Yi Xianrong, Researcher, Chinese Academy of Social Sciences
Mar 27, 2015
The Chinese central bank just announced that it will cut interest rates, but the market is more concerned about whether this means China is officially in the sweeping global game of quantitative easing. The Chinese central bank is now in a monetary policy dilemma: It is neither willing to embark on the track of excessive quantitative easing, nor ready to tighten currency policies. Instead, it is returning to neutrality, which doesn’t mean an orientation change in its monetary policies.
Michael Billington, Asia Specialist, Executive Intelligence Review
Mar 27, 2015
In October 2013, during a visit to Indonesia, Chinese President Xi Jinping announced the launching of the New 21st Century Maritime Silk Road, just one month after announcing the New Silk Road Economic Belt, while on a visit to Kazakhstan. These two initiatives, followed in 2014 by the plan to put together the BRICS New Development Bank and China’s establishment of the Asian Infrastructure Investment Bank that Fall, constitute a new paradigm for mankind.
Wu Jianmin, Former President, China Foreign Affairs University
Mar 26, 2015
The “One Belt and One Road” initiative concerns 65 countries and 4.4 billion people and is China’s most important and strategic initiative. As the Middle East and Europe faces social, political, and economic turbulence, China invites all major economies to join this endeavor to improve infrastructure and trade throughout the world. Increasingly, China’s development is inseparable from the world; and world’s stability and prosperity are inseparable from China.
Fernando Menéndez, Economist and China-Latin America observer
Mar 24, 2015
As Li Keqiang wrapped up the National People’s Congress in Beijing, Fernando Menedez reviews the investment outlook between Latin America and China, noting that China is likely shift away from total volume of investments to a greater emphasis on their productivity and sustainability.
He Wenping, Senior Research Fellow, Charhar Institute and West Asia and Africa Studies Institute of the China Academy of Social Sciences
Mar 19, 2015
In 2015, much emphasis has been placed on a partnership between the African Union and China in order to accelerate the construction of the three major networks to help materialize the “century dream” of connecting all capital cities in Africa with high-speed railways. African economic integration calls for not only consensus and impetus from African countries, but also external investment to drive the process.
Niu Li, Director of Macro-economy Studies, State Information Center
Mar 18, 2015
Despite China’s remarkable growth, the property market still faces the challenges of consolidation, industrial overcapacity, financial risk, deflationary risk, and structural employment issues. In response the government will adjust to the economy’s “new normal” of slower growth, move toward an innovation based economy with more public goods and services, and pursue a proactive fiscal economy and a prudent monetary policy.
Pan Xiaoming, Research Fellow, Institute for World Economy Studies, SIIS
Mar 17, 2015
China’s “Foreign Investment Law” was solicited for public comment from foreign companies, lawyers, and policy makers, and though not finalized, represents a move to improve openness, promote foreign investment, and regulate investment behavior. Pan Xiaoming explains the new features that fundamentally change the structure of Chinese foreign investment.
Shen Dingli, Professor, Institute of International Studies, Fudan University
Mar 16, 2015
Though some view the One Belt, One Road strategy as a Chinese version of the Marshall Plan, they are vastly different. Therefore, no single country can dominate its process. There is room to dispel suspicion and build trust by further enhancing transparency of the AIIB institution through reducing China’s shareholding, offering more leadership positions to foreign nationals, and employing international business standards.
Dan Steinbock, Founder, Difference Group
Mar 09, 2015
The controversial issue of “currency manipulation” has resurfaced. However, Washington and Beijing have very different perceptions about the identity of the “currency manipulator.” The net effect is currency friction that is likely to prevail until the 2020s.
Zhang Monan, Deputy Director of Institute of American and European Studies, CCIEE
Mar 09, 2015
China’s selectiveness of foreign investment reflects its restructuring economy, one that invests less in capital and labor intensive industries to investments in human resources and technological innovation. Some far-sighted multinational companies are actively making use of the new rules, seizing the opportunity of China’s structural transformation and beginning to make active arrangements in the strategic newly emerging industries and the high-end service industry.