Zhang Monan Senior Fellow, China International Economic Exchanges Center
Dec 18 , 2015
As the labor supply declines and labor cost increases, China must strengthen the supply front to really create new supply and efficiency dividends through reform. Reform on the supply front requires the improvement of capital-formation efficiency for the next five years.
Zhang Jun Dean, School of Economics, Fudan University
Dec 17 , 2015
The International Monetary Fund’s recent decision to add the Chinese renminbi to the basket of currencies that determine the value of its reserve asset, the Special Drawing Right, has captured headlines around the world. But the SDR itself has not exactly dominated discussions – much less transactions – since its creation in 1969. So does the decision really matter?
Robert I. Rotberg Founding Director of Program on Intrastate Conflict, Harvard Kennedy School
Dec 02 , 2015
Since the 1990’s, Sam Pa subsequently amassed a huge fortune by helping shady African autocrats sell their petroleum and minerals to China. Sam Pa was most of all a source of “rents” for several dozen corrupt politicians and officials in the resource-rich areas of Africa. However, Sam Pa’s arrest last month has put an end to his corruption.
He Yafei Former Vice Minister, Ministry of Foreign Affairs
Nov 11 , 2015
Fluctuations in China’s currency and economy don’t have the wild effect on the global markets that many critics allege, and such accusations distract from a needed collective focus on maintaining stability.
Minxin Pei Professor, Claremont McKenna College
Nov 11 , 2015
Minxin Pei recognizes some brutal consequences of the one-child policy, and implores for outsiders and Chinese alike to emphasize the senseless cruelty that such measures imply and work to ensure that they are never seen again.
Fernando Menéndez Analyst
Nov 10 , 2015
Corruption, however, while a persistent illness with a debilitating and self-generating momentum, is not exclusive to China. If truth be told, China’s largesse abroad is also a major source of corruption and fraud, especially when it involves government-to-government transactions where transparency and accountability are absent.
Chen Bin Researcher, State Information Center
Nov 04 , 2015
The expansion of the Chinese economy and the resulting improvements in the lives of Chinese people have been impressive outcomes of the just-ending Five-Year Plan, despite the recent slowdown in the economy. The blueprint for (2016-2020) is taking shape to build on that progress.
Michal Meidan Director, China Matters
Oct 16 , 2015
China’s recently announced cap-and-trade system to limit emissions is a positive development, but not new. China’s emissions trading system (ETS) has seen some capping, and very little trading. Additional challenges lie ahead in the pricing of carbon and introduction of unified measurement, reporting, and verification systems.
Paolo Mauro Senior Fellow, Peterson Institute for International Economics
Sep 30 , 2015
High-profile arrests like those carried out in China in recent years are insufficient to curb corruption in a lasting manner. Reducing pervasive government intervention in the economy and encouraging greater competition would reduce the near-monopolistic rents that create the incentives for corruption in the first place.
Dan Steinbock Founder, Difference Group
Sep 24 , 2015
Thanks to misguided stories about President Xi’s reforms, America risks losing the opportunity to participate appropriately in China’s massive economic rebalancing and reform drive.