Dean, School of Economics, Fudan University
Dec 17 , 2015
The International Monetary Fund’s recent decision to add the Chinese renminbi to the basket of currencies that determine the value of its reserve asset, the Special Drawing Right, has captured headlines around the world. But the SDR itself has not exactly dominated discussions – much less transactions – since its creation in 1969. So does the decision really matter?
Jan 27 , 2014
Over the last two decades, a consensus about China's growth model has emerged, with observers arguing that a shift to an intensive, efficiency-driven growth is essential. But empirical research reveals a critical flaw in this assessment – namely, that annual efficiency gains in China far exceed those of the US.
Nov 16 , 2013
Zhang Jun examines the factors affecting China’s potential rate of GDP growth.
Jul 02 , 2013
Everyone is talking about China’s economic slowdown, writes Zhang Jun. But, as Premier Li Keqiang seems to recognize, this trend could actually be beneficial, spurring the structural reforms that China needs.