Zhang Jun, Dean, School of Economics, Fudan University
Sep 30, 2024
In the wake of China’s exit from its zero-COVID strategy, the government has recognized the need to address the economic risks arising not only from suppl
Yu Xiang, Senior Fellow, China Construction Bank Research Institute
Sep 30, 2024
The rare 50-basis-point interest rate cut is the American central bank’s response to a slowing economy. It will inevitably have far-reaching effects. For China, it is likely to influence capital flows and cause fluctuations in China’s financial markets. It will also put upward pressure on the yuan, which could hurt the country’s exporters.
Sep 27, 2024
In this interview with CUSEF President James Chau, Professor Lawrence Lau discusses his book "Is the Chinese Economy a Miracle or a Bubble?" and explains China'
Christopher A. McNally, Professor of Political Economy, Chaminade University
Aug 16, 2024
The Chinese Communist Party’s Third Plenum was largely about continuity, endorsing China’s current policy thrust rather than marking a decisive shift.
Huang Yiping, PKU Boya Distinguished Professor and Former Member of the Monetary Policy Committee, People’s Bank of China
Aug 09, 2024
Decentralization of decision-making from the central government to local authorities is widely regarded as one of China’s most effective policy reforms of the past four decades. As the Communist Party’s priorities shifted from class struggle to economic development, decentralization turned out to be a tremendous catalyst for growth.
Yu Yongding, Former President, China Society of World Economics
Aug 05, 2024
In recent months, Chinese overcapacity has been a major topic of discussion – and a source of controversy – among economists and policymakers around the world. While these concerns are not entirely off base, they are excessive and resolvable.
David T. C. Lie, Chairman, China New Era Foundation, Hong Kong
Jul 26, 2024
By accurately navigating global currents, stakeholders can consider both the expectations set before the plenum and the realities that follow, providing clearer insight into China’s strategic direction and its global implications.
Stephen Roach, Senior Fellow, Yale University
Jul 19, 2024
In the so-called Third Plenum to be held on July 15-18, China’s senior leadership will have an opportunity to establish the broad outlines of a policy framework that could reshape the country’s course for the next several years. Don’t count on it. There is good reason to think that China watchers in the West have unrealistic expectations of what is to come.
Huang Yiping, PKU Boya Distinguished Professor and Former Member of the Monetary Policy Committee, People’s Bank of China
Jun 14, 2024
In this interview, Professor Huang Yiping discusses with James Chau, president of the China-United States Exchange Foundation, the trajectory of China’s economy and the factors that influence it. He also discusses the end of China’s so-called economic miracle and explains why the country is now working to transition to a more normal economic growth model. Will China’s local government debt lead to a systemic financial crisis? Huang elaborates on “three perils.”
Yi Fuxian, Senior Scientist at University of Wisconsin-Madison
May 27, 2024
In March, Chinese Premier Li Qiang announced an ambitious economic growth target of 5% for 2024. In a subsequent commentary, former World Bank chief economist Justin Yifu Lin endorsed the government’s target, predicting that China’s economy will grow at an average annual rate of 5-6% over the coming decade before slowing to 3-4% between 2036 and 2050.