News
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Former PBOC Adviser: Expect US-China Deal in Two Weeks
Former PBOC Adviser David Daokui Li says he expects US and China to reach a trade deal in two weeks. He also says he expects the two sides to find a way to bring tariffs on Chinese goods below 30%. He speaks with David Ingles and Yvonne Man on Bloomberg: the China Show.
2025-05-12 -
Sino-EU cooperation to stabilize global economy
In the face of the United States' sweeping tariffs, enhanced cooperation between China and the European Union serves as a critical counterweight to Washington's unilateral tariff measures, which are disrupting the rules-based global trading system, and provides a stabilizing force for the world economy, analysts said. This year marks the 50th anniversary of China-EU diplomatic ties — a milestone that analysts said Beijing and Brussels should capitalize on to strengthen communications and resolv
2025-05-09 -
Lectures in Government and Economics | Role of the Government in the Research and Application of AI
On May 8, 2025, the Society for the Analysis of Government and Economics (SAGE) hosted an online lecture entitled the Role of the Government in the Research and Application of AI. This lecture was presented by Philippe Aghion, Professor of Economics at the College de France, INSEAD and the London School of Economics. The webinar represented the eighteenth installment in SAGE's Lectures in Government and Economics Series.
2025-05-08 -
How "quality homes" transform China's housing landscape
What defines an ideal home? Perhaps it is gentle morning light streaming through big floor-to-ceiling windows, the comfort of a spacious and well-designed living room filled with laughter or a quiet bedroom that offers sanctuary from the outside world. Among the many architectural elements that shape our living experiences, ceiling height plays a crucial role, affecting everything from air circulation to spatial perception. The 2011 Residential Design Code issued by the Ministry of Housing and
2025-04-21 -
China's unicorn firms gaining ground on international stage
China continues to rise as a key player in the global innovation ecosystem, ranking second globally in the number of unicorn companies and accounting for nearly 30 percent of the world's total, said a newly released report. According to a unicorn enterprise development report released at the Zhongguancun Forum in March, China's unicorn companies are gaining global prominence, with a total of 409 unicorns valued at approximately $1.5 trillion. Unicorns, generally defined as privately held compa
2025-04-14 -
'Spectacle', 'seismic shock': Economists on Trump's tariffs
Li Daokui, one of China's most influential economists, told AFP that Trump's tariffs mainly aimed to squeeze other countries for concessions. It is hard to imagine that there is any other economic policy that can make people around the world, including people in the United States itself, suffer losses at the same time. This is simply a 'spectacle' of failed economic policies, Li said. Both the US government and the US economy will suffer huge losses, said Li, an economics professor at Tsingh
2025-04-08 -
China's domestic consumption can offset tariff risks, economists say
Despite the aggressive reciprocal tariff policy announced by the White House, senior economists believe that China's strong domestic consumption potential and its people-centric investment strategies are well-positioned to offset the risks posed by these tariff hikes. While the Chinese economy faces challenges, the sky is not falling, said Chen Wenling, former chief economist at the China Center for International Economic Exchanges. China's economy is still robust and capable of weathering stor
2025-04-03