Michael Justin Lee, Lecturer, University of Maryland
Jul 27, 2013
Addressing a number of articles highlighting China’s future economic risks, Michael Justin Lee describes calls for economic reforms as merely stating the obvious. Instead of continued reforms to the financial markets, increasing consumer demand could provide stability for China’s economy.
Tom Watkins, President and CEO of the Economic Council of Palm Beach County, FL
Jul 25, 2013
After the City of Detroit filed for bankruptcy, Michigan-native Tom Watkins suggests that the city should learn from China unprecedented rise.
Yu Xiang, Senior Fellow, China Construction Bank Research Institute
Jul 25, 2013
As the Federal Reserve prepares for the departure of Ben Bernanke, and the potential end to quantitative easing (QE); it is necessary to explore how a retreat from QE could impact emerging economies. While the US prepares to adjust its monetary policy, Yu Xiang calls for cooperation between China and the US to prevent unnecessary shocks to the global economy.
Zhang Monan, Deputy Director of Institute of American and European Studies, CCIEE
Jul 24, 2013
Laying out the argument for economic reforms, Zhang Monan explains how debt accumulation is on the rise in China. While the real economy tumbles, shadow banking and off-balance-sheet financing is on the rise, making it vital that Chinese leadership lessen the burden on the real economy.
He Weiwen, Senior Fellow, Center for China and Globalization, CCG
Jul 23, 2013
By jointly contributing to the multilateral trading system, China and the US will find new common interests and solutions, writes He Weiwen. In turn, the bilateral trade relationship can also be solidly anchored in a broader and more constructive multilateral trading system.
Zhang Ming, Researcher, Chinese Academy of Social Sciences
Jul 20, 2013
While stabilizing GDP, the authorities must continue to push forward restructuring amid economic difficulties, writes Zhang Ming.
Michael Pettis, Professor, Peking University’s Guanghua School
Jul 19, 2013
China’s GDP growth target for 2013 was set at 7.5 percent in March, but just four months later, on July 11 at a press conference in Washington China’s newly established minister of finance, Lou Jiwei, seemed to suggest that Beijing no longer believed the country would hit the target.
Jul 17, 2013
China's GDP growth in recent decades has been impressive, but also, as former Premier Wen Jiabao put it, "unstable, unbalanced, uncoordinated, and unsustainable." With growth slowing, China must now adopt a more sustainable model that focuses less on GDP and more on fostering innovation and competition.
Zhang Monan, Deputy Director of Institute of American and European Studies, CCIEE
Jul 13, 2013
In the coming years, China’s government will have to confront significant challenges to achieve stable, inclusive, and sustainable economic growth. But, with mounting fiscal and financial risks threatening to derail its efforts, policymakers must act quickly to design and implement prudent, forward-looking policies.
Dan Steinbock, Founder, Difference Group
Jul 11, 2013
According to new evidence, there is a devastating trade-off between coal-fueled economic growth and human life expectancy. Any progress in the U.S.-Chinese climate change talks could pave way for a truly global solution, writes Dan Steinbock.