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Jun Zhang

Jun Zhang

Zhang Jun is Director, China Center for Economic Studies, Fudan University, Shanghai.
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  • Inflation Comes to China

    Jun Zhang Series: China Stands Up
    2008-01-29
    SHANGHAI – Macroeconomic conditions in any country are like running water. How large and fast is the flow? Where does it originate and where does it go?... read
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  • China’s Financial Fetish

    Jun Zhang Series: China Stands Up
    2007-01-25
    With the drum beating for the development of the costal areas of Tianjin near Beijing, the curtain seems to be rising on yet another “financial center” in China. When Shanghai sought a similar role several years ago, bankers and investors around the world wondered whether the aim was really for Shanghai to replace Hong Kong as China’s financial heart. In the current pilot project, Tianjin in China’s north and Shanghai in the south are competing against each other, prompting even more second-guessing.... read
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  • The Soft Underbelly of China’s Growth

    Jun Zhang Series: China Stands Up
    2005-11-29
    China’s explosive economic growth hinges on the rest of the world, radically changing the global production chain and challenging the global trading system. If China maintains its growth momentum over the next two decades, the global system will face huge challenges. Indeed, the question is not so much whether the global system will endure the imbalances spawned by China, but how severe those imbalances will prove to be.... read
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  • China’s Exchange-Rate Puzzle

    Jun Zhang Series: Frontiers of Growth
    2005-07-21
    China’s abrupt decision to raise the value of the renminbi (yuan) by 2.1% and to end its peg to the dollar comes after months of pressure from the US. But the revaluation is likely to be a one-time affair and the free floating of the renminbi is probably not real because a stable currency is very much in China’s interest.... read
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