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Economy
  • He Yafei, Former Vice Minister of Foreign Affairs

    Jun 23, 2017

    China’s efforts to propose a series of new ideas and concepts to improve global governance and stimulate globalization are showing the world a positive way forward as Western powers step away from their post-war leadership roles in shaping those arenas.

  • Susan Ariel Aaronson, Research Professor of International Affairs, Elliott School of International Affairs, GWU

    Jun 22, 2017

    While the U.S. remains the largest recipient of foreign investment, investors today have many options regarding where to invest, and other countries look increasingly more stable and better managed in comparison to President Trump’s deteriorating “rule of law.” Thus, Chinese investors who have long seen the U.S. as a stable growth market may well reconsider.

  • Doug Bandow, Senior Fellow, Cato Institute

    Jun 15, 2017

    China has an increasing opportunity to share global leadership. Unless the U.S. recognizes U.S.-China relations as a positive-sum game, China may eventually surpass the U.S. economically through global leadership and innovation.

  • Christopher A. McNally, Professor of Political Economy, Chaminade University

    Jun 09, 2017

    Outcomes fromU.S.-China trade talks that were recently announced ignored the major structural issues facing U.S.-China economic relations. While a trade deal was produced, the major point of contention between the two countries, that they practice deeply divergent forms of capitalism, was ignored. In order to truly make progress on trade between the U.S. and China mutual understanding of the different dynamics driving the two forms of capitalism is needed.

  • Zhang Jun, Dean, School of Economics, Fudan University

    Jun 08, 2017

    Weak demand is dragging down China’s economic growth. While necessary to mitigate financial risk, will not resolve China’s monetary conundrum, much less protect China’s economy from the consequences of a financial crisis in the long run.

  • Tom Watkins, President and CEO of the Economic Council of Palm Beach County, FL

    Jun 07, 2017

    China has pledged to connect Central Asia with Southeast Asia – reminiscent of the Silk Road – also connecting the Middle East and Africa with a massive infrastructure project set to surpass America’s Marshall Plan that rebuilt Europe after World War ll. Our leaders at the national, state and local level need to find ways to assure China's continued rise does not come at our demise.

  • Andrew Sheng, Distinguished Fellow at the Asia Global Institute at the University of Hong Kong

    Xiao Geng, President of the Hong Kong Institution for International Finance

    Jun 06, 2017

    July 1, 2017, will mark the 20th anniversary of Hong Kong’s return to China, after more than a century of British colonial rule. It comes at a moment when China’s leaders are increasingly promoting Hong Kong’s unique role in advancing the country’s economic development.

  • Beth Smits, PhD candidate, Paul H. Nitze School of Advanced International Studies (SAIS), Johns Hopkins University

    Jun 06, 2017

    When the United Kingdom, France, Germany and other U.S. allies decided to join the Asian Infrastructure Investment Bank (AIIB) in 2015 amidst clear opposition from Washington, some questioned whether it meant the transatlantic relationship was weakening in the face of a rising China. In terms of risk, rebalancing, and reward, however, the AIIB was not a situation that pitted Europe’s relationship with the U.S. against its relationship with China. Such a case may offer insight when considering the Paris Agreement and Europe’s actions if faced with choices between Washington and Beijing.

  • Susan Ariel Aaronson, Research Professor of International Affairs, Elliott School of International Affairs, GWU

    Jun 06, 2017

    Founding Father, Benjamin Franklin once said “No nation was ever ruined by trade.” President Donald J. Trump seems determined to prove Franklin wrong. On April 29, 2017, Trump directed the Commerce Department and the Office of the U.S. Trade Representative to review all of America’s recent trade agreements. He wants trade officials to determine if America is being treated “fairly” by it trade partners.

  • Sourabh Gupta, Senior Fellow, Institute for China-America Studies

    Jun 05, 2017

    Much as the relocation of East Asia’s labor-intensive industry to lower-wage China stirred a virtuous economic cycle that went much beyond mere capital accumulation, so also China-Africa production capacity cooperation and transfer can create a sum bigger than its parts. Far from being a new form of colonialism, as the critics have panned it, the transfer of industrial capacity and world-class infrastructure will reduce transaction costs in Africa. But success abroad must first begin at home.

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