Commentary / World Oct 25, 2021

China must restore growth or face economic uncertainty

China’s experience over the past 40 years shows that without decent growth, financial stability is difficult to achieve.

Commentary / World Aug 27, 2021

The pandemic’s impact on China’s economic prospects

Policy changes might not be enough. Instead, China’s economic recovery may well depend on how the fight against COVID-19 unfolds.

Commentary / World Jun 27, 2021

China needs higher inflation

As a developing economy with a per capita income of just over $10,000, China can tolerate higher inflation better than developed economies can.

Commentary / World Apr 15, 2021

China still needs an expansionary economic policy

The People’s Bank of China (PBOC, the central bank) is likely to maintain its monetary policy stance, if not tighten it.

Commentary / World Mar 18, 2021

Tax havens are sabotaging the sustainable development

In 2015, Gabriel Zucman estimated that at least $7.6 trillion of the world’s private wealth was held in tax havens, equivalent to 8% of global household financial assets.

Commentary / World Apr 12, 2015

An opportunity for China

For China, accepting lower growth provides a crucial opportunity to support stable and sustainable development.

Commentary / World Feb 10, 2015

China's looming G-20 moment

Chinese President Xi Jinping certainly will not pass up the chance to ensure that the G-20 agenda serves China's interests next year.

Commentary / World Aug 25, 2014

Next time, China might have to face the fire

China's leaders should take advantage of the recent respite from instability and low confidence to redouble their economic reform efforts. Otherwise, they can expect alarm bells to begin ringing again.

Commentary / World Feb 11, 2014

Reviving China's economic rebalancing act

As China remains among the world's poorest countries, with per capita income amounting to less than $7,000, its position as the world's largest exporter of capital signifies a gross misallocation of resources. It should adopt a float exchange-rate regime as soon as possible.

Commentary / World Dec 16, 2013

Long reform march from China's Third Plenum

Although China's leadership succession was completed earlier this year, the policy agenda for the coming decade has only just been revealed at its Third Plenum.