Yi Xianrong Researcher, Chinese Academy of Social Sciences
Jan 27 , 2016
Stabilizing the RMB exchange rate not only requires comprehensively striking back the short-selling speculation but, more importantly, reversing the expectation of RMB depreciation and well managing the expectation. Substituting a new exchange rate index for the old exchange rate index has not impressed the international market. The RMB exchange rate should be anchored to the USD exchange rate to build confidence.
Qin Xiaoying Research Scholar, China Foundation For Int'l and Strategic Studies
Nov 20 , 2015
Except for the disruptive years of the “cultural revolution”, the five-year planning system has given the country a unified strategic outlook, especially in the recent years of opening up and development. The current CPC Central Committee is steering the Chinese government, in the coming five years, to emphasize people’s livelihood and well-being, and to effectively promote economic transformation and consolidation.
Keyu Jin Professor, London School of Economics
Nov 12 , 2015
When it comes to economic rebalancing, China will need to be patient, recognizing that the current generation is simply too fixated on saving to provide the kind of surge in consumption that is needed. There are steps policymakers can take to accelerate progress, but, until the next generation grows up, real progress will have to wait.
Anatole Kaletsky Chief Economist and Co-Chairman, Gavekal Dragonomics
Oct 19 , 2015
China certainly experienced a turbulent summer, owing to three factors: economic weakness, financial panic, and the policy response to these problems. But none on its own would have threatened the world economy. The assumption that China is now the global economy’s weakest link is highly suspect.
Oct 13 , 2015
China's exports fell less than expected in September, with monthly figures showing recovery, but a sharper fall in imports left economists divided over whether the country's ailing trade sector is showing signs of turning around.
Mark Tinker AXA Investment Managers
Sep 25 , 2015
As Xi Jinping heads to the United States he might need to check that he takes his irony meter with him, for there seems little evidence that anyone in the Western media has one they might be willing to lend him.
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.
He Weiwen Senior Fellow, Center for China and Globalization
Sep 24 , 2015
China’s stock-market correction was predictable after its wild rise, but it does not signal a sustained economic slump. However, “China shock” did influence the U.S. and European stock markets, despite the effect being psychological and temporary. During the first half of September, U.S. and European markets have been rising steadily, despite the lingering struggles for Chinese stocks. With an expected mild rebound by the end of the year and beyond, it is likely that China’s imports will gradually pick up, thus contributing more to the world commodities demand recovery.
Sep 23 , 2015
Visiting Chinese President Xi Jinping on Tuesday called for the world's two largest economies to read each other's strategic intentions correctly and manage their differences properly and effectively.
Lawrence Lau Ralph and Claire Landau Professor of Economics, CUHK
Sep 23 , 2015
In 1997, at the height of the East Asian currency crisis, I wrote an article, “The Sky is not Falling (天塌不下来),” basically saying that the Chinese economy would be able to emerge from the crisis more or less unscathed.