this resistance only prompted an even more muscular response: revamping government departments, a harsh crackdown in minority-populated areas, and removing minority officials who oversaw ethnic affairs. In this issue of the Made in China journal, we ask contributors to reflect on the state of ethnic minority culture in the wake of Xi’s new ethno-nationalist order and explore what remains of cultural differences at the end of dreams of communist pluralism and ethnic autonomy.