Jul 17, 2013
China's GDP growth in recent decades has been impressive, but also, as former Premier Wen Jiabao put it, "unstable, unbalanced, uncoordinated, and unsustainable." With growth slowing, China must now adopt a more sustainable model that focuses less on GDP and more on fostering innovation and competition.
Zhang Monan, Deputy Director of Institute of American and European Studies, CCIEE
Jul 13, 2013
In the coming years, China’s government will have to confront significant challenges to achieve stable, inclusive, and sustainable economic growth. But, with mounting fiscal and financial risks threatening to derail its efforts, policymakers must act quickly to design and implement prudent, forward-looking policies.
He Weiwen, Senior Fellow, Center for China and Globalization, CCG
Jul 09, 2013
As financial markets adjust to the end of quantitative easing and the “Bernanke shock,” He Weiwen explains that China must also reform and end its dependence on liquidity supplies. As major economies make revisions, economic adjustments must be made with global markets in mind.
Minxin Pei, Tom and Margot Pritzker ’72 Professor of Government , Claremont McKenna College
Jul 09, 2013
The fifth meeting of the U.S.-China Strategic and Economic Dialogue (S&ED) is approaching quickly. While the first four S&ED meetings were relatively unproductive, there is hope that this meeting may be different, as the economic situation along with other aspects of the strategic bilateral relationship between the two nations have changed in recent months.
Ding Yifan, China Forum Expert and Deputy Director of China Development Research Center
Jul 03, 2013
As time progresses, regional trade agreements have grown in number. Although these agreements are effective and beneficial to those nations involved, they cannot and should not replace the global "free-trade" framework.
Zhang Jun, Dean, School of Economics, Fudan University
Jul 02, 2013
Everyone is talking about China’s economic slowdown, writes Zhang Jun. But, as Premier Li Keqiang seems to recognize, this trend could actually be beneficial, spurring the structural reforms that China needs.
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, Senior Fellow, 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, President and CEO of the Economic Council of Palm Beach County, FL
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.