Zhang Monan, Senior Fellow, China Center for International Economic Exchanges
Feb 04, 2015
China’s “new normal” economic development is necessary to achieve more valuable GDP growth at a more reasonable speed and sustainability. Key components of these reforms will be decreased growth, higher-level manufacturing, narrowing of rural and urban wealth, capital exports, a consumer middle-class, and new small businesses.
Minxin Pei, Tom and Margot Pritzker ’72 Professor of Government , Claremont McKenna College
Feb 02, 2015
China’s economic slowdown fueled by a real estate bubble, excessive debt, and manufacturing overcapacity could benefit from a change of structure. China’s service sector is now a greater percent of its economy than manufacturing and construction sectors, and with some additional government spending on social services, the economy could see long-term growth.
Michal Meidan, Director, China Matters
Jan 28, 2015
Falling oil prices present challenges for the competitiveness of China’s own oil and gas sectors, and while providing short-term benefits for production, poses additional deflationary risks. However, there are opportunities for Beijing to support oil companies in acquisitions, and further its own reserves.
Yi Xianrong, Researcher, Chinese Academy of Social Sciences
Jan 28, 2015
China’s central bank will maintain a neutral stance in 2015, in order to stabilize the stock market and provide support to the economy, writes Yi Xianrong.
Jin Bei, Professor and Editor-in-Chief, China Economist
Jan 12, 2015
“New normal” has become a buzzword in China since the second half of 2014. At the APEC CEO Summit on November 10, 2014, President Xi characterized China’s “new normal” as slower growth, economic restructuring and innovation-driven growth.
Yu Yongding, Former President, China Society of World Economics
Jan 06, 2015
Over the past two decades, China’s growth paradigm characterized by investment and driven by exports has run out of steam. A major feature of China’s current economy is overcapacity, especially in the real estate sector. An increase in domestic consumption and infrastructure investment will help continue growth, but the biggest challenge facing China in 2015 is the high corporate debt ratio.
Tang Min, Economist & Counsellor of China's State Council
Aug 15, 2012
Different opinions have been observed as the figure of GDP for the second quarter in China —7.6% had been released. Optimists see the glass is half full, belie