Yu Xiang Research Fellow, CICIR
Dec 13 , 2017
Trump’s tax reform triumph brings its own set of risks to the recovering US economy.
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.
Minxin Pei Tom and Margot Pritzker ’72 Professor of Government , Claremont McKenna College
May 22 , 2013
China’s declining GDP has sent shockwaves through the financial sector as analysts begin to question China’s long-term economic strategy. As Minxin Pei points out, “zombie firms,” or companies primarily supported through bank loans and government subsidies, are complicating China’s sustained growth. By eliminating these firms and instituting reforms, China can bolster innovation and ensure the opening of its economic markets.
Apr 24 , 2013
Loan growth in China’s shadow-banking system has surged in recent months, but Andrew Sheng and Xiao Geng warn that without proper financial reforms this unregulated system could put the nation’s sustained growth at risk, threatening economic stability.