Yi Xianrong, Researcher, Chinese Academy of Social Sciences
Feb 02, 2016
There is no need to worry about the slide in China’s GDP growth and its turbulent financial markets, because the market economy has taken root across the country — a market of 1.4 billion consumers. Pressures from regional setbacks can be absorbed by the greater national economy, as long as the government pursues its transition from a real estate-driven economy.
He Weiwen, Senior Fellow, Center for China and Globalization, CCG
Feb 01, 2016
China’s economy will continue to slide for some time in 2016, and the overall growth rate will be even lower than in 2015. However, the economy’s fundamental sectors portend a steady growth rate of 6.5-6.8%, depending on the progress of the reforms and restructuring, and on the developments of world economic situation. In any event, a major slump or “hard landing” seems out of the question.
Stephen Roach, Senior Fellow, Yale University
Jan 27, 2016
The fears about the economic meltdown in China are overblown. The mismatch between progress in economic rebalancing and setbacks in financial reforms must ultimately be resolved as China transitions to new growth model. But it does not spell imminent crisis.
Yi Xianrong, Researcher, Chinese Academy of Social Sciences
Jan 27, 2016
Stabilizing the RMB exchange rate not only requires comprehensively striking back the short-selling speculation but, more importantly, reversing the expectation of RMB depreciation and well managing the expectation. Substituting a new exchange rate index for the old exchange rate index has not impressed the international market. The RMB exchange rate should be anchored to the USD exchange rate to build confidence.
Qin Xiaoying, Research Scholar, China Foundation For Int'l and Strategic Studies
Nov 20, 2015
Except for the disruptive years of the “cultural revolution”, the five-year planning system has given the country a unified strategic outlook, especially in the recent years of opening up and development. The current CPC Central Committee is steering the Chinese government, in the coming five years, to emphasize people’s livelihood and well-being, and to effectively promote economic transformation and consolidation.
Keyu Jin, Professor, London School of Economics
Nov 12, 2015
When it comes to economic rebalancing, China will need to be patient, recognizing that the current generation is simply too fixated on saving to provide the kind of surge in consumption that is needed. There are steps policymakers can take to accelerate progress, but, until the next generation grows up, real progress will have to wait.
Anatole Kaletsky, Chief Economist and Co-Chairman, Gavekal Dragonomics
Oct 19, 2015
China certainly experienced a turbulent summer, owing to three factors: economic weakness, financial panic, and the policy response to these problems. But none on its own would have threatened the world economy. The assumption that China is now the global economy’s weakest link is highly suspect.
Oct 13, 2015
China's exports fell less than expected in September, with monthly figures showing recovery, but a sharper fall in imports left economists divided over whether the country's ailing trade sector is showing signs of turning around.
Mark Tinker, AXA Investment Managers
Sep 25, 2015
As Xi Jinping heads to the United States he might need to check that he takes his irony meter with him, for there seems little evidence that anyone in the Western media has one they might be willing to lend him.
Dan Steinbock, Founder, Difference Group
Sep 24, 2015
Thanks to misguided stories about President Xi’s reforms, America risks losing the opportunity to participate appropriately in China’s massive economic rebalancing and reform drive.