Why Worry About China?
on July 9, 2015
The Chinese government has stepped in to the market, the police are involved, and short selling is under fire.
The Chinese government has stepped in to the market, the police are involved, and short selling is under fire.
Within 30 minutes of the NYSE shutdown, the word spread on the Chinese Internet, and jokes came pouring in on China’s Twitter-like microblogging platform Weibo.
Li Shuo is the Global Policy Advisor for Greenpeace East Asia. He oversees Greenpeace’s work on air pollution, water, and renewable energy. Internationally, he coordinates the organization’s engagement with the United Nations climate negotiation (UNFCCC). Li studied Sino-U.S. relations at the Hopkins Nanjing Center. He was an Alexander von Humboldt Fellow focusing on E.U.-China climate cooperation.
Wang Jisi is President of the Institute of International and Strategic Studies, Peking University, and professor at the School of International Studies, Peking University. He has been a member of the Foreign Policy Advisory Committee of the Foreign Ministry of China since October 2008, and is honorary president of the Chinese Association for American Studies. He is currently a Global Scholar at Princeton University (2011-2015).
After working as a laborer in the Chinese countryside in 1968-78, Wang entered Peking University in 1978 and obtained an MA degree there in 1983. He taught in Peking University’s Department of International Politics (1983-91), and then served as director of the Institute of American Studies at the Chinese Academy of Social Sciences (1992-2005). He was dean of the School of International Studies, Peking University (2005-2013). He was concurrently president of the Institute of International Strategic Studies at the Central Party School of the Communist Party of China from 2001 to 2009.
Wang was a visiting fellow or visiting professor at Oxford University (1982-83), University of California at Berkeley (1984-85), University of Michigan at Ann Arbor (1990-91), and Claremont McKenna College in California (2001). He advises U.S. foreign policy think tanks, and is on the editorial boards of The American Interest, Global Asia, and many Chinese scholarly journals.
Professor Wang’s scholarly interests include U.S. foreign policy, Chinese foreign policy, and Asian security. He has published numerous works in these fields, including Guoji Zhengzhi de Lixing Sikao (Rational Reflections on International Politics, 2006), Sanshinian Shijie Zhengzhi Bianqian (World Politics in Transition: 1979-2009, co-editor, 2012) and Addressing U.S.-China Strategic Distrust (co-authored with Kenneth Lieberthal). His article “China’s Search for Grand Strategy” was published in Foreign Affairs (March/April, 2011). “Dong Xi Nan Bei, Zhongguo Juzhong” (East and West, North and South, China is in the Middle: A Grand Strategic Chessboard) was published in World Affairs (November 01, 2013).
Last week, Premier Li Keqiang said China would cut its “carbon intensity”—the amount of carbon dioxide emitted per unit of GDP—to 60-65 percent of 2005 levels by 2030. Visiting Paris, the site in September of the United Nations Climate Change Conference, Li also reiterated that renewable energy should make up 20 percent of China’s primary energy supply by the same date.

The Philippines argued at a closed that an international court should intervene in its dispute with China over rights to exploit natural resources and fish in the South China Sea.
Chinese companies provide Russian companies with technology which they cannot access due to sanctions, and Chinese banks are a source of loans for Russian businesses.
Chinese stocks surged last year, but those gains didn't reflect broader economic gains. They were a result of more people investing in the stock market with borrowed funds.
Chinese government agencies step up efforts to shore up China’s plunging stock markets that the securities regulator described as facing panic and irrational selling.
China and Taiwan share claims to the South China Sea, a legacy of the civil war when the Communists beat the Nationalists and took control of the mainland in 1949.