Commentaries by Derek Scissors
- Jan 25 , 2017The full American tax reform is an enormous topic, but its impact at home is what matters, not whether the trade deficit barrows. Similarly, Beijing will respond forcefully to anything like a 35% across-the-board tariff aimed only at China. But in the case of the current BAT, China is best served by focusing on fixing its own house.
- Jul 04 , 2016It is not a good time for American supporters of trade and investment with China. For political reasons, protectionist steps by the U.S. may be unavoidable in 2017. In the name of “making China play fair,” trade barriers risk hurting ordinary Americans and offering little in the way of gains. Derek Scissors argues that it is important to recognize that some policies are more justified and less dangerous than others.
- Oct 28 , 2014Derek Scissors critiques the methods to measure the wealth of a nation, in particular the GDP PPP metric which led to World Bank and IMF projections of China’s economy surpassing the American economy next year.
- Aug 13 , 2011China compiled its economic data for the first half of the year in less than two weeks. This is not nearly enough time to survey 1.36 billion people unless very