In the West, many economists and observers now portray China as a fierce competitor for global technological supremacy. This is a serious misrepresentation, argues Zhang Jun.

Criticism is typical of vibrant international media. Yet, prejudiced biases in financial matters have the potential to harm investors worldwide. The Chinese bond market is a case in point. Not only is China’s bond market growing explosively, but it has become diversified and provides broad investment options to both Chinese and foreign investors.

The escalating rivalry between Alibaba and Tencent and the two firms’ anti-competitive tactics appear to have drawn little regulatory scrutiny from the government. That may be in part because the Chinese government is so eager to grow its domestic tech sector that it is reluctant to interfere with two of its most successful firms.

This century is supposed to be China’s century, the result of forty years of hard-won prosperity on the back of tough-minded reform and sacrifice. That still might happen, but the outcome rides heavily on whether a new generation of leaders are able to resurrect the magic of China’s economic exceptionalism.

The only way to mitigate the risks that China faces is with a tough, continuous, and comprehensive reform strategy.

Many in the West fear a China-led attempt to overhaul the rules and norms that underpin the existing world order. Are they right to be afraid?

The development and application of innovative new financial technology, or “fintech,” is upending traditional ways of banking and financing, and beginning to transform how businesses, industries and individuals interact. But beyond the multi-million-dollar headline-grabbing investments and acquisitions, what does fintech actually mean for the people of China and the United States?

If China’s moves towards financial opening did not soften the U.S. administration’s stance toward China after President Trump’s visit last year, why would this year’s Boao Forum speech, containing mostly old ideas, be any different?

The escalating trade tensions between the United States and China have grabbed global attention since late March, and many are worried that globalization is being challenged by unilateralism. To tackle this issue, it is necessary to take the road of globalization and openness.

China is determined to build upon its previous success in tax reform by carrying out further tax cuts, which are set to come into effect starting on May 1, in order to “activate the market and boost people’s creativity.” These measures aim to boost economic growth and provide a response to increasing trade tensions with the United States.