Recently, there has been an increasing call from the global sphere for the Chinese government to faster globalization of the RMB, since stronger economic growth in China can also help pull the rest of the world out of its current financial slump. The next question comes to whether China is ready for the challenge in next five to ten years.

Recently, the U.S.-Chinese Strategic & Economic Dialogue (S&ED) was overshadowed by international politics, rapid escalation of challenges in the Eurozone, and

China and the United States are in the grip of major structural changes that both dread will end the Halcyon era when China produced low-cost goods and the US b

China’s State Council’s approval of the Wenzhou Comprehensive Financial Reform pilot zone on March 28 marks a breakthrough in both private lending and private

For too long, the United States has allowed its fixation on the renminbi’s exchange rate to deflect attention from far more important issues in its economic relationship with China. For a growth-starved US, the opportunities for access to China’s markets far outweigh the currency threat.

More than one-half of Americans think China is already the world’s leading economy – an astonishing misperception, given that China’s gross domestic product

Chinese leaders had a packed Valentine’s Day this year. Xi Jinping, the new leader-in-waiting, toured the US in an effort to develop a rapport with American le

Since the collapse of Lehman Brothers and the ensuing tsunami from Wall Street that almost swamped the financial world in 2008, China has been busy signing bila

Recently, the Wall Street Journal carried an article entitled, “How Much Harm Chinese Goods Can Do to America?”, relating three American researchers’ assumpt

Philip Levy explains how elections and political transitions in the United States and China this year ratchet up the pressure on leaders and aspirants and make conciliation more difficult.