Francis Lui, Director, Center for Economic Development, HKUST
Sep 15, 2015
The IMF holds a cautiously optimistic view about the prospects of the Chinese economy, recognizing that the important reason for a slowdown in China’s economy is the change in its development strategy. The services industry is rising, R&D is expanding slowly, and the financial system is modernizing. These changes take time and patience: If China chooses to slow down a little bit, it will be easier for the country to succeed and achieve the long-term goals it has anticipated.
Sep 11, 2015
The Wall Street Journal writes, "China is committed to reform despite slower growth, has the tools to avoid a major economic setback and won't resort to a currency war to benefit its exporters, the nation's premier said in a speech to global business leaders on Thursday.
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.
Sep 10, 2015
The economy is stabilizing despite a slower growth pace, Li said at Summer Davos held in northeast China's port city Dalian. "On the one hand it is turning for the better while stabilizing; on the other hand difficulties remain," Li said.
- China’s Disruptors: How Alibaba, Xiaomi, Tencent, and Other Companies are Changing the Rules of Busi
Edward Tse, Booz & Company's Senior Partner, Chairman for Greater China
Sep 08, 2015
Many of today's most successful Chinese entrepreneurs such as Alibaba, Xiaomi, and Tencent know that they are riding and contributing to a historic wave of economic activity. These Chinese entrepreneurs have thrived, in part, because they created companies able to change as China changed.
Sep 02, 2015
Sir, Praise to George Magnus for setting out so plainly a few of the hurdles facing China’s leadership, especially the recentralisation of power and its intrusion into economic policymaking
Fernando Menéndez, Analyst
Aug 31, 2015
The downturn of global financial and foreign exchange markets, is causing concerns in the Americas. A Chinese trade and investment focus on the “Pacific Pumas” would be a prudent strategy and help reduce tensions and suspicions between the U.S. and China in the region.
Fred Hu, Chairman, Beijing-based Primavera Capital Group
Aug 28, 2015
Moderating growth rates in the range of 5-7% per annum reflect the higher per capita income level and the changing growth paradigm in China. A modest slowdown is a necessary and healthy adjustment for China to transition to a new trajectory of more efficient and sustainable growth. But instead of greeting such a positive "new normal" with enthusiasm, the naysayers have reacted with dismay as though they would rather prefer the old growth model.
He Weiwen, Senior Fellow, Chongyang Institute for Financial Studies
Aug 28, 2015
The shifting exchange rate reflects the strength of the dollar, not weakness of the RMB. The two nations and business communities should focus on identifying the complementary sectors and products of the two countries and seeking a sustainable pattern of stable growth based on mutual benefit.
Zhang Monan, Senior Fellow, China Center for International Economic Exchanges
Aug 28, 2015
A long-term stable RMB exchange rate with a two-way volatility is conducive to maintaining the financial asset price, to preventing a large-scale capital outflow, to controlling foreign-debt risk, to reducing the cost and burden of debt financing and to stabilizing economic growth anticipation.