Vice President and Senior Fellow, Center for China and Globalization
May 18 , 2017
The initial deals represent more intangible benefits than tangible ones, but high-tech, energy, steel and infrastructure financing all offer bankable opportunities for both countries beyond the 100-day action plan.
Mar 06 , 2017
Since the 2008 global financial crisis, no linkages have been found between the changes in US trade deficits and exchange rates. Chinese exports have grown when global market conditions improve, even in years when the RMB was strong against the dollar.
Jan 10 , 2017
While addressing the existing problems in the manufacturing sector at home, the in-coming Trump Administration needs to enhance collaboration with China, for more Chinese investment in America in general, and in the manufacturing sector and massive infrastructure development in particular.
Dec 13 , 2016
In today’s world trade, the production process — from product design, raw material procurement, financing, manufacturing, final assembly, marketing and logistics — normally stretches across many countries. Many products in international trade are known as “global products”. Globalization has produced huge cost-savings on industrial and consumer goods at every level, and any effort to restrict American businesses to sourcing and production in the US will shrink the domestic economy instead of expanding it.
Sep 13 , 2016
Despite the election-year rhetoric in the US, free-trade has been good for both countries and their people, and China and the US should both fight protectionism and support less-restricted trade to lead the global economy back to a path of strong, sustainable and balanced growth.
Aug 22 , 2016
Strategies to stabilize world commodities and promote industrialization in Africa are key to achieving the goals of global governance and for sustainable growth. Giving less-developed nations outside the G20 an economic boost is a necessary commitment if any long-term global strategies are to be successful.
May 12 , 2016
Increasing US technology and equipment exports to China would not only helping Chinese industrial upgrading, but also help US production in a time of sliding Chinese demand for US goods. Finalizing a bilateral investment treaty and closer collaboration between both governments and business to clinch more PPP projects in US infrastructure investments also would benefit both countries.
Mar 16 , 2016
The years ahead offer parallel tracks for growth for both countries, and an “early harvest” for US enterprises, if opportunities are seized in areas such as innovation, Internet plus, reducing capacity, expanding the service sector – especially in healthcare -- and developing emerging industries.
Feb 01 , 2016
China’s economy will continue to slide for some time in 2016, and the overall growth rate will be even lower than in 2015. However, the economy’s fundamental sectors portend a steady growth rate of 6.5-6.8%, depending on the progress of the reforms and restructuring, and on the developments of world economic situation. In any event, a major slump or “hard landing” seems out of the question.
Sep 24 , 2015
China’s stock-market correction was predictable after its wild rise, but it does not signal a sustained economic slump. However, “China shock” did influence the U.S. and European stock markets, despite the effect being psychological and temporary. During the first half of September, U.S. and European markets have been rising steadily, despite the lingering struggles for Chinese stocks. With an expected mild rebound by the end of the year and beyond, it is likely that China’s imports will gradually pick up, thus contributing more to the world commodities demand recovery.