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Fri, 30 Nov 2007 00:00:00 GMT
U.S. policymakers and presidential hopefuls often express concern over the large and growing U.S.-China trade deficit and propose solutions, including appreciation of the yuan, to help resolve it. Yet, what are the real economic issues underlying the trade deficit and what policies would help successfully resolve it?
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Sat, 22 Sep 2007 00:00:00 GMT
Geng Xiao argues that China’s inflation must be viewed not just as a current monetary issue, but rather as a part of the country’s long-term economic development.
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Mon, 20 Aug 2007 00:00:00 GMT
Geng Xiao addresses concerns that inflation in China has led to a rise in food prices. To solve the current imbalances, he argues, China must allow its interest rates and the prices of its raw materials and energy to adjust to natural market levels. Doing so would increase demand, supply markets’ efficiency, and wage levels.
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Mon, 30 Jul 2007 00:00:00 GMT
In response to China’s growing global current account surplus, Chinese policymakers should focus first on raising the inflation rate and then allow for currency appreciation, argues Xiao Geng.
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Fri, 20 Jul 2007 00:00:00 GMT
Geng Xiao discusses the important role the China Development Bank can play in helping both the Chinese government and market overcome barriers to generating high-efficiency investments.
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Wed, 20 Jun 2007 00:00:00 GMT
Geng Xiao cautions against viewing China’s exchange rate as the primary cause of its trade imbalance, and argues that finding a “correct” nominal exchange rate is in theory and in practice a very difficult task.
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Fri, 08 Jun 2007 00:00:00 GMT
Geng Xiao argues that Hong Kong must work closely with its neighbors in China to attract foreign investment and reduce factor and trading costs if the city is to maintain its competitive edge in the future.
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Thu, 07 Jun 2007 00:00:00 GMT
In a two part article Xiao Geng says the US must look beyond the politics of the Chinese currency debate and to the spirit of the Marshall Plan in order to improve market access for American imports.
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Wed, 23 May 2007 00:00:00 GMT
Geng Xiao argues that the best way to determine how fast the Renminbi should appreciate is not by listening to politicians in Beijing and Washington, but rather to look at the speed of growth in Chinese productivity.
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Tue, 08 May 2007 00:00:00 GMT
Despite its continued unprecedented growth, Geng Xiao argues that the Chinese economy as a whole does not yet show signs of overheating.