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Global Economy
  • Yao Yang, Professor, China Center for Economic Research

    Jan 09, 2024

    China’s economic performance over the last year has been disappointing – so much so that some observers argue that growth has already peaked, and that it is all downhill from here. But it is far too soon to write off China’s economic resilience.

  • Alicia Garcia Herrero, Chief Economist for Asia Pacific at NATIXIS and Senior Fellow at Bruegel

    Jan 08, 2024

    Western economies faced tight monetary policies and rampant inflation in 2023, while Asia faced mixed growth. 2024 will likely bring disinflationary forces in the West, contrasting with continued economic deceleration in China.

  • Sebastian Contin Trillo-Figueroa, Geopolitics Analyst in EU-Asia Relations and AsiaGlobal Fellow, The University of Hong Kong

    Jan 05, 2024

    Subsidies have evolved into dual-purpose instruments, serving as drivers of self-reliance and geopolitical tools. This transformation, spurred by economic strategies and national security concerns, blurs the line between economic prosperity and safeguarding strategic interests, urging the need for a unified global economic stimulus strategy and enhanced cooperation in new realms to navigate this complex interplay effectively.

  • Zhang Monan, Deputy Director of Institute of American and European Studies, CCIEE

    Jan 02, 2024

    A new framework is needed to accommodate their various interests as they deal with the ever-changing international situation and the challenges that crop up now and then. Relations have weathered storms over past decades mainly because the two sides share broad common interests.

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

    Dec 21, 2023

    Carefully parsed economic data may serve as a smokescreen to conceal the genuine state of the U.S. economy and mislead investors. The fog confuses both the observers and the promoters of perceptions, rendering everyone incapable of gauging the seriousness of underlying issues.

  • Liu Junhong, Researcher, Chinese Institute of Contemporary Int'l Relations

    Dec 04, 2023

    Over the 45 years since the China-Japan Peace and Friendship Treaty, the economic scale of the two countries has shifted. In addition, their economic structures have evolved, moving beyond an era of asymmetric dependence to a new phase characterized by mutual reliance.

  • Xu Hongcai, Deputy Director, Economic Policy Commission

    Nov 10, 2023

    Forecasts are not in line with reality. China’s economy is doing better than some analysts believe. Yet, alternative strategies must be found. A multi-pronged approach will cover the void left by real estate adjustments and lead China’s economy to a promising future.

  • Zhou Xiaoming, Former Deputy Permanent Representative of China’s Mission to the UN Office in Geneva

    Oct 24, 2023

    Washington’s claims of non-compliance by China are a wish list in disguise. It wants to abrogate China’s rights and impose its own will in reshaping the Chinese economic model. So it should be no surprise that it cooked up a way to do that via the World Trade Organization.

  • Yu Yongding, Former President, China Society of World Economics

    Oct 20, 2023

    China’s economic performance has been inspiring considerable pessimism lately. In the second quarter of 2023, the Chinese economy grew by just 6.3% from a year earlier – a figure that is disappointing because of the low base in the second quarter of 2022, when pandemic restrictions were still suppressing economic activity. And in July, China’s consumer price index (CPI) entered negative territory for the first time since 2021, sparking fears of a deflationary spiral.

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

    Sep 22, 2023

    The United States has seen consistent monthly growth throughout the year, but certain risk factors are accumulating. The future trajectory of the U.S. economy will depend on the relative development of economic growth drivers and the potential risks. China must respond thoughtfully.

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