-
Mon, 30 Nov 2009 09:00:00 GMT
Event Information:
- November 30, 2009, 9:00 AM to 12:00 PM
The world and China’s place in it have transformed over the past year in response to pressure from the most severe global financial crisis in decades. While the economic crisis accelerated China’s emergence as a global superpower, it has yet to fully assess the consequences of its new position on the world stage. On November 30, Brookings and the Australian National University will co-host a discussion on China’s emerging position as a global power.
-
Tue, 24 Nov 2009 17:09:47 GMT
The U.S. and the international community face great challenges in the 21st century—globalization offers more freedom and prosperity, but also new threats to our security. The Foreign Policy Studies scholars and research help policymakers and the public address these crucial issues.
-
Mon, 23 Nov 2009 15:51:51 GMT
The John L. Thornton China Center develops timely, independent analysis and policy recommendations to help U.S. and Chinese leaders address key long-term challenges, both in terms of U.S.-China relations and China's internal development.
-
Wed, 11 Nov 2009 00:00:00 GMT
While the economic entanglements between the U.S. and China have increased over the last decade, so has the tension. With President Obama visiting China and other Asian nations, Brookings expert Eswar Prasad and Grace Gu of Cornell University discuss the tightening embrace between the two countries—in terms of flows of goods and services, financial capital and people—and the implications.
-
Tue, 10 Nov 2009 00:00:00 GMT
As President Obama prepared for his first visit to China, expectations were high for growth in the U.S.-China relationship. In this Northeast Asia Commentary written prior to the president's visit, Nonresident Senior Fellow David Shambaugh analyzes today’s political and economic landscape in China. Shambaugh currently serves as a Senior Visiting Fulbright Scholar at the Institute of World Economics and Politics, a division of the China Academy of Social Sciences in Beijing.
-
Wed, 04 Nov 2009 12:30:00 GMT
Event Information:
- November 04, 2009, 12:30 PM to 1:30 PM
China’s continued ascension presents policy challenges for both Beijing and Washington. President Barack Obama made his first trip to China from November 15-18. Kenneth Lieberthal and Fred Barbash, Politico's senior editor, took questions about the president’s trip to China in this edition of the Scouting Report.
-
Wed, 16 Sep 2009 14:51:33 GMT
The Brookings-Tsinghua Center, a project of the John L. Thornton China Center, is operated in partnership with Tsinghua University. The Center brings together Chinese and American scholars to sharpen thinking about, research on, and understanding of public policy issues raised by China's emergence.
-
Mon, 14 Sep 2009 00:00:00 GMT
The Obama administration's decision to impose tariffs on imports of Chinese tires has been met with a swift and sharp response by China. Eswar Prasad discusses the implications of protectionist measures and warns this U.S.-China spat could have global consequences.
-
Sun, 02 Aug 2009 00:00:00 GMT
Eswar Prasad argues that a key component in restoring overall global financial health is to fix growth imbalances in Asia's emerging markets, especially China's excessive dependence on export- and investment-led growth. Prasad encourages financial market development in China to increase private consumption to make growth more balanced and thus help stabilize the world financial and economic systems.
-
Tue, 21 Jul 2009 00:00:00 GMT
While the financial crisis slowed the pace of foreign exchange reserve accumulation in late 2008, growth has recently taken off again. China announced its stock of reserves crossed the astounding milestone of $2 trillion this spring. Eswar Prasad and Isaac Sorkin analyze the sources and patterns of reserve accumulation and examine what implications this reserve buildup has for the Chinese and global economies.
-
Thu, 16 Jul 2009 09:43:12 GMT
Kenneth Lieberthal, a noted expert on China, is joining the Brookings Institution as a senior fellow and director of the John L. Thornton China Center, President Strobe Talbott announced.
-
Tue, 14 Jul 2009 09:30:00 GMT
Event Information:
- July 14, 2009, 9:30 AM to 5:00:00 PM
- July 15, 2009, 9:00 AM to 12:15 PM
On July 14 and 15, the Center for Northeast Asian Policy Studies (CNAPS) at Brookings and the Institute of International Relations (IIR) at Taiwan’s National Chengchi University hosted leading experts from Taiwan and the United States for the 38th Taiwan-U.S. Conference on Contemporary China.
-
Mon, 13 Jul 2009 00:00:00 GMT
Cheng Li joined the Australian Broadcasting Corporation to discuss the arrest of Rio Tinto executive Stern Hu and the need to understand the continually increasing business opportunities in China.
