Deputy Director of Institute of American and European Studies, CCIEE
Oct 11, 2022
America may not be able to block China’s core momentum in the manufacture of high-end semiconductors, even with its suppressive CHIPS Act. Rather, the global semiconductor industry will inevitably divide into two parallel, competing systems.
Aug 08, 2022
Some central banks have followed the U.S. Federal Reserve, but Japan, for example, is marching to the beat of its own drum. The Biden administration and the Fed, meanwhile, claim the surge in U.S. inflation is “temporary.” This reflects a severe misjudgment.
Jul 07, 2022
The American economy will inevitably experience a Volcker-style contraction — think early 1980s — and it will have a global impact. Today’s inflation is stubborn and structural, and it will be virtually impossible to bring it down to 2 percent without tipping the economy into recession.
May 17, 2022
The United States has recklessly dismissed China’s efforts, even though many factors beyond China’s control have influenced its ability to fulfill its side of the deal. The agreement should be implemented jointly and thoughtfully, not by finger-pointing.
Apr 26, 2022
The Biden administration’s long-awaited strategic framework for trade with China may not be more effective than Trump’s. But it’s imperative to avoid harm and to push for new engagement consensus.
Feb 16, 2022
Washington intends to shed its reliance on multilateral mechanisms and form a new economic framework based on bilateral consultations. The IPEF is more of a contract aimed at solving particular issues than an agreement to ratchet up economic integration. And, of course, it aims to dent China’s influence.
Jan 24, 2022
In a host of ways, the ,mega FTA, which spans two continents provides an antidote to rising global protectionism, unilateralism and the mindset of “my own interests first.”
Dec 29, 2021
Twenty years after China joined the international trade organization, the world can plainly see its positive influence. In two decades it has not only met or exceeded all its commitments but has also become a major economic contributor. Nowadays, it is no longer just following rules but is actively engaged in shaping them.
Oct 18, 2021
A series of policies in the U.S. has made life much more difficult for China concepts stock companies. CCS listings in the U.S. are emerging as the next big risk, and the adoption of the variable interest entity structure, or VIE, is storing up trouble.
Oct 02, 2021
In a field where competition for science and technology, rule-making and dominance are natural, China and the United States have both conflicting a complementary interest. There is a lot of room for cooperation.