Fernando Menéndez, Economist and China-Latin America observer
Jan 08, 2015
The steep drop in global oil prices has created ripple effects in the economies of Latin America, largely due to oil-for-loan schemes made with China. Fernando Menédez argues that even if China were to forgive their mounting debts, or more likely, when they default, these countries will still be in worse shape resulting from their failed economic policies.
Yu Yongding, Former President, China Society of World Economics
Jan 06, 2015
Over the past two decades, China’s growth paradigm characterized by investment and driven by exports has run out of steam. A major feature of China’s current economy is overcapacity, especially in the real estate sector. An increase in domestic consumption and infrastructure investment will help continue growth, but the biggest challenge facing China in 2015 is the high corporate debt ratio.
Zhang Monan, Deputy Director of Institute of American and European Studies, CCIEE
Jan 05, 2015
The infrastructure needs of Asia are vast, and as China’s development showed in the last 30 years, infrastructure is essential for job creation, improvement of living standards, and economic growth. As an alternative to private financial investment, which mostly flows into mature markets, the AIIB seeks to create trans-national partnerships to aid infrastructure development.
Stephen Harner, Former US State Department Official
Dec 31, 2014
Stephen Harner discusses Mr. Kiyoyuki Seguchi’s recent article, which criticizes the “mistaken pessimism” of China’s economy by foreigners. Harner stresses that there is little thoughtful analysis on China, much reporting relying on sensationalism, and conscious negative bias to appeal readers in the U.S. and Europe.
Tom Watkins, President and CEO of the Economic Council of Palm Beach County, FL
Dec 17, 2014
There is no guarantee the U.S. remains in the dominant position on the world stage. In fact according to The International Monetary Fund, as reported by The Daily Mail -- we no longer are, at least economically.
Yi Xianrong, Researcher, Chinese Academy of Social Sciences
Dec 12, 2014
China’s Central Bank is assessing changes in its international monetary policy in the following areas: RMB internationalization, becoming less dependent on U.S. Federal Reserve monetary adjustments, and containing the arbitrage of foreign speculative investment. With a major focus on the dispossession “outstanding funds for foreign investment,” the RMB is expected to experience moderate depreciation or fluctuation.
Walker Rowe, Publisher, Southern Pacific Review
Dec 09, 2014
Chinese companies and banks are building and funding many infrastructure projects across Latin America. Analysts have said some of these projects are being built for geopolitical reasons, but the main reason is to secure supplies of natural resources for the burgeoning Chinese economy.
Xiao Lian, Research Fellow, Chinese Academy of Social Sciences
Dec 01, 2014
The end of the U.S. Federal Reserve’s Quantitative Easing (QE) monetary policy will affect U.S. growth predictions over the next two years, and may weaken the U.S. dollar. However, as Xiao Lian contends, this might not have an obvious impact on China, yet could result in new development opportunities – as well as new risks.
Joel Backaler, Associate Vice President, Frontier Strategy Group
Nov 28, 2014
While many of China’s largest brands – Haier, Huawei and Xiaomi – have not yet become household names, Joel Backaler describes how China’s domestic market is changing and the companies that are focusing on developing their brand internationally.
Han Liqun, Researcher, China Institutes of Contemporary International Relations
Nov 26, 2014
The initiatives and enormous investments turned the APEC meeting in Beijing from a “talk shop” to one of action. Han Liqun stresses that all APEC member economies should be fully confident in building an open and liberal economic and trade environment in the Asia-Pacific.