In our latest report, “The Uncertain Economy and The Reshaping of Global Supply Chains The U.S. — China Economic Outlook,” we discuss the key economic challenges both nations face amid increasingly aggressive interest rate hikes, financial instability, and widespread domestic concerns. Looking to...
当前,全球经济正在艰难复苏。IMF预计2023年世界经济增长3.0%,2024年下降至2.9%,其中一个重要理由是中国经济增速将从今年的5.2%降至明年的4.2%。中国经济1个百分点的下降通常会压低世界经济增速0.3个百分点,而IMF预测明年世界经济增速仅降低0.1个百分点,说明排除中国影响的世界经济增长动力是增强的。 近期IMF和WTO都预测...
预计消费价格(CPI)在0到1%之间,生产者价格(PPI)在-1%到0之间,整体物价水平相对2023年有明显提升,消费需求和投资需求进一步回暖。但是,总需求不足依然突出,经济增长内在动力仍然不足,因此仍要把扩大内需作为各项工作重中之重。 第三,就业继续改善。统计数据显示,2023年下半年就业情况相对上半年已有改善。随着经济活动...
Gary Hufbauer, also a nonresident senior fellow at PIIE, told China Daily that he agrees with Lardy's positive evaluation of the state quo and outlook for the Chinese economy. Jack Midgley, the principal of global consultancy Midgley & Co, also expressed optimism about the Chinese economy to C...
In the same time, Yellen expressed concern to senior Chinese officials that there are features of the Chinese economy that have growing negative spillovers on the U.S. and the globe, especially China’s macroeconomic imbalances, namely its weak household consumption and business overinvestment, which...
"The year 2023 has been an uphill battle for China, as the world struggles for growth, the Ukraine crisis drags on and the spillover effect of the abrupt escalation of the Palestinian-Israeli situation keeps growing," Xie said, noting that the relations between China and the US also encounte...
The paper uses an international SVAR model to compare the effects of growth in the US and China on New Zealand, a small commodity exporter economy over 1986 to 2011. • Results show spillovers to New Zealand GDP growth are larger from the US, but China growth induces larger real exchange...
“It’s very clear that China’s economy is on a very soft footing at this moment and in the meantime, we do see there are a lot of bearish sentiments towards China’s economic outlook, as well as the financial market outlook,” said Hao Zhou, senior emerging market economist for Asi...
China remains firmly opposed to the U.S. tech blockade and restrictions on China and sanctions and suppression against Chinese companies, which gravely harm the legitimate rights and interests of Chinese companies, violate market economy principles, undermine international trade rules, and destabilize the...
Failures of Globalization Shatter Long-Held Beliefs About the Economy While the world’s eyes were on the pandemic, the war in Ukraine and China, the paths to prosperity and shared interests have grown murkier. 8 min read Luis Antonio Rojas for The New York Times ...