The Heat: Chinese Economy and Transnational Partnerships

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In The Media

The Heat: Chinese Economy and Transnational Partnerships

In China, there is not always a significant division between those who regulate the economy and those who champion economic growth.

By Yukon Huang

Published on Jul 16, 2015

Source: CCTV

Carnegie’s Yukon Huang appeared on CCTV to talk about the recent downturn of China’s stock market and the controls that regulators put in place to stabilize the market. Huang said that while the controls are currently stabilizing the market, what will happen after the controls are lifted can only be speculated. He characterized the controls as draconian, saying that they are effectively not allowing people to sell shares and only encouraging people to buy shares.

Huang said that in China there is not as much of a division between those who regulate the economy and those who champion economic growth. He concluded that investors should expect higher stock markets in the future.

This interview was originally broadcast by CCTV.

About the Author

Yukon Huang

Senior Fellow, Asia Program

Huang is a senior fellow in the Carnegie Asia Program where his research focuses on China’s economy and its regional and global impact.

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Economy East Asia China

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

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