He Weiwen, Senior Fellow, Center for China and Globalization, CCG
Dec 13, 2016
In today’s world trade, the production process — from product design, raw material procurement, financing, manufacturing, final assembly, marketing and logistics — normally stretches across many countries. Many products in international trade are known as “global products”. Globalization has produced huge cost-savings on industrial and consumer goods at every level, and any effort to restrict American businesses to sourcing and production in the US will shrink the domestic economy instead of expanding it.
Sep 20, 2016
Peru's new president said Monday it was "worrisome" that China is not part of the 12-nation Trans-Pacific Partnership but his government would seek ratification for U.S. President Barack Obama's signature trade deal.
Sep 08, 2016
China's imports unexpectedly rose in August for the first time in nearly two years, boosted by coal and other commodities, suggesting domestic demand may be picking up and putting the world's second-largest economy on a more balanced footing.
Sep 01, 2016
U.S. President Barack Obama will urge leaders of the world's major economies to use fiscal policy and other tools to boost growth while paying more attention to angry citizens who feel left behind, Treasury Secretary Jack Lew said on Wednesday.