Minxin Pei, Tom and Margot Pritzker ’72 Professor of Government , Claremont McKenna College
Feb 02, 2015
China’s economic slowdown fueled by a real estate bubble, excessive debt, and manufacturing overcapacity could benefit from a change of structure. China’s service sector is now a greater percent of its economy than manufacturing and construction sectors, and with some additional government spending on social services, the economy could see long-term growth.
Jin Bei, Professor and Editor-in-Chief, China Economist
Jan 12, 2015
“New normal” has become a buzzword in China since the second half of 2014. At the APEC CEO Summit on November 10, 2014, President Xi characterized China’s “new normal” as slower growth, economic restructuring and innovation-driven growth.
Yu Yongding, Former President, China Society of World Economics
Jan 06, 2015
Over the past two decades, China’s growth paradigm characterized by investment and driven by exports has run out of steam. A major feature of China’s current economy is overcapacity, especially in the real estate sector. An increase in domestic consumption and infrastructure investment will help continue growth, but the biggest challenge facing China in 2015 is the high corporate debt ratio.
Zhang Monan, Deputy Director of Institute of American and European Studies, CCIEE
Jan 05, 2015
The infrastructure needs of Asia are vast, and as China’s development showed in the last 30 years, infrastructure is essential for job creation, improvement of living standards, and economic growth. As an alternative to private financial investment, which mostly flows into mature markets, the AIIB seeks to create trans-national partnerships to aid infrastructure development.
Tom Watkins, President and CEO of the Economic Council of Palm Beach County, FL
Dec 17, 2014
There is no guarantee the U.S. remains in the dominant position on the world stage. In fact according to The International Monetary Fund, as reported by The Daily Mail -- we no longer are, at least economically.
Curtis S. Chin, Former U.S. Ambassador to Asian Development Bank
Nov 11, 2014
Whether once separated by physical walls or split by existing political ones, today's leaders in China, the United States and Europe -- including newly elected members of the U.S. Congress -- should also think about how much has been and can be accomplished when walls come down, and engagement flourishes.
Nov 06, 2014
China’s days of picking a number for GDP growth and moulding the economy to fit are probably over. At the same time, its planners still seem wedded to symbolic
Derek Scissors, Resident Scholar, American Enterprise Institute
Oct 28, 2014
Derek Scissors critiques the methods to measure the wealth of a nation, in particular the GDP PPP metric which led to World Bank and IMF projections of China’s economy surpassing the American economy next year.
Oct 24, 2014
News that China’s GDP grew at 7.3% in the third quarter, its slowest rate since early 2009, is stirring renewed fears about the health of the world’s second
Zhang Monan, Deputy Director of Institute of American and European Studies, CCIEE
Aug 12, 2014
Following three decades of reform and opening up, Zhang Monan examines China’s changing economy and presents four new characteristics that are shaping its perception.