Commentaries by Andrew Sheng
- May 04 , 2017US President Donald Trump and Chinese President Xi agreed to a 100-day plan for discussions on reducing the US trade deficit with China. It seemed to recognize that a stable US-China relationship is necessary to enable them to focus on their respective challenges.
- Oct 26 , 2015Beginning this week, the Party must agree on the direction of China’s 13th Five-Year Plan, which is to be launched in 2016 and is supposed to enable the country to graduate from middle-income status by 2020 by reforming the quality of market competition, government accountability, and the provision of public goods and services
- Aug 06 , 2015China’s current stock market volatility, though not necessarily desirable, represents a natural market correction from its June 12 peak. The economy has undergone a standard cycle of displacement, overtrading, monetary expansion, discredit, and revulsion, all in a matter of less than 12 months.
- Jan 17 , 2013China’s ability to weather the global economic crisis can be understood by taking into account Nassim N. Taleb’s concept of “antifragile” systems. Now as China’s new leadership approaches an ambitious reform agenda, it must be sure to nurture antifragility, which is crucial in large, centralized economies.