-
Tue, 09 Jun 2009 00:00:00 GMT
The political handling of the ongoing U.S.–China trade disputes is critically important both to the international trade system and the long-term relevance of the WTO. In an article in the Fletcher Forum of World Affairs, Chad P. Bown explains what to expect from both sides and which issues are likely to emerge along the way.
-
Thu, 28 May 2009 00:00:00 GMT
U.S. Treasury Secretary Timothy Geithner's first trip to China will feature a range of discussions about global economic issues and the U.S.-China economic relationship. Eswar Prasad outlines some of the critical agenda items and the broader challenges facing these two closely intertwined economies.
-
Thu, 14 May 2009 00:00:00 GMT
Throughout the 1990s, China’s official media referred to Shanghai as the “head of the dragon" because of its pivotal role in rapid economic growth across China. The term became less common as a balanced regional development strategy took over under Hu Jinto. Cheng Li examines the issue as China once again—this time pushed by the global economic crisis—sets sights on making Shanghai a "global financial and shipping center.”
-
Wed, 08 Apr 2009 00:00:00 GMT
Though China’s economy is continuing to grow, the global economic crisis is contributing to rising unemployment there and increasing the potential for instability. Former CNAPS Visiting Fellow Ray Yep writes that the Chinese government is unlikely to heed calls for political reform in this climate, but will seek to soothe the discontented by economic means.
-
Thu, 26 Feb 2009 00:00:00 GMT
In a book review of "China’s Great Economic Transformation," edited by Loren Brandt and Thomas Rawski, Eswar Prasad focuses on critical questions about China's growth rates in recent years, including whether China has changed the laws of economics.
-
Thu, 26 Feb 2009 00:00:00 GMT
In an interview in the Straits Times, Wing Thye Woo discusses China's growth prospects during the global financial crisis, including the potential for sustainable development, and issues related to China’s currency valuation and current account surpluses.
-
Tue, 17 Feb 2009 00:00:00 GMT
As the economies of the U.S. and China both struggle under the global recession, what is the future of the U.S.-China economic relationship and how will both countries respond to invigorate economic growth? In testimony to the U.S.-China Economic and Security Review Commission, Wing Thye Woo details challenges for both economies and proposes effective policy responses.
-
Tue, 17 Feb 2009 00:00:00 GMT
A financial meltdown in China promises to test the Communist Party’s power in ways not seen since Tiananmen. But theirs is a house divided, as princelings take on populists and Pekinologists try to make sense of it all. Will this team built for economic success implode once the money dries up? Cheng Li explores these issues and more.
-
Tue, 17 Feb 2009 00:00:00 GMT
As the economies of the U.S. and China both struggle under the global recession, what is the future of the U.S.-China economic relationship and how will both countries respond to invigorate economic growth? In testimony to the U.S.-China Economic and Security Review Commission, Eswar Prasad details challenges for both economies and proposes effective policy responses.
-
Tue, 10 Feb 2009 00:00:00 GMT
Little attention has been given to the impact of the economic crisis on China’s national defense, or to its potential impact on the Chinese People’s Liberation Army’s (PLA). In this Brookings Northeast Asia Commentary, Kristen Gunness examines the effects of the economic environment on the PLA in three particular areas: the defense budget, domestic unrest, and civil-military relations.
-
Thu, 05 Feb 2009 10:00:00 GMT
Event Information:
- February 05, 2009, 10:00 AM to 11:45 AM
The John L. Thornton China Center at Brookings hosted a discussion on overcoming obstacles to U.S.-China cooperation on climate change, focusing on ways in which cooperation can gain sustained political support in both countries. Brookings experts Kenneth Lieberthal and David Sandalow present the findings of their recent report, which identifies key obstacles, provides information about each country for the leadership of the other and makes nine recommendations.
-
Fri, 30 Jan 2009 00:00:00 GMT
Is recent sparring between the U.S. and China over currency manipulation a foreshadowing of future economic relations? Eswar Prasad instead proposes a solution: a new “grand bargain” between China and the U.S. for economic cooperation across fiscal and monetary policy, currency flexibility and governance reform at multilateral financial institutions.
-
Tue, 13 Jan 2009 09:30:00 GMT
Event Information:
- January 13, 2009, 9:30 AM to 5:15 PM
On January 13, the John L. Thornton China Center and CAIJING Magazine will host a symposium on the challenges ahead for China in a faltering global economy.
