Han Dongping, Professor, Warren Wilson College
Jan 23, 2017
While U.S. President Donald Trump was talking about investing more in coal as a source of energy, China has just announced that it will scrap 85 coal power plants under construction and invest 2.5 trillion yuan ($361 billion) in green energy, largely in response to the public outcry about smog in northern China. China’s move in this direction will further strengthen China’s leadership position in green energy.
Vikram Nehru, Nonresident Senior Fellow, Carnegie Asia Program
Jan 11, 2017
Given their economic and geographic proximity to China, Southeast Asian countries are beginning to warm up to the Chinese renminbi. At this stage, however, it would be premature for Southeast Asian governments to do much more than they have already done.
Niu Li, Director of Macro-economy Studies, State Information Center
Jan 06, 2017
Deeper supply-side structural reform will be pursued as China enjoys early benefits of steps taken in 2016 despite downward pressure on the nation’s economy.
Dan Steinbock, Founder, Difference Group
Dec 12, 2016
In view of Washington and Brussels, much of China’s slowdown could be overcome with the privatization of state-owned enterprises. However, Beijing believes in evidence-backed gradual pragmatism.
Xu Hongcai, Deputy Director, Economic Policy Commission
Dec 29, 2016
This is the first time that “seeking progress while maintaining stability” was upgraded to an unprecedentedly high status, that is, from a methodology for economic work to an important principle for governance.
Shen Lu, Master's Student at Medill School of Journalism, Northwestern University
Dec 14, 2016
Singles' Day in China began as a clever counter to Valentine's Day. It takes place each year on Nov. 11, or 11/11, signifying four singles. Originally a celebration for young single people, Alibaba has turned it into a shopping bonanza since 2009. This year’s tally more than doubled what Americans spent online on Thanksgiving Day, Black Friday, and Cyber Monday combined. Additionally, shipping to rural areas will be at an all-time high. But, this record breaking shopping event, largely driven by marketing pressure, should not be misread as a signal that China’s economy is not stagnating.
Xu Hongcai, Deputy Director, Economic Policy Commission
Nov 07, 2016
China’s economy was stable as reported by the NBS, shaking off the negative growth of 54 months and showing that China’s industrial output has escaped from the difficulty of deflation. If the short-term steady growth policy and the long-term structural reform policy can be carried out, economic growth is expected to be over 6.5% next year — despite any potential actions by the US Federal Reserve and domestic pressures.
Stephen Roach, Senior Fellow, Yale University
Oct 27, 2016
China is increasingly portrayed as the next disaster in a crisis-prone world. Stephen S. Roach disagrees, recognizing his minority opinion. Roach argues that without China, the world economy would already be in recession, citing the IMF’s October World Economic Outlook.
Kemel Toktomushev, Research Fellow, University of Central Asia
Oct 03, 2016
Skeptics of land reforms throughout the world fear that land redistribution in developing states may further victimize those who are already more disadvantaged and marginalized. And recent unrests in Kazakhstan due to Chinese investors demonstrate such concerns, highlighting land reform to be a complicated process with the potential of igniting social movements and mass mobilizations.
Sep 20, 2016
China’s economy has shown a steady upward trend and has huge room for maneuver while there’s no basis for a sustained depreciation of the nation’s currency, said Premier Li Keqiang.