James H. Nolt Adjunct Professor at New York University
Sep 30 , 2019
Prospects of a trade deal in the latest round of negotiations are no nearer, because the fundamental conceptions of the two sides are so far apart.
Helmut K. Anheier President and Professor, Sociology at the Hertie School of Governance
Oct 03 , 2018
The regulations put in place after the financial crisis will not protect us against future crises.
Mar 07 , 2018
China is fully confident of its ability to fend off systemic debt risks, while it continues to strengthen control over local government debt, Finance Minister Xiao Jie said on Wednesday.
Sep 20 , 2017
All Bitcoin exchanges in Beijing and Shanghai have been ordered to submit plans for winding down their operations by 20 September.The move follows the Chinese c
Zhang Monan Senior Fellow, China International Economic Exchanges Center
Feb 04 , 2016
Systemic risks like a new round of global currency devaluation and capital outflow could threaten economic stability and growth. In the past two years, the spree of short-term speculative capital and the RMB arbitrage rose and accumulated a lot of risks. A new global monetary management mechanism and a more stable global exchange rate structure are urgently needed.
Yi Xianrong Researcher, Chinese Academy of Social Sciences
Jan 27 , 2016
Stabilizing the RMB exchange rate not only requires comprehensively striking back the short-selling speculation but, more importantly, reversing the expectation of RMB depreciation and well managing the expectation. Substituting a new exchange rate index for the old exchange rate index has not impressed the international market. The RMB exchange rate should be anchored to the USD exchange rate to build confidence.
Jeffrey Frankel Professor, Harvard University's Kennedy School of Government
Sep 10 , 2015
The lens of government intervention in China has led foreign observers to misinterpret some of the most important developments this year in the foreign exchange market and the stock market.
Guonan Ma Visiting Research Fellow at Bruegel
Apr 15 , 2015
The Chinese economy is simply too big to remain tied to the once useful monetary anchor of the renminbi–U.S. dollar peg. It is time to let it go. In the short term, it would help deliver a warranted Chinese monetary easing by helping to stabilise the effective exchange rate and to facilitate an orderly unwinding of the Chinese corporate carry trade.
Liu Mingkang Ex-chairman, China Banking Regulatory Commission
Sep 12 , 2013
With the Fed publicly considering an end to its massive, open-ended purchases of long-term securities and foreign capital fleeing home from emerging markets, many fear that Asia’s economies could come crashing down, as they did in the late 1990’s, writes Liu Mingkang.
Shen Dingli Associate Dean, Fudan Unversity
Jan 09 , 2013
While the Chinese refer to America’s fiscal cliff as caizheng xuanya, reactions in Chinese media to the United States Congress’ recent fiscal cliff compromise have varied from disappointment to downright harsh criticisms of the U.S. political system.