The China wave will continue to roll across the globe crashing on far away shores as the 21st century unfolds. Individuals, states, and nations can do nothing and be swamped or learn to surf and ride the wave.
More than 60 countries and institutions have embraced President Xi Jinping’s call for connectivity programs both within Asia and between Asia and Europe, both by land and by the sea, to strengthen traditional infrastructure and build highways of trade, finance, and cultural exchange.
Quantitative easing (QE) is utilized by U.S. and European banks to manipulate asset prices and provide stimulus to asset-dependent economies. China’s market manipulation is no less blatant, but is distinct in its aim to promote new markets.
Trust has been the missing key ingredient in China-U.S. relations, though recent interactions between the two countries show it doesn’t have to be that way.
Chinese auto industry is turning the corner on innovation despite ongoing critique about “lookalike” cars.
China invites the nations of the world to join in its strategy of opening up featuring mutual benefit and win-win outcomes. By opening doors wider and wider to the outside world, the environment for development will be more transparent, equitable, well-regulated, and predictable.
Enjoying great potential and elasticity, the Chinese economy has enough leeway to cope with various changes and challenges, and its general trend of steady growth — pushing the global economy towards recovery — remains unchanged.
Despite the recent unprecedented slump in the stock market, Beijing will continue to foster healthy development of the stock market through market-oriented reform policies. This unchanged policy ensures that the upswing in the Chinese stock market will continue in the second half of the year.
The new AIIB reflects China’s opportunity to assist the developing world, but how China cooperates with India, and U.S. interests in the Asia Pacific, will determine the effectiveness of the new Bank.
The key legal framework for the China-initiated regional multilateral institution – the Asian Infrastructure Investment Bank (AIIB) – was inked by representatives of the bank’s 57 founding members in Beijing last Monday. For China and the U.S., the AIIB is not about win-lose. A win-win result can be achieved if both sides are more open-minded.
As the focus of the West was fixed in Greece and Iran, the 7th BRICS Summit began a massive shift from a dialogue to an economic partnership – one whose full impact will be witnessed in the coming years.
The government’s aggressive response in stabilizing “Uncle Xi’s bull market,” has highlighted the political nature and disconnect between the stock market and overall economic health. The government must decide whether to continue its efforts to open the capital account and liberalize the exchange rate.
The A-share market has been undergoing an unprecedented plunge since mid-June, with the benchmark Shanghai Composite Index having declined about 30% and the capitalization of listed companies having shrunk by about 20 trillion yuan (about $3.23 trillion).
The rapid development of China-U.S. e-commerce is challenging traditional assumptions about how international business is conducted, but there still is a lack of understanding among foreign brands and retailers about what cross-border e-commerce is and how they can leverage it to sell their products to Chinese consumers.
“China-bashing” rhetoric has for years dominated U.S. national elections cycles, however, can a rapidly increasing and geographically diverse Chinese foreign direct investment in the United States temper this typical national anti-China dialogue?