viernes, 25 de noviembre de 2016

Friday, November 25, 2016

Today's Insight

China's Economy: Great Power, Great Responsibility | Fritz Lodge, The Cipher Brief
Driven by export-led growth and massive state investments in manufacturing and infrastructure, China enjoyed for about 30 years a period of scorching GDP growth at an average of 10 percent a year. However, that growth has now stuttered to roughly seven percent and, as the country’s upward trajectory flattens, wide gaps have begun to emerge in the Chinese economic model.
Expert Commentary

Beijing's Inefficient Economic Policies |
 Scott Kennedy, Deputy Director, Freeman Chair in China Studies, Center for Strategic and International Studies
"If you go to Chinese factories, Chinese companies, you’ll see people working extremely hard, the efficiency of manufacturing has improved, and they have excellent logistics, but capital in China is wasted in monumental proportions. China spends three to four times as much now as it did eight years ago to generate the same amount of GDP growth."

Job Creation in the Age of Globalization: Trump and Xi's Shared Challenge | 
Dennis Wilder, Former Special Assistant to the President and Senior Director for East Asian Affairs, NSC
President-elect Donald Trump and President Xi Jinping have more in common than they currently realize. Both want to make their countries “great again,” and both need to demonstrate that they can create jobs for the large segments of their population that have felt left behind by globalization.