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Economy
  • Su Qingyi, Deputy Director of International Trade Division, Institute of World Economics and Politics, Chinese Academy of Social Sciences

    Dec 29, 2021

    In applying for membership, China has made a clear choice to adhere to high standards. Its market is huge, so others should evaluate carefully. If any member state, or the United States, blocks the way forward, an important opportunity for Asia-Pacific prosperity will be lost.

  • Zhang Monan, Senior Fellow, China Center for International Economic Exchanges

    Dec 29, 2021

    Twenty years after China joined the international trade organization, the world can plainly see its positive influence. In two decades it has not only met or exceeded all its commitments but has also become a major economic contributor. Nowadays, it is no longer just following rules but is actively engaged in shaping them.

  • Yu Xiang, Senior Research Fellow, International Institute of China Construction Bank

    Dec 24, 2021

    Some things were expected; others were not. Smooth and orderly growth next year will depend on the Biden administration’s coordination of fiscal and monetary policies. The administration will have limited room to maneuver next year. The U.S. economy will grow at a modest rate, but volatility will remain.

  • He Weiwen, Senior Fellow, Chongyang Institute for Financial Studies

    Dec 24, 2021

    Despite a meeting of presidents and intensive talks at lower levels, the United States has not fundamentally altered its position. This needs to change. Next year should be characterized by reasonable, constructive efforts — followed by action — to ease the current tensions.

  • Leonardo Dinic, Advisor to the CroAsia Institute

    Dec 24, 2021

    Semiconductor chips have come into the public consciousness due to an ongoing shortage of the essential tech. Yet the U.S. government has yet to expand domestic chip production, instead reinforcing punitive measures on China’s market-dominant chip industry.

  • Zhou Xiaoming, Former Deputy Permanent Representative of China’s Mission to the UN Office in Geneva

    Dec 24, 2021

    Biden’s approach is clearly intended to protect the narrow interests of the United States, not to help other member states or to strengthen the organization overall. His announcement that “America is back” doesn’t mean the U.S. will return to its previous multilateral posture.

  • Han Liqun, Researcher, China Institutes of Contemporary Int'l Relations

    Dec 22, 2021

    Unless the United States comes up with a way to promote regional interaction, it will become increasingly difficult to return to a constructive track. It risks becoming a bystander, a follower or even a saboteur of economic cooperation.

  • Shang-Jin Wei, Professor, Finance and Economics at Columbia University

    Dec 14, 2021

    The 20th anniversary of China’s accession to the World Trade Organization on December 11 has once again highlighted long-standing debates about how well China has lived up to its WTO obligations, and whether any deviation from its commitments boosts or slows its economic growth. This discussion affects many countries’ views on whether the current global trading system should be built up or pulled down.

  • Lawrence Lau, Ralph and Claire Landau Professor of Economics, CUHK

    Dec 02, 2021

    Containment or isolation of the Chinese economy makes little sense because it means all countries will lose out from the reversing of globalization.

  • Christopher A. McNally, Professor of Political Economy, Chaminade University

    Nov 30, 2021

    The global pandemic’s impact on the economy was an issue that governments worldwide had to deal with, amid changing ways that people manage their money. Digital currency may be the next avenue for market stimulation in China, and beyond.

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