Qi Jingmei, Researcher, State Information Center
Jul 30, 2013
Responding to concerns that China’s economic growth continues to decline, Qi Jingmei lays out why China’s economic performance succeeded in the first half of 2013 and what must be done to see steady growth in the second half of 2013.
Michael Justin Lee, Lecturer, University of Maryland
Jul 27, 2013
Addressing a number of articles highlighting China’s future economic risks, Michael Justin Lee describes calls for economic reforms as merely stating the obvious. Instead of continued reforms to the financial markets, increasing consumer demand could provide stability for China’s economy.
Zhang Monan, Deputy Director of Institute of American and European Studies, CCIEE
Jul 24, 2013
Laying out the argument for economic reforms, Zhang Monan explains how debt accumulation is on the rise in China. While the real economy tumbles, shadow banking and off-balance-sheet financing is on the rise, making it vital that Chinese leadership lessen the burden on the real economy.
Zhang Ming, Researcher, Chinese Academy of Social Sciences
Jul 20, 2013
While stabilizing GDP, the authorities must continue to push forward restructuring amid economic difficulties, writes Zhang Ming.
Michael Pettis, Professor, Peking University’s Guanghua School
Jul 19, 2013
China’s GDP growth target for 2013 was set at 7.5 percent in March, but just four months later, on July 11 at a press conference in Washington China’s newly established minister of finance, Lou Jiwei, seemed to suggest that Beijing no longer believed the country would hit the target.
Jul 17, 2013
China's GDP growth in recent decades has been impressive, but also, as former Premier Wen Jiabao put it, "unstable, unbalanced, uncoordinated, and unsustainable." With growth slowing, China must now adopt a more sustainable model that focuses less on GDP and more on fostering innovation and competition.
Zhang Jun, Dean, School of Economics, Fudan University
Jul 02, 2013
Everyone is talking about China’s economic slowdown, writes Zhang Jun. But, as Premier Li Keqiang seems to recognize, this trend could actually be beneficial, spurring the structural reforms that China needs.
Stephen Roach, Senior Fellow, Yale University
Jun 28, 2013
The Federal Reserve and the People’s Bank of China are on the same path to policy normalization, but for very different reasons, writes Stephen Roach.
Yu Yongding, Former President, China Society of World Economics
Jun 10, 2013
China’s adjustment of its investment-income deficit for 2011 exposes flaws in economic growth, but hasn’t raised as much concern as it should. Two statistics account for China’s negative net investment-income, high return on foreign investment and China’s foreign assets are mostly US dollars. Without fundamental change, it is hard to imagine a sable Chinese economy in the long-term future.
Jun 05, 2013
Too often, debate about the relationship between the state and the market casts them as opposing forces locked in a zero-sum struggle. But this simplistic approach quickly renders constructive discussion a casualty of the ideological battle between advocates of state and market capitalism.