Beijing should err on the side of acceptance rather than denial and make major efforts to avoid the mistakes of Japan
The stock market is likely to remain in the mire until we see convincing economic measures from Beijing
Policymakers are flailing in tackling the problems of its weak blended economy
A new architecture of engagement, based on a Sino-American secretariat, is urgently needed
Just as Russia has cited Nato enlargement to justify its Ukraine invasion, China may see US support for Taipei as a tipping point
Today’s generation of central bankers is afflicted with the same sense of denial that proved problematic in the 1970s
Small steps will be needed to rebuild trust but there are gains to be made on trade and dialogue
A crash is likely given the collapse in US domestic saving and a gaping current account deficit
The death of inflation has been exaggerated and after the pandemic we may need it
The temptation to punish China with tariffs is an example of a misguided approach