Yu Xiang
Senior Fellow, China Construction Bank Research Institute
Aug 15, 2016
The economic relationship should have evolved with China and U.S. economies’ “New Normal”, but a variety of fears are in the way. The U.S. would like to decrease its reliance on consumption as the engine of growth, relying more on domestic investment and exports. China seeks more consumer spending, and less reliance on domestic investment and exports. Those goals are highly complementary and mutually reinforcing, creating opportunities that should not be missed.
Feb 16, 2016
The US dollar’s appreciation is driven by the US economy’s recovery and the Federal Reserve’s monetary policy normalizing, not the recent turmoil in China’s stock market or its shrinking demand for oil. The US should encourage China to stick to its reform plan and introduce more of its experience on risk control and crisis management to China.
Sep 04, 2015
Moderate growth, low inflation, low labor participation rate and a growing wealth gap will be business as usual for a considerable period of time. Fundamental, systemic changes needed for the US to breakthrough its economic doldrums are unlikely in the divided political climate from now until the 2016 elections.
Nov 28, 2014
Xi-Obama meetings following the APEC summit helped spur new topics and commitments to bilateral cooperation, most notably with the creation of an impactful new climate treaty. Yu Xiang discusses new international issues – responding to Ebola, IS, and a military reporting mechanism – for extending Sino-U.S. cooperation.
Nov 03, 2014
As the APEC leaders meeting in Beijing approaches, Yu Xiang examines current free trade negotiations and discusses why the United States and China should merge their regional agreements to boost economic relations between the world’s two largest economies.
Sep 19, 2014
Are China’s investigative probes into foreign companies selective and rooted in protectionism? Yu Xiang refutes these claims and explains how China’s antitrust legislation and enforcement has developed since its inception in 2008.
Sep 03, 2014
Can cooperation on big data technology help improve Sino-U.S. relations? Yu Xiang examines this emerging sector and describes how cooperation on this issue could reduce tensions in other areas, like cyber-espionage.
Jul 31, 2014
Making progress on a China-U.S. bilateral investment treaty is difficult. There are a variety of economic and political factors that could create setbacks, but both sides need to make a concerted effort to overcome these challenges because concluding an agreement would be in the interests of both parties and the world at large.
Apr 04, 2014
President Xi Jinping’s trip to Europe has illustrated a shift in Chinese foreign policy, as well as a more direct engagement with the European Union. The “EU-China 2020 Strategic Agenda for Cooperation” consists of four pillars that will help guide China-EU relations in a positive direction that will not only benefit both China and the EU, but the world.
Feb 10, 2014
While China is virtually certain to be the world’s biggest trade nation, Yu Xiang points out four key reasons why the country is yet to be the strongest trade nation and urges for the expansion of the US-China trade relationship.