Sep 19, 2017
Trade imbalance has been an ongoing source of tension between the U.S. and China. According to U.S. statistics, U.S. trade deficit with China in 2016 amounted to $347 billion, or 47% of its total deficit in merchandise trade.
Christopher A. McNally, Professor of Political Economy, Chaminade University
Sep 19, 2017
It seems as if U.S. President Donald Trump is intent on perpetrating a dangerous fallacy: to impose tariffs on American imports to lower the trade deficit. These moves are coming despite the fact that the most prominent critic of China’s trade practices in the U.S. administration, Steven Bannon, has left the White House. Why is the Trump administration so enamored by tariffs, a trade policy more commonly employed a hundred years ago?
Daniel Ikenson, Director, Cato Institute’s Herbert A. Stiefel Center for Trade Policy Studies
Sep 18, 2017
For more than a decade, China and the United States have been engaged in a game of tit-for-tat technology protectionism, which now threatens to escalate into a wider high-tech trade war. But protectionism need not be met with protectionism. There is another route to deescalate this conflict: via the World Trade Organization.
Zhang Jun, Dean, School of Economics, Fudan University
Sep 12, 2017
Over the last decade, China has been working to shift from a manufacturing-led growth model fueled by low-cost labor to an innovation-led, higher-value-added model underpinned by strong productivity gains. Currently, though China is the world’s most populous country and its second-largest economy, and the country’s urbanization rate remains well below the global average.
Niu Tiehang, Senior Fellow, CCIEE
Sep 11, 2017
Trump’s proposed corporate tax cuts are undercutting China. China should respond in kind.
Beth Smits, PhD candidate, Paul H. Nitze School of Advanced International Studies (SAIS), Johns Hopkins University
Sep 08, 2017
China has articulated financial integration as one of the five priority areas for its Belt and Road initiative, and we should not overlook the momentum that this massive project might bring to regional financial integration. Over the past two years, Beijing has elaborated ways in which financial connectivity, new investment opportunities, and regulatory and supervisory cooperation might bring about a greater flow of capital within Belt and Road countries.
Dominic Ng, Chairman and Chief Executive Officer of East West Bank
Sep 07, 2017
The escalated tensions between the U.S. and China are raising concerns about a potential trade war. In my last editorial, I talked about how our official trade
Dominic Ng, Chairman and Chief Executive Officer of East West Bank
Sep 07, 2017
Without doubt, there are problems in the U.S.-China trade relationship. However, the current officially reported U.S.-China trade numbers are grossly inaccurate. It is concerning that world leaders are primarily relying on these misleading trade figures to make major decisions that have the potential to damage economies and create ill will among nations that heavily depend on each other for their prosperity.
Zhang Monan, Deputy Director of Institute of American and European Studies, CCIEE
Sep 06, 2017
The US government is using national security arguments to justify protectionism against Chinese investors.
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
Sep 05, 2017
Financial markets today are thriving. The Dow Jones industrial average, the S&P 500, and the Nasdaq composite index have all reached record highs lately, with emerging-economy financial markets also performing strongly. But digital currencies could further destabilize an already-tenuous leverage- and liquidity-based system.