- Why Congress Should Pass the EB-5 Regional Center Extension Act and its Impact on Chinese Investment
Dan Redford, President, Quantify China Associates
Jul 04, 2014
It is extraordinarily important, according to Dan Redford, to permanently extend the EB-5 visa program. Redford argues that this program helps build a healthier U.S. economy, as well as strengthens the United States’ role as the world’s leading economic innovator.
Tom Watkins, President and CEO of the Economic Council of Palm Beach County, FL
Jun 20, 2014
While recent investments by Chinese firms looking to make inroads in the American automobile market, and particularly Detroit, could appear as an indication of China reaping the benefits of an economically depressed U.S. auto industry, there is also evidence that these developments are of mutual benefit to everyone involved.
Yi Xianrong, Researcher, Chinese Academy of Social Sciences
Jun 20, 2014
The decision of China’s central bank to pursue “directional drop quasi” means a reduction of the reserve requirement ratio, support will be given to the development of agriculture and small businesses, and there will be more regulation of China’s financial market. However, this quantitative policy instrument will be limited in its ability to enhance services for the real economy.
Fernando Menéndez, Economist and China-Latin America observer
Jun 16, 2014
Mexico has enormous economic potential and could play a significant role in labor-intensive production, but the cost of doing business there remains high. In breaking with the past, Mexico has opened up its economy. However, a large informal sector, low levels of commercial lending, and a lack of competition offset the benefits of Mexico’s low-cost labor.
Zhou Shixin, Research Fellow, Shanghai Institutes for Int'l Studies
Jun 12, 2014
Is the U.S. turning the World Trade Organization into an “empty house”? Zhou Shijian answers this question as he analyzes the current progress of the Trans-Pacific Partnership Agreement and U.S. trade with the Asia-Pacific.
Zhang Monan, Deputy Director of Institute of American and European Studies, CCIEE
Jun 11, 2014
In light of recent statistics regarding China’s economic growth, Zhang Monan discusses the “new normality” of Chinese economic growth. In addition to this, Monan discusses the weakening of the driving forces of net exports and its effect on economic growth in China. Moreover, Zhang Monan asserts that Chinese domestic investment is undergoing rebalancing due to a change in consumer demand.
Yi Xianrong, Researcher, Chinese Academy of Social Sciences
Jun 09, 2014
The RMB exchange rate should gradually reform with less government interference, writes Yi Xianrong.
Stephen Roach, Senior Fellow, Yale University
May 31, 2014
The temptations of extrapolation are hard to resist. The trend exerts a powerful influence on markets, policymakers, households, and businesses. But discerning observers understand the limits of linear thinking, because they know that lines bend, or sometimes even break. That is the case today in assessing two key factors shaping the global economy: the risks associated with America’s policy gambit and the state of the Chinese economy.
William Yu, Economist, UCLA Anderson School of Management
May 27, 2014
Following World Bank projections that China will become the largest global economy based on purchasing power parity, William Yu contends that better economic ranking indicators exist, like market exchange rate. Using this measurement, where U.S. GDP was calculated at $17 trillion compared to China’s $9.1 trillion, China’s economy is expected to surpass the U.S.’s sometime in the next two decades.
Niu Li, Director of Macro-economy Studies, State Information Center
May 22, 2014
Recent reports on China’s GDP are based on an overestimation of China’s purchasing power parity due to different calculation methods, writes Niu Li. While China’s aggregate economy is very large, it must continue to build up its service industry and increase domestic demand rather than solely focusing on the quantity of economic growth.