- Zhang Monan , Researcher, China Int'l Economic Exchanges Center
Feb 14 , 2017The degree of monetary easing in the major economies is unprecedented and has nearly gone to the extreme, but risk preference and incremental capital gains are the key factors that determine capital flow. International policy coordination can prevent systemic risk from spreading in foreign exchange markets, credit markets and asset cost as well as cross-border capital flow.
- Vasilis Trigkas , Onassis Visiting Scholar, Columbia University
Feb 13 , 2017However histrionic the demagogic oratory of President Trump has been, his strategy to revitalize American manufacturing will be better served by exporting more to China, not decreasing Chinese imports. China’s gigantic market has thus become the golden apple of discord in an accelerating geo-economic competition between the United States and Germany, which already enjoys significant production networks within the Middle Kingdom. Yet unlike the days of the Boxer Revolution and the alliance of eight Western nations, China can this time choose her major commercial partners.
- Humanity has to choose between pressing ahead with globalization and backpedaling. China’s president seized the moment to inject enthusiasm for economic globalization as it faces strong headwind from the US.
- Though the international economy remains unstable, the trend of economic globalization is irresistible. In the face of populist movements, however, it is critical to demonstrate the benefits and make globalization both broader and deeper to make it fairer to developing countries and more valuable to all.
- Curtis S. Chin , Former U.S. Ambassador to Asian Development Bank
Nov 07 , 2016Today, from American voters in an ugly U.S. election season to the rhetoric of newly elected Philippines President Rodrigo Duterte, we are hearing widespread anger against the governing structures of our time, against inequality and elitism. This sense of disempowerment is real and understandable. But is globalization really the root of this? Our challenge, as individuals in this era of discontent, is to ensure that we can still come together to move forward and improve the lives of all.
- Sourabh Gupta , Senior Fellow, Institute for China-America Studies
Oct 31 , 2016The current international monetary order is failing to provide the necessary tools to cope with episodes of capital flow volatility. In the short term, the BRICS countries should step in and take steps to address this issue. In the long run, they should seek to reform the monetary system and promote international financial stability.
- Wang Yusheng , Executive Director, China Foundation for Int'l Studies
Liu Cun , G20 Observer
Nov 18 , 2016Expectations are high as leaders meet to promote strong trade and investment liberalization and facilitation, and develop partnerships characterized by inter-connectivity, unity, consultation, development and shared benefits.
- China is increasingly portrayed as the next disaster in a crisis-prone world. Stephen S. Roach disagrees, recognizing his minority opinion. Roach argues that without China, the world economy would already be in recession, citing the IMF’s October World Economic Outlook.
- Dan Steinbock , Research Director, India China and America Institute
Oct 14 , 2016In Europe, Asia, and South America, preferences for either Clinton or Trump differ based on the candidates’ views on trade, the economy, and foreign policy doctrine. Though Clinton is the preferred candidate in most areas, whoever the next U.S. president is will face significant challenges on several continents.
- Wu Zhenglong , Research Fellow, China Foundation for Int'l Studies
Oct 24 , 2016Despite the current rash of nationalism and protectionism around the world, there is every reason to believe that the next high tide of globalization – thanks to the joint efforts of the international community – will bring greater and more inclusive fortune and felicity to humankind.