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World Economy
  • Doug Bandow Senior Fellow, Cato Institute

    Jul 26 , 2017

    At a time when Beijing seems inclined to turn inward economically, emphasizing state control and punishing foreign investors, American firms should point out the obvious economic benefits of attracting outside capital. American and other foreign firms could create some of the jobs necessary to employ Chinese workers who have come to expect a better life—and are likely to protest if that future does not materialize.

  • Zhong Wei Professor, Beijing Normal University

    Jul 10 , 2017

    The bubbles in both finance and property are growing too big. The ordinary real economy is increasingly unable to bear the over-expansion of finance and property of the past 10 years. And NASDAQ is the most precarious bubble of all.

  • Amitai Etzioni Professor, International Relations at The George Washington University

    May 23 , 2017

    A less alarmed view of China’s Belt and Road Initiative finds first of all that the whole project is much overhyped. Figures about investments include projects that had been previously launched. Although China is likely to increase its influence in the region, its growing influence should not be equated with aggression. In determining how to react to the Silk Road initiative, the West should draw on a major strategic consideration: Do the U.S. and its allies plan to block any and all increases in Chinese influence—or merely contain those moves that entails China’s use of force to dominate other countries?

  • Stephen Roach Faculty Member, Yale University

    May 04 , 2017

    The global economy now appears to be shaking off its deep post-crisis malaise, but the overhyped idea of a “new normal” for the world economy overlooks an extraordinary transformation in the global growth dynamic over the past nine years. It raises profound questions about the efficacy of monetary policy, development strategies, and the role of China.

  • Yu Xiang Research Fellow, China Institutes of Contemporary International Relations

    Apr 27 , 2017

    Trump’s election campaign promises and and the executive orders the new president signed after he came into the White House reveal a narrow-minded, conservative and selfish United States. It’s a startling reversal of the country’s outlook for six decades, and completely outdated.

  • Colin Moreshead Graduate Fellow of East Asian Studies, Yale University

    Mar 31 , 2017

    President Xi has expressed a desire to uphold and develop the world order. President Xi has expressed a desire to uphold and develop the world order. If Xi is up to the challenge and prevents a breakdown in global trade, China will have will have saved more than its own skin.

  • Richard C. K. Burdekin Jonathan B. Lovelace Professor of Economics, Claremont McKenna College

    Mar 10 , 2017

    If you ignore the dragon, it will eat you. If you try to confront the dragon it will overpower you. If you ride the dragon, you will take advantage of its might and power.

  • Zhang Monan Researcher, China Int'l Economic Exchanges Center

    Feb 14 , 2017

    The 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 , 2017

    However 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.

  • Chen Xiangyang Deputy Director, CICIR

    Jan 22 , 2017

    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.

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