Senior Fellow, Chongyang Institute for Financial Studies
Aug 02 , 2019
Trump’s most recent memo to the WTO is the latest in a series of unilateral aggressions by the U.S. Given the relentless combativeness of the Trump Administration in global trade more broadly, the memo targeting WTO norms is unlikely to have any productive results.
Jul 30 , 2019
U.S. tariffs on Chinese goods did not hurt Chinese global exports, which have been going strong with the EU and ASEAN. Further tariffs will only hurt the U.S. presence in China and the American economy, which relies on China trade.
May 31 , 2019
Trump’s idiosyncratic “art of the deal” apparently means putting extreme pressure on your negotiating partner to force them to surrender — but the US approach is based on faulty Trumpian economic assumptions and a misread of China’s growth history, and will only backfire.
Mar 21 , 2019
Premier Li Keqiang’s Government Work Report provides a concrete sign of China’s renewed support for the private economy, especially small and micro businesses.
Feb 11 , 2019
The “America First” objective is based on a zero-sum mentality, rather than economic reality. While it seeks to advance American interests at the cost of other nations, this policy is ultimately the most detrimental to the US.
Jan 03 , 2019
Two historic events 40 years ago have turned China into a global economic power and benefited U.S. interests.
Aug 22 , 2018
The US trade allegations against China are unsubstantiated by facts.
Jul 20 , 2018
Just because trade is unbalanced, doesn’t mean it’s unfair.
Apr 26 , 2018
Trade talks, not trade war.
Mar 28 , 2018
American and European businesses and academics should work with China, and encourage and help China in further reform and opening up. FDI inflows into China hit an all-time high at $130.1 billion in 2017, ranking 2nd in the world only after those in the US, a fact that explains the fundamentals of China’s open door policy. FDI from the US was $3.13 billion, down 18.2% from the previous year; and that from the EU 28 was $8.79 billion, down 9.0%. However, 2016 saw exceptionally high growth. If the two years 2016 and 2017 are put together, FDI inflows from the US and EU still grew by 20.8% and 23.6% respectively. Reports from the EU Chamber of Commerce in China, AmCham, and USCBC all show that most of their members are making money in China and China remains one of the top three destinations for their investment.