Stephen Roach, Senior Fellow, Yale University
Feb 28, 2014
Stephen Roach states that China's slowing GDP growth is a natural result of a rebalancing of the Chinese economy. However, China's recent economic growth has lead to an unbalanced codependency of China and the US. Thus, Roach believes that the US should adopt a new growth strategy, based on saving and investing in people, infrastructure, and capacity.
Feb 18, 2014
When it comes to economic reform, China’s leaders no longer believe that time is on their side. With a new sense of urgency, President Xi Jinping and his inner circle are attempting one of the most ambitious economic and social-policy reform plans in history.
Michael Justin Lee, Lecturer, University of Maryland
Feb 14, 2014
Following concerns voiced at the World Economic Forum in Davos about China’s burgeoning shadow banking system, Michael Justin Lee examines the role of financial entities that don’t fall under direct bank regulation within market economies and argues that fears of China’s economic downfall are overblown.
Minxin Pei, Tom and Margot Pritzker ’72 Professor of Government , Claremont McKenna College
Feb 13, 2014
The turmoil surrounding China’s shadow banking system is easily understood as more than $1 trillion worth of debt is set to mature in the system before May. However, as Minxin Pei points out, China’s new leadership must turn shadow banking’s impending crisis into a strategic opportunity and face short-term pain to prevent the triggering of a domino-style collapse.
David Wertime, Professional Speaker
Feb 13, 2014
The world's factory is turning into an R&D machine -- and fast catching up with America. Beijing is urgently looking for ways of designing its own products rather than manufacturing someone else's. Put another way, it wants to shift from making iPhones to inventing them.
Feb 10, 2014
Credit in China is growing at a breakneck pace, raising serious concerns about the level of risk in the financial system. The government now must determine how to balance the economy’s liquidity needs with protecting the system's solvency.
Yu Xiang, Senior Fellow, China Construction Bank Research Institute
Feb 10, 2014
While China is virtually certain to be the world’s biggest trade nation, Yu Xiang points out four key reasons why the country is yet to be the strongest trade nation and urges for the expansion of the US-China trade relationship.
Yi Xianrong, Researcher, Chinese Academy of Social Sciences
Feb 05, 2014
Although in 2014, it appears China will be adhering to a “prudent” monetary policy and working to balance its finances, the world’s number two economy will still face considerable challenges, such as rising credit and an appreciating currency.
Zhang Jun, Dean, School of Economics, Fudan University
Jan 27, 2014
Over the last two decades, a consensus about China's growth model has emerged, with observers arguing that a shift to an intensive, efficiency-driven growth is essential. But empirical research reveals a critical flaw in this assessment – namely, that annual efficiency gains in China far exceed those of the US.
Liu Shijin, Deputy Director of Development Research Center, China's State Council
Jan 15, 2014
Liu Shijin outlines three policy targets that will be conducive to steady growth in China’s economy, which can then rapidly shift to a more stable rate.