Yi Xianrong Researcher, Chinese Academy of Social Sciences
Jun 29 , 2013
Although China’s economic growth continues to slow, with economic data coming well below market expectations, Yi Xianrong explains that the People’s Bank of China will not rush to endorse quantitative easing.
Stephen Roach Faculty Member, Yale University
Jun 28 , 2013
The Federal Reserve and the People’s Bank of China are on the same path to policy normalization, but for very different reasons, writes Stephen Roach.
Michael Justin Lee Lecturer, University of Maryland
Jun 21 , 2013
Income disparity in China is among one of the many issues that could have been addressed at Sunnylands. However, as Michael Justin Lee points out, symbolism overshadowed substance at the first meeting of Presidents Xi and Obama.
Tom Watkins Advisor, Michigan-China Innovation Center
Jun 14 , 2013
China’s middle class is expected to grow to over 600 million people by 2022. Given the already well-established market for US automobiles in China, the growth of the Middle Kingdom’s middle class will only benefit the US auto industry.
Qian Liwei Researcher, China Institutes of Contemporary Int'l Relations
Jun 13 , 2013
From June 8-9, the China-U.S. summit in Sunnylands, California attracted world attention because President Xi and President Obama decided to exchange in-depth views on global, regional and bilateral issues such as climate change, cyber-security, Sino-U.S. military ties, etc. The two leaders also touched the bilateral economic and trade ties, which have long been considered an anchor of a stable and strong Sino-U.S. relationship.
Yu Yongding Former President, China Society of World Economics
Jun 10 , 2013
China’s adjustment of its investment-income deficit for 2011 exposes flaws in economic growth, but hasn’t raised as much concern as it should. Two statistics account for China’s negative net investment-income, high return on foreign investment and China’s foreign assets are mostly US dollars. Without fundamental change, it is hard to imagine a sable Chinese economy in the long-term future.
Zhang Monan Senior Fellow, China Center for International Economic Exchanges
Jun 10 , 2013
Though facing a largely uncertain prospect for its economic recovery after the 2008 financial tsunami, the US has for five years worked strenuously to promote economic restructuring, lay out plans for developing new industries globally and shore up its potential competitiveness for future growth.
Jun 05 , 2013
Too often, debate about the relationship between the state and the market casts them as opposing forces locked in a zero-sum struggle. But this simplistic approach quickly renders constructive discussion a casualty of the ideological battle between advocates of state and market capitalism.
He Weiwen Senior Fellow, Chongyang Institute for Financial Studies
Jun 04 , 2013
Commenting on the recent US-China 2022 report, He Weiwen outlines how bilateral trade between China and the US is expected to grow over the next ten years and how this will be beneficial for both countries.
Pingfan Hong Chief, UN Global Economic Monitoring Unit
Jun 01 , 2013
China’s successful transformation from a middle-income country to a modern, high-income country will depend largely on the reforms that the government undertakes over the next decade. But, because the most pressing reform – interest-rate liberalization – carries both risks and rewards, officials should be prudent in their approach.