The Heat: Chinese Economy and Transnational Partnerships

{
  "authors": [
    "Yukon Huang"
  ],
  "type": "legacyinthemedia",
  "centerAffiliationAll": "dc",
  "centers": [
    "Carnegie Endowment for International Peace"
  ],
  "collections": [],
  "englishNewsletterAll": "asia",
  "nonEnglishNewsletterAll": "",
  "primaryCenter": "Carnegie Endowment for International Peace",
  "programAffiliation": "AP",
  "programs": [
    "Asia"
  ],
  "projects": [],
  "regions": [
    "East Asia",
    "China"
  ],
  "topics": [
    "Economy"
  ]
}

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.

Recent Work

Commentary
Three Takeaways From the Biden-Xi Meeting
- Yukon Huang, Isaac B. Kardon, Matt Sheehan
Commentary
Europe Narrowly Navigates De-risking Between Washington and Beijing
- Yukon Huang, Genevieve Slosberg

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.

More Work from Carnegie Russia Eurasia Center

Commentary
Carnegie Politika
Russia’s Elite Conflict Over Internet Restrictions Does Not Herald Regime Collapse
A much-discussed disagreement over internet restrictions in Russia was never an existential threat for Putin: It was about elite groups protecting their interests.
Alexandra Prokopenko
Commentary
Carnegie Politika
Could Migrants From India and Africa Solve Russia’s Labor Shortage?
The demands of the Kremlin’s war in Ukraine, demographic problems, and public hostility toward Central Asians mean Russia does not have enough workers.
Salavat Abylkalikov
Commentary
Carnegie Politika
Russian Market Sours for Belarusian State Companies
Minsk’s faith in the future of its larger neighbor’s economy is fading as Belarusian firms in Russia see record losses.
Olga Loiko
Commentary
Carnegie Politika
Did Putin Return From China Empty-Handed?
With no key agreement signed on the Power of Siberia 2 gas pipeline, there is a risk that the window of opportunity for Russia will close if Chinese power generation becomes so green that new gas sources are no longer of any interest to Beijing.
Alexander Gabuev
Commentary
Carnegie Politika
In Russia, Private Companies Have Been Left to Pick Up the Tab for Ukrainian Drone Attacks
The cost of air defense has become an unregistered tax on revenue for businesses. While military rents are consolidated in the federal budget, the costs of defense are being spread across the balance sheets of companies and regional governments.
Alexandra Prokopenko

More Work from Carnegie Russia Eurasia Center

Commentary

Carnegie Politika

Russia’s Elite Conflict Over Internet Restrictions Does Not Herald Regime Collapse

A much-discussed disagreement over internet restrictions in Russia was never an existential threat for Putin: It was about elite groups protecting their interests.

Alexandra Prokopenko

Commentary

Carnegie Politika

Could Migrants From India and Africa Solve Russia’s Labor Shortage?

The demands of the Kremlin’s war in Ukraine, demographic problems, and public hostility toward Central Asians mean Russia does not have enough workers.

Salavat Abylkalikov

Commentary

Carnegie Politika

Russian Market Sours for Belarusian State Companies

Minsk’s faith in the future of its larger neighbor’s economy is fading as Belarusian firms in Russia see record losses.

Olga Loiko

Commentary

Carnegie Politika

Did Putin Return From China Empty-Handed?

With no key agreement signed on the Power of Siberia 2 gas pipeline, there is a risk that the window of opportunity for Russia will close if Chinese power generation becomes so green that new gas sources are no longer of any interest to Beijing.

Alexander Gabuev

Commentary

Carnegie Politika

In Russia, Private Companies Have Been Left to Pick Up the Tab for Ukrainian Drone Attacks

The cost of air defense has become an unregistered tax on revenue for businesses. While military rents are consolidated in the federal budget, the costs of defense are being spread across the balance sheets of companies and regional governments.

Alexandra Prokopenko