While China is unlikely to have a debt crisis, it will face more difficulties when making the adjustment as debt accumulates. A strong leadership may then be required to implement necessary reforms.
During U.S. President Donald Trump’s visit to China, U.S. officials will be looking to see what Chinese President Xi Jinping’s speech to the 19th Party Congress means for solving security issues and growing the global economy.
Very large persistent surpluses and deficits are almost always the result of distorted policies in one or more countries.
The upcoming U.S.-China Comprehensive Economic Dialogue will be a meeting characterized by many contrasts.
Political and economic trends point to increased protectionist sentiment in the United States and heightened tensions between the United States and China.
Potential difficulties might arise during the negotiations on Britain’s withdrawal from the EU, but the 27 remaining EU member states will speak with one voice.
Large concentrations of capital into a single market can eventually lead to a debt crisis and rising unemployment, making large infrastructure investment a necessity in both the United States and Europe.
After a period of uncertainty, the Trump administration is now pursuing a more pragmatic policy toward China, at least with regards to the One China policy.
The prospects for the Trans-Pacific Partnership look dim in the face of a Trump administration, which may open opportunities for China to take the lead in the Pacific region.
The Trans-Pacific Partnership is a necessary condition for the United States to establish a market-oriented and open regional economic order in the Asia-Pacific.