“Combining valuable insights from his experience in China, his time as the World Bank's chief economist, and the 2008 financial crisis, Justin Yifu Lin's recommendations for development policy reflect an impressive and unique personal journey.” WorldJourneyPolicyDevelopmentUniqueCrisisFinancialChinaValuableInsightChiefsEconomistImpressiveCombiningFinancial CrisisJustinRecommendationsWorld BankPersonal Journey Author:Kemal Dervis
“China could easily emerge as the great winner if the Chinese leaders handle the situation well. On the other hand, they could also turn out to be the biggest losers if they handle it poorly. If the management turns out be wrong, this could lead to a political crisis in China.” IfsWellsHandsPoliticalTurnsSituationLeaderManagementCrisisChinaHandleChineseWinnerLoserBiggest Loser Author:George Soros
“There's sort of a theory that's going around in the China-watching community about a perfect storm coming up with the 2008 Olympics, a U.S. election and a Taiwanese election, some sort of mutually reinforcing explosion and crisis.” CommunityPerfectTheoryElectionCrisisChinaStormOlympicsExplosionsPerfect StormStorms Coming Author:Bonnie Blair
“I have no doubt that there will continue to be bumps, some serious crises indeed in our relationship with China.... Neither membership in the WTO nor normalized trade relations with the United States will magically impose the rule of law on China or institute deep-seeded respect for human rights. But it certainly has potential to advance those purposes.” HumansStatesLawPurposeUnitedUnited StatesDoubtRightsSeriousRelationCrisisTradeHuman RightsChinaNo DoubtOur RelationshipRule Of LawInstituteBumpsMembership Author:Daniel Patrick Moynihan
“The rest of the world understands little about China's changes and the possibilities and crises that come with them.” WorldLittlesPossibilityCrisisChina Author:Ai Weiwei
“It is not an easy job to govern China, I am aware of that. There are crises and emergencies all the time, we might not even be aware of some. But I am afraid we'll have to wait and observe precisely what the government is up to.” GovernmentMightJobsEasyWaitingCrisisChinaEmergencies Author:Ai Weiwei
“When I was in government, the South African economy was growing at 4.5% - 5%. But then came the global financial crisis of 2008/2009, and so the global economy shrunk. That hit South Africa very hard, because then the export markets shrunk, and that includes China, which has become one of the main trade partners with South Africa. Also, the slowdown in the Chinese economy affected South Africa. The result was that during that whole period, South Africa lost something like a million jobs because of external factors.” HardWholeGovernmentJobsLostResultsMillionsEconomyGrowingPeriodsCrisisTradeSouthFinancialChinaPartnersFactorsChineseAffectedSouth AfricaGlobal EconomyFinancial Crisis Author:Thabo Mbeki
“It’s easy to see why politicians would be drawn to the populist pose. First, it makes everything so simple. The economic crisis was caused by a complex web of factors, including global imbalances caused by the rise of China. But with the populist narrative, you can just blame Goldman Sachs.” FirstsWould BeEasySimpleEconomicPoliticianCrisisBlameComplexesIncludingChinaFactorsNarrativeImbalancePopulistEconomic CrisisGoldman SachsRise Of China Author:David Brooks