Since the start of 2017, China’s economy has shown a stable recovery supported by the better-than-expected exports, high industrial reserves, and a hot property market. Even with financing difficulties and rising costs, it appears that China’s economy will continue to stabilize with improvement through the latter half of the year.

As Chinese State-owned enterprises experience a new phase of change due to an increased number of mergers. Experts and economists throughout the world are attempting to explain the significance of this new phase. However, to place these mergers in the proper context, it is prudent to first examine history and understand the past stages of this country’s SOE reforms.

China’s transformation into a knowledge-based economy occupying a central position in the global value chain will ultimately yield a “reform dividend.” But as exciting as that transformation will be, it will also be dangerous. Never before has an economy so large undergone such far-reaching change so quickly

After decelerating for six consecutive years, China real GDP growth appears to be inching up in 2017. The 6.9% annualized increase just reported for the second quarter exceeds the 6.7% rise in 2016 and is well above the consensus of international forecasters who, just a few months ago, expected growth to be closer to 6.5% this year, and to slow further, to 6%, in 2018.

At a time when Beijing seems inclined to turn inward economically, emphasizing state control and punishing foreign investors, American firms should point out the obvious economic benefits of attracting outside capital. American and other foreign firms could create some of the jobs necessary to employ Chinese workers who have come to expect a better life—and are likely to protest if that future does not materialize.

On July 19th, the first round of U.S.-China Comprehensive Economic Dialogue (CED) was held in Washington. The leaders of the dialogue were U.S. Treasury Secreta

There are many uncertainties about China’s upcoming 19th Party Congress. It is too early and risky to make any bold predictions (even the date of the Congress is not confirmed), but there is still interesting speculation about the potential rule changes in age and term limits, the impacts of Guo Wengui’s allegations against Wang Qishan, and the spectre of Xi Jinping serving a third term.

Trade relations with an expanding and increasingly outward facing China have placed foreign leaders in a position whereby public engagement with China on investment and trade issues can create a perception of either pragmatic collaboration for mutual strategic and economic benefit at best or collusion and corruption at worst.

The Shanghai Cooperation Organization achieved a major boost in momentum at last month’s Astana summit, but realizing its potential will require consistent leadership and resources over the coming year from the Chinese presidency.

In an ideal world, China’s government could respond by stimulating household consumption. But, in the absence of further reforms in areas like social security, growth in consumer spending is bound to be slow.