Yu Yongding, Former President, China Society of World Economics
Jun 21, 2021
Recent price increases in the world’s two largest economies have unnerved global markets, which have become accustomed to the low inflation – and even deflation – that has prevailed for decades. But, at least in China, a little inflation would not be a bad thing.
Nancy Qian, Professor, Northwestern University's Kellogg School of Management and Director of China Lab
May 17, 2021
Economic reporting about China focuses far too much on total GDP and not enough on per capita GDP, which is the more revealing indicator. And this skewed coverage has important implications, because the two indicators paint significantly different pictures of China’s current economic and political situation. They also focus our attention on different issues.
Greg Gilligan, Chairman of AmCham China
May 17, 2021
2020 was an unprecedented year for the American business community due to twin pressures from a deteriorating US-China bilateral relationship and the very real human and economic challenges created by the COVID-19 pandemic. China’s success at controlling COVID-19 domestically is commendable and has played a large part in ensuring our member companies were largely able to resume regular operations in China by the middle of Q2 of this year. By the year’s end China’s economy had reported GDP growth of 2.3 percent, the only major economy in the world to do so.
Mao Daqing, Founder of URWORK, Member of the Aging Society 30 Forum, and Vice Chairman of Pangoal Institution academic committee
May 17, 2021
It took China just 21 years to turn from an aging society to a deeply aging one, compared with 100 years for Europe. To get from deeply aging to ultra-aging, China will require only 11 years. The trend will have a profound impact on society.
Dan Steinbock, Founder, Difference Group
Apr 29, 2021
China’s record 1st quarter performance will accelerate momentum and support global economic prospects. But new trade wars could once again derail global recovery.
He Weiwen, Senior Fellow, Chongyang Institute for Financial Studies
Apr 29, 2021
The strengthening of the economy also means growing attractiveness for global investors. During the first quarter of 2021, FDI inflows to China accelerated tremendously, and there are good opportunities for U.S. investors, with no chance to lose.
Joel A. Gallo, CEO, Columbia China League Business Advisory Co.
Cameron Johnson, A Partner at Tidwalwave Solutions
Apr 08, 2021
China’s position in the global markets as a source of cheap labor has evolved into a dynamic new phase, that requires new solutions to bridge China’s past with its promising future.
Andrew Sheng, Distinguished Fellow at the Asia Global Institute at the University of Hong Kong
Xiao Geng, President of the Hong Kong Institution for International Finance
Mar 26, 2021
The OECD is projecting an uneven K-shaped economic recovery from the pandemic in 2021. Richer countries with more extensive vaccine rollouts that can afford to reopen and reflate their economies will do so. Poorer economies will struggle to stay healthy and avoid debt crises. But the mantra that “no one is safe until everyone is” highlights the need to spread health, wealth, and self-respect to all. An increasingly prosperous China can and should play a central role in this effort.
Chen Jimin, Guest Researcher, Center for Peace and Development Studies, China Association for International Friendly Contact
Mar 23, 2021
The primary takeaways involve China’s military spending, development pattern and approach to relations with the United States. Both countries know that only by dealing with domestic issues will they be able to maximize their international role.
Zhou Xiaoming, Former Deputy Permanent Representative of China’s Mission to the UN Office in Geneva
Mar 22, 2021
This year’s National People’s Congress was held at a historic juncture, with the country having largely achieved its goal of becoming a well-off society. GDP is rising to match the United States, and per capita income rose to more than $10,000. Absolute poverty in the country was eradicated. Here’s what it all means.