NEW HAVEN – At 7.7%, China’s annual GDP growth in the first quarter of this year was slower than many expected. While the data were hardly d…
BEIJING – The debate is over. After six years of weighing the options, China is now firmly committed to implementing a new growth strategy. …
NEW HAVEN – Apparently, policymakers at the Federal Reserve are having second thoughts about the wisdom of open-ended quantitative easing (Q…
NEW HAVEN – Once again, China has defied the naysayers. Economic growth picked up in the final quarter of 2012 to 7.9% – half a percentage p…
NEW HAVEN – The politicization of central banking continues unabated. The resurrection of Shinzo Abe and Japan’s Liberal Democratic Party – …
NEW HAVEN – China’s recent leadership transition was widely depicted as a triumph for conservative hard-liners and a setback for the cause o…
NEW HAVEN – As America’s election season nears its finish, the debate seems to have come unhinged. Nowhere is that more evident than in the …
NEW HAVEN – The wrong medicine is being applied to America’s economy. Having misdiagnosed the ailment, policymakers have prescribed untested…
NEW HAVEN – Concern is growing that China’s economy could be headed for a hard landing. The Chinese stock market has fallen 20% over the pas…
NEW HAVEN – The American consumer is but a shadow of its former almighty self. Personal consumption in the United States expanded at only a …
NEW HAVEN – In September 1998, during the depths of the Asian financial crisis, Alan Greenspan, the United States Federal Reserve’s chairman…
NEW HAVEN – Asian authorities were understandably smug in the aftermath of the financial crisis of 2008-2009. Growth in the region slowed sh…
NEW YORK – For seven years, the United States has allowed its fixation on the renminbi’s exchange rate to deflect attention from far more im…
BEIJING – The first principle that I learned when I started focusing on China in the late 1990’s is that nothing is more important to the Ch…
NEW HAVEN – The austerity debate was the topic du jour at this year’s World Economic Forum in Davos. With good reason. Europe is slipping ba…
NEW HAVEN – Long the most fragmented nation on earth, China is being brought together like never before by a new connectivity. Its Internet …
NEW HAVEN – Today, fears are growing that China and India are about to be the next victims of the ongoing global economic carnage. This woul…
NEW HAVEN – For the second time in three years, global economic recovery is at risk. In 2008, it was all about the subprime crisis made in A…
NEW HAVEN – The United States has a classic multilateral trade imbalance. While it runs a large trade deficit with China, it also runs defic…
NEW HAVEN – China’s economy is slowing. This is no surprise for an export-led economy dependent on faltering global demand. But China’s loom…
NEW HAVEN – The number is 0.2%. It is the average annualized growth of US consumer spending over the past 14 quarters – calculated in inflat…
NEW HAVEN – The Chinese have long admired America’s economic dynamism. But they have lost confidence in America’s government and its dysfunc…
NEW HAVEN – The global economy is in the midst of its second growth scare in less than two years. Get used to it. In a post-crisis world, th…
NEW HAVEN – The China doubters are back in force. They seem to come in waves – every few years, or so. Yet, year in and year out, China has …
NEW HAVEN – Asia needs a new consumer. A post-crisis generation of “zombie consumers” in the United States is likely to hobble growth in glo…