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Shang-Jin Wei
By Shang-Jin Wei - Feb 22,2022
NEW YORK — On February 21, 1972, Richard Nixon became the first US president to visit the People’s Republic of China, setting in motion a process that would end China’s decades-long isolation and kick-start the emergence of a modern, dynamic economy.
By Shang-Jin Wei - Dec 04,2021
NEW YORK — When Tesla CEO Elon Musk promoted the Dogecoin and Bitcoin cryptocurrencies, their prices shot up. While some countries are taking a wait-and-see attitude towards private digital money, El Salvador has embraced Bitcoin as an official currency.
By Shang-Jin Wei - Nov 20,2021
NEW YORK — In early 2021, the consensus forecast for Chinese GDP growth this year among 25 major global banks and other professional forecasters was 8.3 per cent.
By Shang-Jin Wei - Nov 07,2021
NEW YORK — As US inflation continues to accelerate, with consumer prices increasing 5 per cent year on year in May, it is not only the US Federal Reserve that needs to remain vigilant.
By Shang-Jin Wei - Oct 03,2021
NEW YORK — Many have attributed the recent decline in major global stock market indices to concerns about the heavily indebted Chinese property development group Evergrande.
By Shang-Jin Wei - Jul 27,2021
NEW YORK — Chinese firms are more enthusiastic than most about listing on US stock exchanges.
By Shang-Jin Wei - Jul 25,2021
NEW YORK — As US inflation continues to accelerate, with consumer prices increasing 5 per cent year on year in May, it is not only the US Federal Reserve that needs to remain vigilant.
By Shang-Jin Wei - Apr 05,2021
NEW YORK — Over the course of his presidency, Donald Trump raised US tariffs on imports from China several times, from an average of about 3 per cent when he took office in January 2017 to over 20 per cent by the end of 2019.
By Shang-Jin Wei - Mar 03,2021
NEW YORK — As US President Joe Biden’s proposed $1.9 trillion economic stimulus package works its way through Congress, former treasury secretary Lawrence Summers (a Democrat) and many Republicans argue that the plan is too big.
By Shang-Jin Wei - Dec 19,2020
NEW YORK — China’s pledge in September to pursue carbon neutrality by 2060 was followed by a similar pledge from Japan a month later.
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