Christopher A. McNally

Commentaries by Christopher A. McNally

Professor of Political Economy, Chaminade University

Christopher A. McNally is a Professor of Political Economy at Chaminade University and Adjunct Senior Fellow at the East-West Center in Honolulu, USA. His research focuses on comparative capitalisms, especially the nature and logic of China’s capitalist transition and Sino-Capitalism. He is also working on a research project that studies the implications of China’s international reemergence on the global order.

A Tale of Three Capitalisms
Sep 09, 2020
Capitalism takes on different forms in different circumstances, with no exception to China. China’s capitalism, often termed state capitalism, is neither “deviant” nor “hostile,” but merely the latest in a string of state developmentalist projects that have engendered successful industrialization.
China Model
The Big Turn Inward
Aug 19, 2020
In the midst of a global economic slump, China is looking to expand its domestic markets. Not only might this keep China’s economy competitive, but it might also shed China’s “factory of the world” moniker, emerging as the most sophisticated global consumer market.
Global Economy China’s Economy China’s Rise Reform and Opening Up
Trade War 2.0 ?
May 27, 2020
The stability that was expected from the signing of the Phase One trade deal is now a distant reality in the wake of COVID-19. The U.S. and China are entangled in blame games and trade disputes, setting the stage for further, more devastating escalation.
Trade War Cold War China-U.S. Economic Relations
Three Obstacles to a Rapid Economic Recovery in the Aftermath of COVID-19
May 03, 2020
The economic impact of COVID-19 cannot be understated. The longer the pandemic lasts, the worse our chances for quick recovery.
COVID-19 Global Economy Financial Crisis
Economic Shocks Caused by COVID-19 Are Rippling Across the Globe
Apr 01, 2020
The COVID-19 pandemic could ignite economic calamity in the foreseeable future. It will require policymakers around the globe to engage in cooperation to halt a crisis before it is too late.
Financial Crisis Global Economy COVID-19
COVID-19 Recalibrates US-China Economic Relations
Mar 03, 2020
US-China economic and technology relations are in an unexpected flux since the outbreak of the coronavirus.
COVID-19 Global Governance Security Cooperation Globalization
US-China Phase One Deal: Forwards, Backwards, and Sideways
Feb 21, 2020
The trade deal has been signed, but recent factors, like the novel coronavirus, make it challenging for China to meet its trade requirements. Instead of moving forward, the US-China relationship has moved sideways.
Trade War COVID-19 China-U.S. Trade China-U.S. Economic Relations
Beware the Money War
Nov 28, 2019
If financial sanctions are the next battlefield for China and the United States, the pain may be worse than tariffs.
U.S.-China Rivalry Trade War
The “Art” of Many Small Deals
Sep 13, 2019
The “art” of many small deals could yield results in the US-China economic relationship, which is so complex that it defies a one-size-fits-all solution.
Trade War China-U.S. Economic Relations
A Persistent Misunderstanding of China’s Political Economy
Aug 26, 2019
China’s recent economic prosperity is tied to the emergence of a unique political economy, “Sino-capitalism.” This system remains deeply misunderstood in the West, yet forms an integral and highly important component of the global economy that cannot be “contained.”
China’s Economy China Model

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