Andrew Sheng, Distinguished Fellow at the Asia Global Institute at the University of Hong Kong
Xiao Geng, Director of Institute of Policy and Practice at Shenzhen Finance Institute, Chinese University of Hong Kong
Dec 04, 2022
In 2020, Sebastian Mallaby of the Council on Foreign Relations announced the beginning of the “age of magic money,” in which advanced economies would “redefine the outer limits of their monetary and fiscal power.” By July 2022, Mallaby was predicting that this age was coming to an end. But, while most major central banks are now reversing quantitative easing (QE) and raising interest rates, China may need to head in the opposite direction.
Zhao Minghao, Professor, Institute of International Studies at Fudan University, and China Forum Expert
Nov 22, 2022
The meeting of presidents Xi Jinping and Joe Biden in Bali may be the first step toward restoring normal bilateral ties between China and the United States. The leaders discussed their respective red lines and agreed to resume talks on several topics. But a trust deficit remains.
Lawrence Lau, Ralph and Claire Landau Professor of Economics, CUHK
Nov 04, 2022
We are living in a very different world. Shifting macroeconomic trends including diversification and second sourcing because of de-globalization and de-coupling have significant implications for the global economy. The strategic competition between the United States and China and other major geopolitical developments will fundamentally shape the world we live in.
Joseph Vaughan, Masters Student, Johns Hopkins University School of Advanced International Studies
Justin Feng, Masters Student, Johns Hopkins School of Advanced International Studies
Oct 14, 2022
Export controls are central in economic competition between the U.S. and China. A new U.S.-led multilateral export control regime could further entrench efforts to exclude China from accessing Western technology.
Stephen Roach, Senior Fellow, Yale University
Sep 30, 2022
It is tempting to give America’s Federal Reserve great credit for its recent about-face in tackling inflation. It is equally tempting to give Chinese President Xi Jinping great credit for his stewardship of a rising and strong China. But neither deserves it – and for a similar reason.
Dan Steinbock, Founder, Difference Group
Aug 26, 2022
In its pursuit for unipolar primacy, the Biden administration is risking the economic stability of China, the West, emerging Asia, and the futures of the Global South.
Andrew Sheng, Distinguished Fellow at the Asia Global Institute at the University of Hong Kong
Xiao Geng, Director of Institute of Policy and Practice at Shenzhen Finance Institute, Chinese University of Hong Kong
Aug 08, 2022
Last October’s G20 Leaders’ Summit – held in Rome, and hosted by then-Italian Prime Minister Mario Draghi – produced a declaration brimming with promises to “address today’s most pressing global challenges” and “converge upon common efforts to recover better from the COVID-19 crisis and enable sustainable and inclusive growth” across the world. What a difference a year makes.
Zhang Monan, Deputy Director of Institute of American and European Studies, CCIEE
Aug 08, 2022
Some central banks have followed the U.S. Federal Reserve, but Japan, for example, is marching to the beat of its own drum. The Biden administration and the Fed, meanwhile, claim the surge in U.S. inflation is “temporary.” This reflects a severe misjudgment.
Brian Wong, Assistant Professor in Philosophy and Fellow at Centre on Contemporary China and the World, HKU and Rhodes Scholar
Aug 02, 2022
China’s economy has weather the pandemic as well as any other nation’s has in the last few years, but the future seems uncertain as the world order is reshuffled as borders and regulations return to pre-outbreak norms.
James Hinote, Geopolitical Strategist
Aug 02, 2022
The international financial infrastructure has long been dominated by Western institutions. China’s advances in digital currency could help spread its influence on global commerce enough to challenge the hegemony of the U.S. dollar.