-
Sat, 10 Jan 2009 08:30:00 GMT
Event Information:
- January 10, 2009, 8:30 AM to 5:30 PM
As the global financial crisis continues to impact economic growth predictions for countries around the globe, there is considerable debate about how the crisis will impact China’s growth trajectory and how Chinese policymakers will adapt to ensure a sustained trajectory. In early January 2009, leading policymakers from the U.S. and China, as well as Brookings experts Wing Thye Woo and Xiao Geng, gathered in Beijing to discuss the economic prospects for China in the years ahead, and to examine how growth challenges and opportunities will affect energy and climate change policies, trade, and Sino-U.S. relations.
-
Tue, 06 Jan 2009 00:00:00 GMT
January 1 marked the 30th anniversary of the establishment of diplomatic relations between the People's Republic of China and the United States. David Shambaugh writes that after three often rocky decades of interaction, the United States and China seem to have settled into a "mature marriage."
-
Thu, 01 Jan 2009 00:00:00 GMT
Amid the global financial crisis and its strong impact on the Chinese economy, the Party leadership has embarked on another land reform plan. This ambitious development plan promises to give farmers more rights and market incentives that will encourage them to subcontract and transfer land and give incentives for surplus rural laborers to move to urban areas. Cheng Li's preliminary study of the launch of Hu Jintao’s land reform aims to shed light on the program.
-
Wed, 31 Dec 2008 00:00:00 GMT
2007-2008 Federal Executive Fellow Jeffrey Haymond writes that the probability a currency attack on the dollar is low but plausible and potentially devastating. Haymond addresses how such an attack might be carried out and what can be done to prevent it.
-
Tue, 30 Dec 2008 00:00:00 GMT
In China, the household savings rate rose by 7 percent from 1995 to 2005, reflecting savings of about one quarter of disposable income. Why are Chinese households saving so much across all demographic groups? In a new paper, Eswar Prasad and Marcos Chamon analyze the savings patterns of households in China and discuss the economic drivers.
-
Thu, 04 Dec 2008 00:00:00 GMT
As the U.S. and China gather in Beijing for their twice yearly Strategic Economic Dialogue meetings, Eswar Prasad examines the U.S.-China economic relationship, key issues and the potential future of the economic dialogue that was created by Secretary Paulson.
-
Tue, 21 Oct 2008 14:08:24 GMT
Eswar Prasad, an expert on financial globalization and emerging markets, with a specific focus on China and India, has joined the Brookings Institution as a senior fellow, Strobe Talbott announced today.
-
Fri, 10 Oct 2008 00:00:00 GMT
As President-Elect Obama prepares to lead the United States, what are the top global economic challenges facing the new president and his advisors and how should the new administration address them? A new report by Brookings global economic and development experts ranks the top 10 issues and details specific ideas for how to tackle the toughest challenges.
-
Wed, 24 Sep 2008 00:00:00 GMT
As the U.S. financial crisis continues to unfold, what is the likely impact on emerging markets, such as China, India and Brazil? Eswar Prasad and M. Ayhan Kose release new research examining economic decoupling between industrial and emerging markets and discuss the likely effects of the crisis.
-
Thu, 18 Sep 2008 13:45:00 GMT
Event Information:
- September 18, 2008, 1:45 PM to 5:00 PM
On September 18, experts from the Brookings Institution, the Earth Institute of Columbia University and the Academy of Macroeconomic Research under the National Development and Reform Commission of China discussed China’s economic outlook within the context of climate change, the potential for alternative energy use in China and the specifics of China’s greenhouse gas emissions challenges and water crisis.
-
Wed, 27 Aug 2008 00:00:00 GMT
In “What Does a Free Trade Area of the Asia-Pacific Mean to China,” the latest installment of the Brookings Global Economy and Development working paper series, Tingsong Jiang, Senior Economist at the Centre for International Economics in Australia, and Warwick J. McKibbin, Nonresident Senior Fellow in Global Economy and Development, assert it is in China’s interest to actively liberalize trade in the Asia-Pacific region.
-
Thu, 07 Aug 2008 15:08:23 GMT
China has enjoyed significant economic growth and become a major global actor. Wing Thye Woo notes that China’s economic muscle, driven by infrastructure and exports, is probably safe from a short-term global recession. But a longer recession could threaten China's ability to modernize its industries.
-
Mon, 21 Jul 2008 00:00:00 GMT
Climate change may be the key obstacle in preventing China from reaching equivalent living standards with the Western world. Warwick McKibbin, Peter Wilcoxen, and Wing Thye Woo analyze the future of international climate change agreements and offer recommendations on how to engage China, continue growth and establish an effective framework.
