Senior Fellow, Chongyang Institute for Financial Studies
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.
Mar 08 , 2018
Trump is shooting himself in the foot.
Nov 24 , 2017
The trade deals signed during Trump’s recent visit to China represent a step in the right direction, but they won’t alter trade dynamics between the two countries.
Aug 18 , 2017
President Donald Trump’s decision to solve intellectual property disputes with China with unilateral action is a mistake. Instead, the US should go through the existing WTO framework.
Jul 27 , 2017
The trade imbalance issue is not central to the mission of the CED. It should be left to the market, to the sector cooperation and to restructuring in the global supply chain.
May 18 , 2017
The initial deals represent more intangible benefits than tangible ones, but high-tech, energy, steel and infrastructure financing all offer bankable opportunities for both countries beyond the 100-day action plan.
Mar 06 , 2017
Since the 2008 global financial crisis, no linkages have been found between the changes in US trade deficits and exchange rates. Chinese exports have grown when global market conditions improve, even in years when the RMB was strong against the dollar.
Jan 10 , 2017
While addressing the existing problems in the manufacturing sector at home, the in-coming Trump Administration needs to enhance collaboration with China, for more Chinese investment in America in general, and in the manufacturing sector and massive infrastructure development in particular.
Dec 13 , 2016
In today’s world trade, the production process — from product design, raw material procurement, financing, manufacturing, final assembly, marketing and logistics — normally stretches across many countries. Many products in international trade are known as “global products”. Globalization has produced huge cost-savings on industrial and consumer goods at every level, and any effort to restrict American businesses to sourcing and production in the US will shrink the domestic economy instead of expanding it.