LATEST INSIGHTS
Your Present Location: LATEST INSIGHTS-
Liu Zhiqin: China, US capable of ironing out differences
China neither intends to nor has the ambition to replace the US as the world leader. This fact is not related to whether China has the ability and capacity to do so; instead, it is related to the Chinese mindset and is deeply rooted in the Chinese nation.
2016-03-16 -
John Ross: The global impact of China`s continued `reform and opening up`
China`s 13th Five Year Plan, running from 2016 to 2020, presented to this year`s National People`s Congress session, sets the framework not only for China`s domestic development, but for other countries` economic interaction with it. Consequently, it is important that other states accurately judge the main effects that China`s "reform and opening up" process will have on them. The key trends confirm China will continue to show the greatest prospects for international cooperation with any major e
2016-03-16 -
Wang Qing: Investors reassured with vow to continue stocks reform
Wang Qing, president of Shanghai Chongyang Investment, said, "His remarks highlight the greater attention paid by the regulator to pushing reforms that fit Chinese conditions."
2016-03-15 -
Wang Wen: Camel Bells and Smoky Deserts
China “has invested in ‘OBOR regions’ long before President Xi coined the term,” according to Wen Wang, executive director at the Chongyang Institute, a think-tank based in Beijing, who spoke with the HPR. China’s motives in creating OBOR are not conspiratorial but rather mundane: OBOR is a catchy label for a vision that loosely knits together China’s already-existing economic and political interests.
2016-03-15 -
Chen Dingding: Cooperation Is the Only Way Ahead for US-China Relations
Undoubtedly, Niu’s views in China will be hotly debated. Some might disagree with him on the issue of U.S. intentions and others might agree with him on the changes occurring within China. Either way, it is fortunate that we have prominent scholars like Niu Jun in China who remind us, again, from a historical perspective, that a good and stable relationship between the United States and China benefits both tremendously. This is very important as the two major powers head into a new era of compet
2016-03-15 -
Hu Yuwei: Western economics fails to explain China
Theoretical innovation is a result of the emergence of new phenomena that cannot be explained by the existing theories. However, in their attempts to explain China`s economic growth by Western theories, economists have made inaccurate judgments over China`s economy in recent years. How will Chinese economic theories influence the world in the future? Are Chinese experiences more suitable for developing nations? The Global Times (GT) talked with Yuwei Hu (Hu), a research fellow at Chongyang Insti
2016-03-14 -
Wang Yanhang: Moody’s inability to understand complexity of China’s economy
Even though Moody`s has established its reputation, whether its ratings are authentic is wholly up to the market to decide. Moody`s should understand the Chinese development model more deeply and note that it is very difficult to restore a damaged reputation.
2016-03-14 -
Dong Ximiao: Apple Pay Aims to Dethrone Alipay
“Apple needed the inter-bank transaction system that Union Pay already runs. The company brought them access to more than 10 million Chinese credit card holders,” said Dong Ximiao, a visiting research associate in Chongyang Institute for Financial Studies in Renmin University of China.
2016-03-11 -
Hu Yuwei: Supply-side reform to inject new impetus to Chinese economy
Supply-side structural reform has drawn wide attention at home and abroad as China moves to address the issues of excess capacity, massive property inventory, and "zombie" enterprises with poor profitability.
2016-03-11 -
John Ross: Why China can achieve its 6.5% growth rate target
China announced GDP growth target of at least 6.5% during the 13th Five-Year Plan in 2016-2020 and 6.5%-7.0% for 2016 at the National People`s Congress. Some Western economists claim such targets cannot be achieved. In fact, analysis of supply-side factors, which will primarily be relied on to achieve this goal, shows clearly why China can achieve its 6.5% minimum growth target.
2016-03-11 -
Hu Yuwei: Concerns over China’s plans to allow rise in budget deficit should not be overstated
China observers are concerned that the unprecedented fiscal deficit arrangement could increase the country`s fiscal risks. I tend to believe the 3 percent fiscal deficit ratio is only a short-term target, and there`s nothing odd about it.
2016-03-09 -
Chen Yulu: Devaluation not in China`s interests
China`s central bank`s deputy governor said devaluating the yuan does not serve China`s best interests.
2016-03-09 -
John Ross: The giant consequences of China’s 6.5%-7.0% growth target
The economy tops the agenda at this year`s National People`s Congress (NPC) with a focus on both prospects for 2016 and the 13th Five Year Plan for 2016-2020. Discussion on both was framed by two major events. On March 4, Chinese President Xi Jinping made key statements on China`s long term economic strategy while attending a panel discussion at the annual meeting of the Chinese People`s Political Consultative Conference (CPPCC). On March 5, Premier Li Keqiang delivered the government`s work rep
2016-03-08 -
Researcher calls for China`s deepened reform
China should deepen reform by upgrading or restructuring unproductive firms, launching flexible exchange rates and liberalizing its capital accounts under the stimulus plans offered by the latest fiscal and monetary policies.
2016-03-08 -
Hu Yuwei: There`s no basis for yuan depreciation in long run
China does not want a currency war, which hurts everyone; instead, the currency will fluctuate within a managed range
2016-03-07 -
John Ross: China doomsayers misunderstand how socialist economies work
The most fundamental reason claims that China will suffer a "hard landing" invariably turn out to be false is because they do not understand the consequences of the fact China is not a capitalist country. "Hard landings" occur in such economies because all major companies are privately owned and the state therefore has no ability to stop the investment collapses which cause "hard landings."
2016-03-07 -
Zhao Minghao: Africa and China need each other to grow
China and Africa urgently need to seize the development opportunities they offer to each other. A more balanced partnership with enormous potential is emerging. Since 2000, the trade volume between China and Africa has increased 30 fold from nearly $10 billion to almost $300 billion. Till 2020, the figure may reach $400 billion, which equals to the trade volume between China and Europe.
2016-03-04 -
Liu Zhiqin: Maintaining growth not an impossible task for China
As China`s top political advisory body convened its annual meeting Thursday and with the country`s top legislature set to begin Saturday, public attention seems to be focused on how local governments are setting their GDP targets for 2016.
2016-03-04 -
Chen Dingding: Could a Donald Trump Presidency Improve US-China Ties?
Chinese netizens actually quite like Donald Trump and think he could improve U.S.-China ties.
2016-03-02 -
Hu Yuwei: G20 Meeting Enhances Confidence in Economy
A meeting of Finance Ministers and Central Bank Governors from the world`s twenty largest economies has concluded in China. The G20 meeting in Shanghai was held against the backdrop of a slow-down in the Chinese economy, which has led global economists to adjust their outlooks.
2016-03-01
京公网安备 11010802037854号
