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China’s Reform
  • Tom Watkins, Advisor, Michigan-China Innovation Center

    Oct 05, 2016

    While Chinese challenges abound, no one should denigrate the remarkable progress the country has made in recent history. Failure will not be an option for China. The world needs China’s leaders to work at rebalancing their own economy. This will require building better social safety nets and managing the Chinese people’s expectations, hopes and “Chinese Dreams.”

  • Doug Bandow, Senior Fellow, Cato Institute

    Sep 14, 2016

    The People’s growing financial and political impact around the globe means that what happens in China matters everywhere. Thus, stability and predictability are important virtues. Yes, as Doug Bandow argues, political opacity is necessary as the interests of the Chinese coincide with those of outsiders.

  • Tom Watkins, Advisor, Michigan-China Innovation Center

    Sep 08, 2016

    In 15 years China will have the world’s largest elderly population. By 2050, its working-age population will have declined by 200+ million people. China’s rapidly aging population will have a significant impact on all aspects of China, and constructing a social safety net to meet its needs will be both expensive and complicated.

  • Philip Cunningham, Independent Scholar

    May 30, 2016

    China’s long history with its concentric cycles of buildup and decay tends to support the notion that the general political outlook is knowable, while the specifics remain indeterminate due to complexity. Nothing short of society-wide endeavor can stem the tide of negative trends and polluting influences. Change, for the better, and for the worse, sets in slowly and incrementally, often beyond immediate perception.

  • Tom Watkins, Advisor, Michigan-China Innovation Center

    Apr 01, 2016

    The unspoken trade-off between the Chinese rulers and the ruled seems to be: If our lives improve, then you can remain in power. So far, the Chinese Communist Party has been adept at reading the tealeaves and adapting to the times, and will need to gradually change further as the economy slows down.

  • Owen Haacke, chief representative, US-China Business Council’s Shanghai Team

    Mar 25, 2016

    China’s 13th Five-Year Plan, an economic and social blueprint, could give important insights to U.S. companies planning China business strategies, by providing industry specific plans, local designations for free trade zones, and new policies across the country.

  • Niu Li, Director of Macro-economy Studies, State Information Center

    Mar 24, 2016

    China’s new Five-Year Plan emphasizes the quality of growth rather than speed as the country enters a period of ‘new normal’. Maintaining 6.5 percent of economic growth is a priority, but it is even more important to keep such a growth rate sustainable and to channel that growth toward improving the quality of life for the majority of Chinese citizens.

  • Qin Xiaoying, Research Scholar, China Foundation For Int'l and Strategic Studies

    Mar 18, 2016

    The Chinese premier’s frankness in his report embodied not only decision-makers’ policy orientations, but also a profound people-first mentality that will be of far-reaching significance.

  • Zhang Monan, Senior Fellow, China Center for International Economic Exchanges

    Feb 22, 2016

    Since the global financial crisis of 2008, the growth track and pattern of the world economy have undergone dramatic changes, and maintaining an easy monetary policy by the central banks will not be enough to remedy the situation. New “supply substitution” is needed to improve the productivity and innovative output of all factors, and to earnestly promote global economic growth.

  • Zhang Monan, Senior Fellow, China Center for International Economic Exchanges

    Jan 20, 2016

    As it acts upon the 13th Five Year Plan, Beijing must combine government fiscal investment, corporate R&D, industrial investment, venture capital, bank credit investment, capital market financing, science funding and more, to make a financial system with a full range of support to update China’s economy. An efficiently operating system will be key to the nation’s future competitiveness.

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