-
Wed, 02 Jul 2008 00:00:00 GMT
The threat of high inflation is plaguing many countries, including China, which must balance its long-term goal of sustained and strong economic growth with policies to tame inflation. Wing Thye Woo offers recommendations on how to balance these competing demands.
-
Fri, 20 Jun 2008 00:00:00 GMT
China expert Cheng Li writes about the future of China as a world power. He argues that in order for the country to continue rising to prominence, Chinese leaders will have to realize it is dependent on further adaption to global governance norms like openness and the rule of law.
-
Wed, 28 May 2008 09:00:00 GMT
Event Information:
- May 28, 2008, 9:00 AM to 10:30 AM
On May 28, 2008, Angus Maddison presented his recent findings published in the second edition of Chinese Economic Performance in the Long Run. Maddison discussed his analysis of the six major transitions in Chinese history, beginning with the transformation under the Sung Dynasty and ending in his predictions for the future of China’s economy.
-
Mon, 07 Apr 2008 09:30:00 GMT
Event Information:
- April 07, 2008, 9:30 AM to 4:30 PM
The 11th National People’s Congress in March 2008 completed the transition to the second term of the Hu Jintao-Wen Jiabao administration, making important changes in China’s party, government and military hierarchies. On April 7, the John L. Thornton China Center at Brookings and the Hoover Institution at Stanford University hosted a conference to examine what these changes mean for politics and policy in Beijing.
-
Mon, 17 Mar 2008 00:00:00 GMT
China’s political landscape is changing rapidly. Nowhere is this more evident than in Guangdong today, where all three of the top leadership posts have recently been transferred into the hands of Hu Jintao’s protégés. Cheng Li analyzes the situation in Guangdong and what it may mean for the state of political reforms across the country.
-
Mon, 03 Mar 2008 00:00:00 GMT
Following political transitions resulting from China's 17th Party Congress and 11th National People's Congress, Cheng Li argues the country’s new economic leadership team will need to work together to balance China’s economic growth with its sociopolitical challenges.
-
Fri, 22 Feb 2008 13:42:56 GMT
China is an economic powerhouse, a key member of the United Nations Security Council and a world leader that continues to expand its influence. Richard C. Bush III says now is the time for the United States to embrace a strategy of engagement with China.
-
Fri, 11 Jan 2008 08:00:00 GMT
Event Information:
- January 11, 2008, 8:00 AM to 11:30 AM
The morning after the South Carolina GOP debate, and just a week before the state’s Republican presidential primary, Brookings, The Post and Courier, South Carolina ETV and the College of Charleston hosted an Opportunity 08 forum featuring national economic policy experts and leading political analysts.
-
Tue, 08 Jan 2008 13:30:00 GMT
Event Information:
- January 08, 2008, 1:30 PM to 5:30 PM
On January 8, the John L. Thornton China Center and CAIJING Magazine hosted a symposium on China’s economy and its implications for the global economy. A distinguished panel of leading economists and China experts analyzed and discussed the policy options that would enable sustained high growth of the Chinese and global economy.
-
Mon, 17 Dec 2007 12:00:00 GMT
Event Information:
- December 17, 2007, 12:00 PM to 2:00 PM
On December 17, participants engaged in a comprehensive and in-depth discussion on the future direction of China’s economy and capital markets, from these four perspectives: the listing of Chinese companies in foreign exchanges, the importance of China’s economy and capital markets to the world, global inflation, and the current state and prospect of the A- and H-share markets.
-
Thu, 06 Dec 2007 12:00:00 GMT
Event Information:
- December 06, 2007, 12:00 PM to 12:00
Brookings recently hosted leading economists for a discussion on the breadth and depth of sovereign wealth funds and potential regulation.
-
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?
-
Thu, 29 Nov 2007 12:00:00 GMT
Event Information:
- November 29, 2007, 12:00 PM to 2:00 PM
In late November of 2007, scholars and students of Northeast Asia gathered at Tsinghua University for a seminar sponsored by the Brookings-Tsinghua Center and the Center for Northeast Asian Policy Studies. CNAPS Visiting Fellow alumni from China, Hong Kong, Japan, Russia, South Korea and Taiwan presented their views on China’s relations with the region and regional perceptions of China at this public event.
