China’s Central Committee will gather later this year for a session that will shape the outlook of the global economy. Despite hopes that China will announce a rebalancing strategy, Jonathan Holslag believes Beijing will continue its high export policies.
Commenting on Chinese President Xi Jinping’s speech at the G-20 Summit in St. Petersburg, Chen Xiangyang explains the significance of Xi’s remarks highlighting the need for cooperation to ensure stable economic growth across the globe, rather than focusing on the economic crises facing rising and falling powers.
There is inevitable concern that the Chinese Silk Road plan will not be compatible with the US one, and there will be increasing competition between China and the US in Central Asia, writes Su Xiaohui.
With the Fed publicly considering an end to its massive, open-ended purchases of long-term securities and foreign capital fleeing home from emerging markets, many fear that Asia’s economies could come crashing down, as they did in the late 1990’s, writes Liu Mingkang.
Detroit’s decline demonstrates what happens when laws of economic and social development are broken, writes Ding Yifan. It is a lesson that China should learn to accomplish its economic restructuring without repeating Detroit’s mistakes.
Following a meeting of the world’s top leaders at the G-20 Summit in St. Petersburg, Russia, Liu Jiangyong examines Japan’s relations between China and the Republic of Korea and notes that several factors contribute to the historical departure Prime Minister Shinzo Abe’s current administration has taken compared to previous administrations.
China’s economic slowdown has emerging economies around the world concerned that slowing growth will impact trade and investment. Specifically, many Latin American markets worry they will be negatively impacted by a decrease in exports to China.
Both the US and China, as the world two largest economies and members of G20, share a strong responsibility in supporting the common goal of establishing a job-rich, strong, sustainable and balanced growth path, writes He Weiwen.
Following China and Kenya’s $5 billion trade deal, Robert I. Rotberg explores how the investment moves beyond traditional infrastructure development and increases Chinese soft power abroad with a focus on halting the illegal ivory trade.
The global economy could be in the early stages of another crisis – and, once again, the Federal Reserve is in the eye of the storm. As the Fed attempts to exit from its unprecedented policy of massive purchases of long-term assets, many high-flying emerging economies suddenly find themselves in a vise.
To facilitate its drive to upgrade the national economy, China needs to renew its national economy accounting system according to the new international standard, says Zhang Monan.
In order to achieve sustainable, equitable, and innovative GDP growth, China needs a new, more sophisticated growth model – more like a “growth order.” With a more inclusive, long-term approach that emphasizes strong institutions and eliminates perverse incentives, China’s leaders can foster a more balanced economy and society.
While most Americans view China as friendly though not as an ally, those who favor demonizing China seek to change both perceptions and realities, writes Dan Steinbock.
While many analysts have characterized China’s economic slowdown as a “black swan” event, Yu Xiang explains how this slowdown is the “New Normal” in China. As China’s economy is reformed and rebalanced, the United States will benefit from increased bilateral trade and greater cooperation.
After a careful analysis of a recent New York Times article, Yu Xiang finds that the criticism leveled in the article is full of misinformation and concludes that the protectionist slant revealed in the article is worrying.