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Unlike the West, where former US President George H.W. Bush once mockingly referred to “the vision thing, ” China takes economic strategy very seriously....
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In what could well be a final act of desperation, central banks are abdicating effective control of the economies they have been entrusted to...
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The prospect of an economic meltdown in China has been sending tremors through global financial markets at the start of 2016. Yet such fears...
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NEW HAVEN – By now, it’s an all-too-familiar drill. After an extended period of extraordinary monetary accommodation, the US Federal Reserve has begun the...
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Structural change and rebalancing are formidable undertakings for any economy. China has been focused on these objectives for five years – seeking to transform...
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BEIJING – Fixated on inflation targeting in a world without inflation, central banks have lost their way. With benchmark interest rates stuck at the...
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Increasingly reliant on each other for sustainable economic growth, the United States and China have fallen into a classic codependency trap, bristling at changes...
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NEW HAVEN – There are many moving parts in China’s daunting transition to what its leaders call a moderately well-off society. Tectonic shifts are...
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Market manipulation has become standard operating procedure in policy circles around the world. All eyes are now on China’s attempts to cope with the...
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In the late 1980s, there was intense debate about the so-called productivity paradox – when massive investments in information technology (IT) were not delivering...