After the 6th S&ED, both China and the Unites States are striving to intensify the Bilateral Investment Treaty negotiations. He Weiwen discusses the urgency for both sides to agree on the core issues and articles by the end of 2014 in order to promote consumer welfare and economic efficiency.
Since the start of the global financial crisis and the emergence of regional trade alliances in the global economy, “a currency swap network” has emerged in financial and monetary fields.
After the Renminbi depreciated for five consecutive months, the market has again seen signs of a pick-up. Some analysts believe the unusual change in RMB exchange rate means the RMB has stopped depreciating and begun returning onto the track of appreciation.
As the Chinese government has given up its large-scale economic stimulus, China’s economy and demand will not grow rapidly, writes Ding Yifan.
It is extraordinarily important, according to Dan Redford, to permanently extend the EB-5 visa program. Redford argues that this program helps build a healthier U.S. economy, as well as strengthens the United States’ role as the world’s leading economic innovator.
While recent investments by Chinese firms looking to make inroads in the American automobile market, and particularly Detroit, could appear as an indication of China reaping the benefits of an economically depressed U.S. auto industry, there is also evidence that these developments are of mutual benefit to everyone involved.
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