Published in China News on 29.07.2019
The re-emergence of Asia is among the most important shifts that will occur in our lifetimes. Next year, in purchasing power parity (PPP) terms, Asian economies will become larger than the rest of the world combined for the first time since the 19th century. Not only is Asia growing richer; as it becomes more integrated, it is also coalescing as a constructive force for global governance.
Published in China News on 10.07.2019
The changes China’s economy has undergone over the last decade are sweeping, unprecedented, and essential. The world would be far better served by an effort to understand them than by attempting to prove that the country’s achievements are less impressive than they are.
Published in China News on 12.04.2019
The days of 10% annual growth for the Chinese economy have ended, as was inevitable. But there is good reason to believe that the real story is not the slowdown, but the shift in Chinese output from quantity to quality.
Published in China News on 12.01.2012
To some extent, the upward pressure on export prices is likely to persist in 2012. While weakening demand in overseas markets will translate into downward price pressure on Chinese exports, the continued rise in labour costs on the Chinese mainland, an unremitting revaluation of the RMB and the still-high prices of crude oil and certain… » read more
