Associate Professor, Fudan University
Dec 08 , 2015
When achieving a stable global economy supercedes local and political interests, and a sustainable rebound in the global oil prices begins to emerge, this will soothe the chaos in the geopolitical sphere, the price wars among the oil-producing countries, the sluggish investment and consumption in the world economy, the capital market’s negative judgment about the future business growth and the “liquidity trap” in the monetary policy.
Apr 15 , 2015
To offset weaker export numbers and a reliance on foreign reserves, China needs a growth model that emphases quality goods and innovation-led growth. A twenty-first century economic model of innovation particularly requires the support of a highly efficient financial system, a sound legal system of intellectual property protection, fair tax incentives, and better entrepreneurial education.
Aug 24 , 2011
In the evening of August 5, 2011, the Standard & Poor’s downgraded the US credit rating from AAA to AA+, and set its outlook as negative. This seemed to be a b