Zhang Monan
Zhang Monan is a fellow of the China Information Center, a fellow of the China Foundation for International Studies, and a researcher at the China Macroeconomic Research Platform.
Zhang Monan is a fellow of the China Information Center, a fellow of the China Foundation for International Studies, and a researcher at the China Macroeconomic Research Platform.
China’s economy may be decelerating, but its prospects remain strong, with GDP possibly reaching $10 trillion in 2014. Once it weathers the current rebalancing, it could well be stronger than ever.
Last year, China ostensibly reached another milestone in its meteoric rise: it surpassed the US to become the world’s largest trading country. But this achievement is largely illusory – and should not… read more
Despite China's swelling foreign-exchange reserves – the result of persistent current-account surpluses – market and interbank short-term interest rates are soaring. How did this happen, and what shou… read more
In recent years, easy credit and lopsided policies have generated significant risk in China's banking sector, raising concerns about non-performing loans – particularly those that are hidden from bank… read more
As some developed countries pursue “re-industrialization” and China’s comparative advantage diminishes, China must establish its competitiveness by positioning itself at the top of the global value ch… read more
The market for US Treasury securities is one of the world’s largest and most active debt markets, providing investors with a secure stock of value, while helping to lower America’s debt-servicing cost… read more
China’s government is now attempting fiscal decentralization to revitalize the public-finance position, while adopting financial decentralization to maintain currency stability. Indeed, the quest for … read more
In the coming years, China’s government will have to confront significant challenges to achieve stable, inclusive, and sustainable economic growth. But, with mounting fiscal and financial risks threat… read more
With China feeling the impact of large-scale inflows of short-term capital, the authorities have announced new rules aimed at controlling hot money and reducing external risks. But, while the regulati… read more
