Jonathan Woetzel, McKinsey Senior Partner
Oct 27, 2015
A recent McKinsey Global Institute report titled "The China Effect on Global Innovation" finds that China has the potential to evolve from an innovation sponge - absorbing and adapting global technologies and knowledge - to an innovation leader. As a matter of fact, China is far better at innovation than is generally known and, in some kinds of innovation, is already emerging as a global leader.
He Yafei, Former Vice Minister of Foreign Affairs
Oct 23, 2015
Because existing trade terms mean 80% of TPP members’ exports to the U.S. are already duty-free while even a bigger percentage of China’s manufactured goods enjoy that status, the agreement’s bottom-line impact on trade is negligible for now. The deal is more about who gets to write the long-term rules of global governance, which for China is both a challenge and an opportunity to reshape its economy in the direction it was going anyway.
Vasilis Trigkas, Visiting Assistant Professor, Schwarzman College, Tsinghua University
Oct 22, 2015
Based on what we know from leaks, Transatlantic and Pacific trade deals disproportionally empower corporations. Instead of trade regionalism driven by corporatism and overrated security imperatives, the EU, the USA and China, should join forces and with a trilateral trade commission shape a vast economic space from the Atlantic to the Pacific Ocean.
Zhang Monan, Deputy Director of Institute of American and European Studies, CCIEE
Oct 22, 2015
Open to insiders and restrictive to outsiders, as they lower trade barriers among member economies, regional FTAs tend to build higher trade barriers against non-member economies. Often tools for working around loopholes in the WTO, such regional agreements buck the trend toward globalization.
Anatole Kaletsky, Chief Economist and Co-Chairman, Gavekal Dragonomics
Oct 19, 2015
China certainly experienced a turbulent summer, owing to three factors: economic weakness, financial panic, and the policy response to these problems. But none on its own would have threatened the world economy. The assumption that China is now the global economy’s weakest link is highly suspect.
Wu Sike, Member on Foreign Affairs Committee, CPPCC
Oct 14, 2015
For China and the United States, a new type of economic and trade relationship with each other is in the best interest of the two major powers, and they should work towards this end. That will require Washington to view the new TTP through the lens of its best economic interests, and join China in creating the world’s largest free-trade zone by around 2030.
Hugh Stephens, Distinguished Fellow, Asia Pacific Foundation of Canada
Oct 08, 2015
Despite President Xi Jinping’s efforts to assuage the concerns of U.S. business executives while in Seattle, Hugh Stephens argues that these statements don’t reflect reality—that China imposes a much wider range of restrictions on U.S. investors than is the case for Chinese investment in the US.
Oct 08, 2015
Supporters of the Trans-Pacific Partnership say the trade deal would help counter China’s influence over the Pacific, but that argument is flawed. China’s dominance is inevitable.
Han Liqun, Researcher, China Institutes of Contemporary International Relations
Sep 30, 2015
Whether or not the struggling talks produce an agreement soon, the US and China do not need to be defensive about the TPP. Instead, they should open an obstruction-free channel for dialogue, through which both countries can use anticipatory diplomacy to enhance mutual trust.
Mark Tinker, AXA Investment Managers
Sep 25, 2015
As Xi Jinping heads to the United States he might need to check that he takes his irony meter with him, for there seems little evidence that anyone in the Western media has one they might be willing to lend him.