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Global Economy
  • Zhong Wei, Professor, Beijing Normal University

    Jul 10, 2017

    The bubbles in both finance and property are growing too big. The ordinary real economy is increasingly unable to bear the over-expansion of finance and property of the past 10 years. And NASDAQ is the most precarious bubble of all.

  • Andrew Sheng, Distinguished Fellow at the Asia Global Institute at the University of Hong Kong

    Xiao Geng, President of the Hong Kong Institution for International Finance

    Jun 20, 2017

    In the past, analysis of the evolution of humanity’s worldview has tended to focus on the West. Now, however, this narrative is being revised. The global economic crisis that originated in the United States in 2007 exposed the fragility of the advanced-country model, giving rise to a new, more multipolar worldview, in which the emerging economies, led by China, India, and Russia, have increasingly challenged the status quo.

  • He Yafei, Former Vice Minister of Foreign Affairs

    Jun 23, 2017

    China’s efforts to propose a series of new ideas and concepts to improve global governance and stimulate globalization are showing the world a positive way forward as Western powers step away from their post-war leadership roles in shaping those arenas.

  • Beth Smits, PhD candidate, Paul H. Nitze School of Advanced International Studies (SAIS), Johns Hopkins University

    Jun 06, 2017

    When the United Kingdom, France, Germany and other U.S. allies decided to join the Asian Infrastructure Investment Bank (AIIB) in 2015 amidst clear opposition from Washington, some questioned whether it meant the transatlantic relationship was weakening in the face of a rising China. In terms of risk, rebalancing, and reward, however, the AIIB was not a situation that pitted Europe’s relationship with the U.S. against its relationship with China. Such a case may offer insight when considering the Paris Agreement and Europe’s actions if faced with choices between Washington and Beijing.

  • Heraldo Muñoz, Minister of Foreign Affairs of the Republic of Chile

    May 04, 2017

    Integration, not isolation, is the key to sustainable development in a world bound ever closely together by information and transportation networks. While trade with the U.S. remains strong, a post-TPP world will require Chile to build bridges with TPP stakeholders and new partners, such as China.

  • Amitai Etzioni, Professor, International Relations at The George Washington University

    May 23, 2017

    A less alarmed view of China’s Belt and Road Initiative finds first of all that the whole project is much overhyped. Figures about investments include projects that had been previously launched. Although China is likely to increase its influence in the region, its growing influence should not be equated with aggression. In determining how to react to the Silk Road initiative, the West should draw on a major strategic consideration: Do the U.S. and its allies plan to block any and all increases in Chinese influence—or merely contain those moves that entails China’s use of force to dominate other countries?

  • Shen Dingli, Professor, Institute of International Studies, Fudan University

    May 16, 2017

    Against a background of global economic gloominess, China’s Belt and Road Initiative injects a fresh spirit of multilateral cooperation and truly win-win opportunities. There is reason to expect a more vibrant regional and global economic recovery to be stimulated by this partnership initiated and led by Beijing.

  • Stephen Roach, Senior Fellow, Yale University

    May 04, 2017

    The global economy now appears to be shaking off its deep post-crisis malaise, but the overhyped idea of a “new normal” for the world economy overlooks an extraordinary transformation in the global growth dynamic over the past nine years. It raises profound questions about the efficacy of monetary policy, development strategies, and the role of China.

  • Fu Ying,

    May 02, 2017

    The debate about “world order” and “China’s new leadership role” is attracting more attention especially when China has more loudly expressed support to the economic globalization and free-trade at a time when these ideas are under criticism in the Western world. Many in China who are also interested in the debate find the concepts behind these terms are not as clear as they may look.

  • Yu Xiang, Senior Fellow, China Construction Bank Research Institute

    Apr 27, 2017

    Trump’s election campaign promises and and the executive orders the new president signed after he came into the White House reveal a narrow-minded, conservative and selfish United States. It’s a startling reversal of the country’s outlook for six decades, and completely outdated.

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