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.
China’s government is now attempting fiscal decentralization to revitalize the public-finance position, while adopting financial decentralization to maintain currency stability. Indeed, the quest for macroeconomic balance has become the main goal of economic policy.
Yu Yongding explains the implications of China’s slowing economic growth rate and attempts to preempt a rise in inflation.
The Chinese yuan may become a potential challenger to the U.S. dollar as the top choice of reserve currency in central banks around the world. However, for the yuan to make this move, there are several major factors, which it must address first. Daniel McDowell explores the prospects for the yuan’s potential growth.
Canada’s large supply of raw materials and natural resources has made it an ideal trade partner for China. Now, as China’s economy begins to slow, Hugh Stephens examines how a positive, long term perspective on Sino-Canadian relations could be beneficial for all of North America.
China can successfully make the industrial transition that will generate stable and sustainable growth in the long run, writes Chen Dongxiao, president of the Shanghai Institutes for International Studies.
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