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Economy
  • Dan Steinbock, Founder, Difference Group

    Aug 05, 2023

    The pressure toward diversifying world currency reserves has been building for a long time. It intensified after the 2008 financial crisis but has escalated even more since 2022. Diversification of currency reserves is expected to be a major topic at the upcoming BRICS Summit, which will likely further intensify this trend.

  • Dan Steinbock, Founder, Difference Group

    Aug 05, 2023

    The pressure toward the diversification of world currency reserves is longstanding. It intensified after 2008, but has escalated since 2022. It is a prime topic in the next BRICS Summit that’s likely to further intensify the trend.

  • Stephen Roach, Senior Fellow, Yale University

    Jul 27, 2023

    American politicians have a long history of mangling economic-policy debates. Some recognize reality, like when George H.W. Bush characterized so-called supply-side tax cuts as “voodoo economics.” But far too many to distort economic statistics and analysis to score political points – think of “Modern Monetary Theory” or “deficit scolds.”

  • Andrew Sheng, Distinguished Fellow at the Asia Global Institute at the University of Hong Kong

    Xiao Geng, Director of Institute of Policy and Practice at Shenzhen Finance Institute, Chinese University of Hong Kong

    Jul 27, 2023

    Will the United States be number three in the new world order? In his forthcoming book, former journalist Hugh Peyman argues that it will: China’s economy has already surpassed that of the US by some measures, and India’s will do the same by mid-century. He also argues that “the Rest” more broadly will pose a growing challenge to the West, which in turn continues to underestimate the challengers.

  • Zhong Yin, Research Professor, Research Institute of Global Chinese and Area Studies, Beijing Language and Culture University

    Jul 27, 2023

    Despite setbacks, the Chinese government is confident that the long-term positive trajectory of the country’s economy will continue uninterrupted. The effects of macroeconomic policy will continue to emerge, market demand will gradually recover and the supply structure will adjust.

  • Vasilis Trigkas, Visiting Assistant Professor, Schwarzman College, Tsinghua University

    Jul 26, 2023

    Excessive Sino-American rivalry could be averted if strategists from the U.S. and China make rational assessments about the other side’s capabilities and limits - and can restrain themselves from pouncing on misperceived weaknesses.

  • Zhao Minghao, Professor, Institute of International Studies, Fudan University, and China Forum Expert.

    Jul 13, 2023

    If the recent shift from decoupling to de-risking amounts to a game of semantics, it will damage what little strategic mutual trust remains between China and the United States. It will only heighten concerns and raise costs for the business community.

  • He Weiwen, Senior Fellow, Center for China and Globalization, CCG

    Jul 06, 2023

    Tianjin’s AMNC 23 conference provides positive news. It sent out strong signals that a revival of global growth is on the way and provided reassurance that the world is not moving into a lost decade.

  • Yu Yongding, Former President, China Society of World Economics

    Jul 05, 2023

    Before Deng Xiaoping launched China’s reform and opening up, the People’s Republic was working to establish a self-sufficient economy. But after dec

  • James Hinote, Geopolitical Strategist

    Jul 04, 2023

    Growing extreme partisanship in the U.S. has deadlocked the debt ceiling raising at a time when the U.S. Dollar is facing its greatest challenge as a global reserve currency. China has sought to increase cross-border transactions in the Chinese yuan and has signed more deals to achieve this with several countries. However, the yuan lacks global adoption of its currency and in alternative systems outside of countries that do significant direct business with China.

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