3 Items

Chinese President Xi Jinping smiles at the audience after concluding his speech at the 2017 World Economic Forum in Davos, Switzerland,  January 17, 2017.

Michel Euler (AP)

Analysis & Opinions - The Wall Street Journal

A Better Way to Deal With Beijing

| May 14, 2019

China isn’t a monolith, former World Bank president Robert B. Zoellick writes, and in order to make headway with China, the United States should also pressure the country’s leadership with non-economic means. A deal that opens up trade would be useful, but the U.S. needs a multifront strategy and continuing engagement with China, not a single transaction. America should coordinate with partners—including reformers in China—to change China’s behavior.

How to wean the world off monetary stimulus

commons.wikimedia.org

Analysis & Opinions - Belfer Center for Science and International Affairs, Harvard Kennedy School Financial Times

How to wean the world off monetary stimulus

| January 18, 2016

After seven years of extraordinary governmental stimulus, the world needs a shift from exceptional monetary policies to private sector-led growth. The US Federal Reserve’s increase in interest rates sounded the clarion call. China’s market tribulations highlight deepening global uncertainties and the need for new approaches. Three possible ways to generate growth stand out for 2016.

A Chinese investor looks at prices of shares at a stock brokerage house in Qingdao city, east Chinas Shandong province, September 13, 2013.

AP Images

Analysis & Opinions - The Wall Street Journal

How Emerging Markets Can Get Their Mojo Back

| Sep. 12, 2013

Over the past five years, developing economies have been responsible for over two-thirds of global economic growth. Over the past decade, the share of developed-country exports bought by their developing partners has increased to almost 50% from 25%. In recent years China alone has consumed about half the world's cement, iron ore, steel, coal and lead, lifting commodity prices.