Christopher A. McNally Professor of Political Economy, Chaminade University
Dec 28, 2020
China’s robust e-payments industry has become ubiquitous at every level of its economy, from street vendors all the way to annual taxes. Chinese authorities hope that the advanced infrastructure they possess can be used to launch the first ever state-backed cryptocurrency.
Wang Huiyao Founder, Center for China & Globalization
Sep 05, 2019
Applying maximum pressure, including labeling China as a “currency manipulator” will not sway China. If the U.S. refuses to return to the negotiation table, China has the option of seeking closer ties with other regional and international partners.
Zhou Xiaoming Former Deputy Permanent Representative of China’s Mission to the UN Office in Geneva
Aug 23, 2019
With the US’s new classification of China as a “currency manipulator,” the question arises: is such a designation accurate? Could it lead to success for the Trump Administration, or will it only serve as an irritator that will open up a new fight with China?
Yu Yongding Former President, China Society of World Economics
Mar 01, 2019
China must think twice before accepting the U.S. request to stabilize the renminmi.
Hua Xin PhD, CASS Graduate School
Feb 15, 2018
The world has to prepare itself for a new monetary cycle following rising US interest rates.
Jan 12, 2018
Treasury yields fell on Thursday after China disputed a report that its government officials had recommended the country slow or halt its purchases of U.S. bonds.
Sep 20, 2017
All Bitcoin exchanges in Beijing and Shanghai have been ordered to submit plans for winding down their operations by 20 September.The move follows the Chinese c
Stephen Roach Faculty Member, Yale University
Jan 27, 2016
The fears about the economic meltdown in China are overblown. The mismatch between progress in economic rebalancing and setbacks in financial reforms must ultimately be resolved as China transitions to new growth model. But it does not spell imminent crisis.
Yi Xianrong Researcher, Chinese Academy of Social Sciences
Jun 25, 2015
SDR inclusion will mean an endorsement of the renminbi as an international reserve currency, and at the same time, the Chinese government will have the power and capacity to steer and manage the renminbi exchange rate.
Sourabh Gupta Senior Fellow, Institute for China-America Studies
Jun 01, 2015
Protectionist U.S. Congressmen are proposing a series of amendments that would enforce currency disciplines for China-U.S. cross-border trading. Rather than protecting import-sensitive sectors with that would penalize developing country producers, Congress and global policymakers would be better off updating the fraying architecture of the international monetary system.