Feb 05, 2014

Although in 2014, it appears China will be adhering to a “prudent” monetary policy and working to balance its finances, the world’s number two economy will still face considerable challenges, such as rising credit and an appreciating currency.

Dec 18, 2013

The success of the Third Plenum’s recently announced economic reforms rely heavily on the outcome of China’s financial sector reforms. Important topics to monitor, writes Yi Xianrong, include interest rate liberalization, stock market regulation, changes to the exchange rate regime, and the risk that these reforms entail.

Nov 19, 2013

If government power cannot be effectively restrained and supervised, the decisive role of the market in resource distribution will be undermined, writes Yi Xianrong.

Sep 18, 2013

As recent reports suggest the Renminbi yuan is going through its most active role in the global trading market in history, Yi Xianrong advises against overestimating what this means for the yuan’s globalization. Yi suggests accelerating the pace at which the yuan is open to the outside world and establishing an effective exchange-rate pricing mechanism before globalization can be discussed.

Jun 29, 2013

Although China’s economic growth continues to slow, with economic data coming well below market expectations, Yi Xianrong explains that the People’s Bank of China will not rush to endorse quantitative easing.

Mar 14, 2013

China’s leadership transition comes to an end. Regardless of the proposed changes or reforms of China’s new leadership, the stability of the economy and its growth will likely remain the most important factor for Zhongnanhai.