-
Mon, 05 Nov 2007 00:00:00 GMT
Geng Xiao argues that Chinese policymakers need to invest more material resources and human capital to improve the efficiency of government financing of social services.
-
Thu, 18 Oct 2007 00:00:00 GMT
Noting widespread concern in Washington over the large and growing U.S.-China trade deficit, Brookings Scholar Wing Thye Woo discusses solutions to the present trade tensions.
-
Tue, 09 Oct 2007 08:00:00 GMT
Event Information:
- October 09, 2007, 8:00 AM to 2:45:00 PM
-
Fri, 05 Oct 2007 19:07:49 GMT
News Release (9/13/06)
-
Tue, 02 Oct 2007 10:30:00 GMT
Event Information:
- October 02, 2007, 10:30 AM to 12:00 PM
The increasing momentum in East Asian community building has raised questions about China’s role within the region. Since the 1990s China has redefined its approach toward regionalism and foreign policy in line with its rising soft power, resulting in new sets of opportunities and challenges for the future. Richard Hu discusses China’s evolving approach toward regional integration.
-
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.
-
Sat, 15 Sep 2007 00:00:00 GMT
Carlos Pascual and Richard Bush argue that China should not fear Taiwan’s democracy saying “Chinese moderation can produce the positive outcome it most desires from Taiwan's democracy: that the Center prevails and holds.”
-
Thu, 30 Aug 2007 00:00:00 GMT
Geng Xiao says development of China’s financial sector would help maintain a stable rate of inflation, and prepare the Chinese economy for measured currency revaluation.
-
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.
-
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.
-
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.
-
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.
-
Wed, 20 Jun 2007 12:00:00 GMT
Event Information:
- June 20, 2007, 12:00 PM to 12:00
On June 20, 2007 the International Poverty Reduction Center in China (IPRCC) together with the Wolfensohn Center for Development at the Brookings Institution, held a workshop entitled "Scaling Up Poverty Reduction in China: Progress, Impact, and Lessons for Developing Countries." The purpose of the workshop was to provide an informal forum for Chinese policymakers, researchers, and representatives of international organizations to exchange views, experiences, and the results of their work.
-
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.
-
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.
-
Fri, 01 Jun 2007 00:00:00 GMT
For countries to engage successfully in the international trading system, their industries, firms, and workers must respond continually to new conditions of competition.
-
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.
-
Tue, 22 May 2007 00:00:00 GMT
Wing Thye Woo says “if the Chinese economy is depicted as a speeding car, then are three classes of failures that could result in a car crash: (1) hardware failure, (2) software failure, and (3) power supply failure.”
-
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.
-
Wed, 28 Feb 2007 00:00:00 GMT
China’s growth in economic and military power has presented both challenges and opportunities to U.S.-China relations and to the global economy. In an Opportunity 08 paper, Lael Brainard and Wing Thye Woo examine five elements to a successful approach to trade with China.
-
Fri, 01 Dec 2006 00:00:00 GMT
The 6th Plenum of the 16th Central Committee of the Communist Party of China (CPC) concluded on October 11, 2006 with the passage of a resolution to establish a harmonious society by 2020. The obvious implication from this commitment is that the present major social, economic and political trends within China might not lead to a harmonious society or, at least, not lead to a harmonious society fast enough.
-
Thu, 20 Apr 2006 00:00:00 GMT
Opinion by Erik Berglof, International Herald Tribune (4/20/06)
-
Thu, 29 Dec 2005 00:00:00 GMT
A paper by Wing Thye Woo
-
Thu, 15 Dec 2005 00:00:00 GMT
Paper by Eswar Prasad and Shang-Jin Wei, China at Crossroads Conference (December 15, 2005)
-
Tue, 26 Jul 2005 00:00:00 GMT
-
Wed, 01 Jun 2005 00:00:00 GMT
Article by Warwick J. McKibbin and Andrew Andrew Stoeckel, Economic Scenarios (June 2005)
-
Wed, 01 Dec 2004 00:00:00 GMT
Article by Warwick J. McKibbin and Andrew Stoeckel (12/2004)
-
Wed, 01 Dec 2004 00:00:00 GMT
Article by Warwick J. McKibbin and Andrew Stoeckel, Economic Scenarios (December 2004)
-
Thu, 14 Oct 2004 00:00:00 GMT
Event Information:
- October 14, 2004 at 12:00 AM
-
Sun, 01 Feb 2004 00:00:00 GMT
Paper by Warwick J. McKibbin and Wing Thye Woo (02/04)