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The ‘China Shock’ Of Trade In The 2000s Reverberates In US Politics And Economics

Amitrajeet A. Batabyal ( The Conversation) In December 1978, the Chinese leader Deng Xiaoping introduced economic reforms that dramatically altered China’s economy by strengthening trade and cultural ties with the West. Beginning in the 1990s, these reforms set China on a trajectory to become what it is today: a nation with a dynamic and substantially market-driven economy that is also the world’s second-largest. U.S. residents have enjoyed lower-priced goods exported…


China

China’s September Trade Surplus Rises To $66.6 Billion

Link Securities | China’s General Administration of Customs reported early this morning that the September trade surplus rose to $66.67 billion, up from a consensus expected reading for a $45 billion surplus, and up from a figure of $53.3 billion in August. Dollar exports rose by 28.1% y-o-y, against a consensus reading of 21.5%, and compared with a 25.6% increase in August. Meanwhile, imports rose 17.6 per cent year-on-year, compared…



Governor Zhou counterbalance of President Xi’s

“There Is Not A Motivation For Yuan’s Depreciation To Boost China Net Exports”

W. Shuo, Z. Jiwei and H. Kan | Recently Governor Zhou Xiaochuan had an interview with Caixin and talked about the yuan exchange rate regime reform, macro-prudential policy framework, and other topics. The following is an edited transcript of the interview. Caixin: The central bank convened its system-wide annual work conference in January. We learned that before the Spring Festival, the branch offices were studying the decisions adopted at the…