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Global Economy
  • 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, Founding Chair of Center for International Security and Strategy, Tsinghua University; China's former Vice Minister of Foreign Affairs

    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.

  • Colin Moreshead, Freelance Writer

    Mar 31, 2017

    President Xi has expressed a desire to uphold and develop the world order. President Xi has expressed a desire to uphold and develop the world order. If Xi is up to the challenge and prevents a breakdown in global trade, China will have will have saved more than its own skin.

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

    Mar 27, 2017

    If the US wants to control the global value chain again, it should further open its market and integrate into the global value chain, rather than rely on the “return home” and “America First” policies to pull the chain apart. Only by restructuring the global value chain and by allowing the free movement of production factors can the world create new trade.

  • Richard C. K. Burdekin, Jonathan B. Lovelace Professor of Economics, Claremont McKenna College

    Mar 10, 2017

    If you ignore the dragon, it will eat you. If you try to confront the dragon it will overpower you. If you ride the dragon, you will take advantage of its might and power.

  • He Yafei, Former Vice Minister of Foreign Affairs

    Mar 03, 2017

    Economic cooperation and trade frictions will probably simultaneously increase as the new American government’s “buy American and hire American” focus as it seeks greater economic benefits with its trading partners. But there are many areas where the interests of China and the US converge, which the leaders of both countries clearly appreciate.

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

    Feb 14, 2017

    The degree of monetary easing in the major economies is unprecedented and has nearly gone to the extreme, but risk preference and incremental capital gains are the key factors that determine capital flow. International policy coordination can prevent systemic risk from spreading in foreign exchange markets, credit markets and asset cost as well as cross-border capital flow.

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