He Weiwen, Senior Fellow, Chongyang Institute for Financial Studies
Apr 11, 2022
The Ukraine conflict will hit low-income developing countries with particular ferocity. These countries are not in Europe, nor are they involved in the war. Yet their people will suffer soaring energy costs, hunger, poverty and financial ruin.
Earl Carr, Founder and Chief Executive Officer at CJPA Global Advisors
Apr 10, 2022
Dual circulation is set to reorient China’s economy as Beijing rethinks how it will engage with the world.
Shang-Jin Wei, Professor, Finance and Economics at Columbia University
Apr 05, 2022
In early March, Premier Li Keqiang announced that China is targeting GDP growth of “about 5.5%” this year. That would be ambitious even without Russia’s war against Ukraine and the attendant increases in global energy and food prices. Back in January, for example, the International Monetary Fund forecast that the Chinese economy would grow by only 4.8% in 2022. And in 2019, the last full year before the COVID-19 pandemic, GDP increased by just under 6%.
Christopher A. McNally, Professor of Political Economy, Chaminade University
Apr 02, 2022
The financial sanctions that are being placed on Russia have put the focus onto the over reliance of global trade on the U.S. dollar, especially when it comes to precious oil. Now, Saudi Arabia is preparing for the first time ever to start pricing some oil exports in the yuan which could lead to massive ripple effects in the energy market.
Wu Zhenglong, Senior Research Fellow, China Foundation for Int'l Studies
Mar 28, 2022
Punishments of Russia cut both ways for the West and may even be self-defeating. The European and U.S. economies are suffering a backlash in rising energy prices, shrinking corporate profits and inflation-induced economic hardships.
He Wenping, Research Fellow, West Asia and Africa Studies Institute of the China Academy of Social Sciences
Mar 28, 2022
American policy in the Middle East has Saudi Arabia thinking about selling oil to China in Chinese yuan rather than U.S. dollars. The shift would weaken the dollar’s dominant position in the global oil market.
Xu Hongcai, Deputy Director, Economic Policy Commission
Mar 24, 2022
Growth of 5.5 percent growth is possible and consistent with the country’s economic expansion in recent years. One key path forward is the digital economy. Green development will help define China’s high-quality economic future.
Dan Steinbock, Founder, Difference Group
Mar 22, 2022
After trade wars and the pandemic depression, aggressive sanctions and rate hikes will further derail economic prospects in the U.S., China and worldwide.
Cameron Johnson, A Partner at Tidwalwave Solutions
Mar 15, 2022
Asia’s RCEP - a China-led trade agreement - could set up a stable future for the continent despite today’s conflicts. Here’s how RCEP is re-shaping Asia’s destiny.
Leonardo Dinic, Advisor to the CroAsia Institute
Mar 04, 2022
The EU’s Global Gateway project is an answer to China’s Belt and Road Initiative, and one that the EU hopes will provide a more liberal-led alternative to China’s investments. Whether or not a values-based approach to development will remain to be seen.