Economist David Malpass on China’s Hu Visiting U.S.: AdvisorOne Interview
For perspective on Wednesday’s summit meeting between China and the U.S., AdvisorOne spoke with David Malpass, principal of economic consulting firm Encima Global and a former chief economist of Bear Stearns who has held senior positions in the Treasury and State departments.
China Reserves Raised, Inflation Is Target
In the wake of a bank reserve hike on Friday, the Central Economic Work Conference in China, chaired by President Hu Jintao, ended Sunday with the issuance of a policy statement that shifts toward fighting inflation.
APEC Pushes Free Trade
A second summit meeting, that of the Asia-Pacific Economic Cooperation (APEC) group of 21 nations, held in the wake of the G20 meetings that ended Friday saw a similar tone: the current economic policies of the U.S. were not popular with China.
The Chinese Paradox
Earlier this year, when Chinese president Hu Jintao visited the United States, a political cartoon made rounds in American newspapers. Mr. Hu was shown driving...