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BRICS+ Summit Tests the Limits of a Multipolar World

The BRICS+ summit that took place this week in the Russian city of Kazan aimed to showcase the emergence of a more multipolar world. Attendees included the heads of state of member countries (Brazil, Russia, India, China, South...

China’s BRI Bailouts Draw Mixed Reception

Several reports published over the past two weeks shine a light on China’s lending practices abroad, in the context of an ongoing international debt crisis along parts of the BRI. The reports trace the evolution of BRI loans and...

China Banks Pull Out of Meetings in Japan

CDT previously reported on the possible economic strain from the Diaoyu Island dispute between China and Japan. As Chinese surveillance ships arrive in the region, the tensions between the two nations continue to escalate. The...

Yuan Gets More Room to Float

China’s central bank will expand the daily yuan trading band against the dollar. The announcement came after first quarter economic data that China’s gross domestic product growth had slowed to 8.1%.  From China...

CDT Money: Trade Contraction Fuels Concerns

With China continuing to weigh a possible financial lifeline to Europe, the week’s economic news began with a warning from the IMF that prolonged trouble in the eurozone could halve China’s GDP growth in 2012. The...

IMF Cuts China’s 2012 Growth Forecast

While it weighs the possibility of providing financial support to curb the debt crisis in Europe, the IMF warned Monday that China’s economic growth could drop quickly if Europe’s debt situation deteriorates....

China's Rise: To Fear Or Not To Fear?

Bloomberg View columnist Jonathan Alter reflects on a recent trip to China and attempts to diffuse fears of China’s rise by highlighting an emerging outlook of moderation expressed by Chinese experts as their nation...

Europe Turns to China to Bolster Rescue Fund

With the ink drying on a potential agreement to stabilize the European financial markets, the head of the European bailout fund arrived in Beijing on Friday as EU leaders look for China to further tap its reserves in support of...

China’s Fall, Not Its Rise, Is the Real Global Threat

An editorial at Bloomberg Businessweek argues that China’s rise should be less troubling to the West than possible alternatives: In short, China’s export-driven model could fall apart before consumers are able to...

Eight Questions: Living in China’s Shadow

The Wall Street Journal interviews Arvind Subramanian of the Peterson Institute for International Economics about his new book, “Eclipse: Living in the Shadow of China’s Economic Dominance.” The report says about the book:...

It’s China’s World We’re Just Living in It

An article in Newsweek looks at the ways China is trying to rewrite the rules of global engagement: It’s easy to forget that big international bodies like the IMF and the World Bank were created by just a few nations, led...

China Leads Better-Than-Expected Global Recovery

A 10% growth rate in China is helping fuel a global economic recovery, though developed economies such as the U.S. will recover more slowly, the IMF says. From the New York Times: The monetary fund expected growth of 10 percent...

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