Skip to main content
Access provided by

Curated by Project Syndicate

China’s Challenges

37 commentaries

The Chinese authorities' grand policy pronouncements of recent months have given rise to serious concerns about President Xi Jinping's ability to overcome the powerful vested interests that are impeding economic rebalancing and long-term growth. Can China sustain its rapid economic and political rise, or will domestic malaise undermine its regional and global ambitions?

Sort by: Show:
  1. The Perils of Financial Freedom
    ChinaBankofChina_Liu Tao_Flickr Liu Tao/Flickr

    The Perils of Financial Freedom

    May 9, 2014 Adair Turner warns that full liberalization of China's bank sector could lead to another global crisis.

  2. Russia and the Silk Road Approach
    PutinXiG20meeting_Host Photo Agency_g20russia.ru Host Photo Agency/g20russia.ru

    Russia and the Silk Road Approach

    May 6, 2014 Ana Palacio emphasizes the economic and security benefits of China's latest initiative.

  3. China is Still Number Two
    ObamaXiOvalOffice_White House Photo_Pete Souza White House Photo/Pete Souza

    China is Still Number Two

    May 5, 2014 Jeffrey Frankel pours cold water on the claim that the US economy has been surpassed.

  4. Global Ground Zero in Asia

    Global Ground Zero in Asia

    Apr 30, 2014 Nouriel Roubini says that if the global order blows up, the detonation will occur in Asia.

  5. Reimagining China’s Urban Future

    Reimagining China’s Urban Future

    Apr 30, 2014 Bert Hofman highlights the institutional reforms needed to keep migration on track and inequality in check.

  6. Asia’s Giants Under New Management

    Asia’s Giants Under New Management

    Apr 21, 2014 Kishore Mahbubani assesses the enormous global impact implied by leadership shifts in India, Indonesia, and China.

Our Pick

Featured

  1. rajan82_BRENDAN SMIALOWSKIPOOLAFP via Getty Images_jeromepowell Brendan Smialowski/Pool/AFP via Getty Images
    0

    The Fed’s Role in the Bank Failures

    Raghuram G. Rajan & Viral V. Acharya

    There are four reasons to worry that the latest banking crisis could be systemic. For many years, periodic bouts of quantitative easing have expanded bank balance sheets and stuffed them with more uninsured deposits, making the banks increasingly vulnerable to changes in monetary policy and financial conditions.

     show how the US central bank's liquidity policies created the conditions for runs on uninsured deposits.
  2. velasco135_Nancy LaneMediaNews GroupBoston Herald via Getty Images_bank run Nancy Lane/MediaNews Group/Boston Herald via Getty Images
    0

    Policymakers Keep Solving the Wrong Banking Problem

    Andrés Velasco

    When a bank fails, the first response by policymakers and the public is to blame risk-loving speculators, greedy investors, or regulators asleep at the wheel. But quenching our thirst for moral adjudication is a poor basis for policy, because the truth is both simpler and more troubling.

     argues that recent market turmoil has revealed that the sector’s main vulnerability is unavoidable.
  3. ito25_Chip SomodevillaGetty Images_yellen Chip Somodevilla/Getty Images
    0

    An Insolvency Iceberg?

    Takatoshi Ito considers the risk that other banks will experience liquidity problems as interest rates continue to rise.
  4. skidelsky185_Wiktor SzymanowiczAnadolu Agency via Getty Images_jeremyhunt Wiktor Szymanowicz/Anadolu Agency via Getty Images
    0

    Can Governments Still Steer the Economy?

    Robert Skidelsky explains why international finance and geopolitics make it harder to influence major performance indicators.
  5. sinn109_ DANIEL ROLANDAFP via Getty Images_financial crisis DANIEL ROLAND/AFP via Getty Images
    3

    Accounting for Casino Capitalism

    Hans-Werner Sinn draws parallels between recent bank collapses and the late-nineteenth-century “founders’ crash.”
  6. zadek25_ FABRICE COFFRINIAFP via Getty Images_creditsuisseUBS Fabrice Coffrini/AFP via Getty Images
    0

    Who Should Be Bailed Out Next?

    Simon Zadek urges rich-country governments to aid debt-distressed poor countries as urgently as they have their failing banks.
  7. callegari1_Getty Images_crowd population Getty Images
    0

    The Population Boon

    Beniamino Callegari & Per Espen Stoknes correct popular myths about the threat of demographic growth to sustainable development.
  8. songwe8_NIPAH DENNISAFP via Getty Images_ghana NIPAH DENNIS/AFP via Getty Images
    0

    Where Is the Global South’s Rescue Brigade?

    Vera Songwe decries the unequal responses to liquidity crises in Silicon Valley compared to the developing world.
  9. slaughter96_melitasGetty Images_cooperative melitas/Getty Images
    3

    Beyond Industrial Policy

    Anne-Marie Slaughter & Elizabeth Garlow make the case for an economic strategy that prioritizes shared prosperity over competition.

Edit Newsletter Preferences

Set up Notification

To receive email updates regarding this {entity_type}, please enter your email below.

If you are not already registered, this will create a PS account for you. You should receive an activation email shortly.