Xu Hongcai Deputy Director, Economic Policy Commission
Jan 17 , 2020
A resilient China has held up well against external stresses, and the economy continues to perform well. Rural and surburban areas have the greatest potential for economic growth.
Zhang Jun Dean, School of Economics, Fudan University
Jan 03 , 2020
China’s economic growth is expected to have slowed to just over 6% this year, and it is unlikely to accelerate anytime soon. In fact, economic commentators generally agree that China’s economic performance in 2019 – the worst in nearly 30 years – could be the best for at least a decade. What observers can’t seem to agree on is how worried China should be, or what policymakers can do to improve growth prospects.
Joel A. Gallo CEO, Columbia China League Business Advisory Co.
Dec 12 , 2019
Further opening and reform of China’s financial sector is good news for foreign firms and even better news for China itself. Financial innovation will encourage economic growth and benefit companies and the public sector alike.
Yuen Yuen Ang Associate Professor of Political Science, University of Michigan
Nov 20 , 2019
This year’s Nobel Memorial Prize in Economic Sciences was awarded to Abhijit Banerjee, Esther Duflo, and Michael Kremer for their experimental approach to poverty reduction. In the Nobel Committee’s view, the economists’ use of randomized controlled trials (RCTs), a method adapted from medical sciences, to test whether specific interventions work has “considerably improved our ability to fight global poverty.”
Stephen Roach Faculty Member, Yale University
Sep 27 , 2019
In the here and now of climate change, it is easy to lose sight of important signs of progress. China, the world’s biggest emitter of greenhouse gases, is a case in point. By changing its economic model, shifting its sources of fuel, developing new transportation systems, and embracing eco-friendly urbanization, China’s sustainability strategy is an example of global leadership that the rest of the world should consider very carefully. In the rush to demonize China over trade, the West has missed this point altogether.
Neil Bush Founder and Chairman, George H. W. Bush Foundation for U.S.-China Relations
Oct 08 , 2019
The growing anti-China sentiment in the United States is counterproductive to the trade relationship between the two countries. Americans must understand that this bilateral trade relationship is, in fact, beneficial to both nations.
Zhang Yun Associate Professor, National Niigata University in Japan
May 16 , 2019
The US-China trade war has distorted a clear-eyed view of how both par-ties arrived at the current confrontation. Rather than “hegemonic” policies being pursued by China, it is more accurate to say that both sides have delayed difficult structural reforms and are now paying the price.
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
Apr 26 , 2019
In February, China’s State Council unveiled guidelines for developing the “Greater Bay Area” (GBA), covering nine cities around the Pearl River Delta in Guangdong province, plus Hong Kong and Macau. While the rest of the world remains mired in a seemingly interminable debate over how to achieve inclusive and sustainable growth, China is working to deliver it.
Lucio Blanco Pitlo III Research Fellow, Asia-Pacific Pathways to Progress
Apr 12 , 2019
China’s increasing role in global economic, security and governance means that domestic reforms will have implications beyond its borders.
Sara Hsu CEO, China Rising Capital Forecast
Apr 04 , 2019
While shadow banking remains too risky to fully legitimize as a reliable form of finance for China’s economy, there is one aspect that, under strong supervision, may provide relief for financing needs that banks cannot fully satisfy.