A dual currency system would allow governments to control the sudden surge of excess funds flowing from the financial economy into the real economy.
Beijing now has to negotiate a trickier passage: meeting the ever-increasing needs of the people for a better livelihood and combatting uneven and inadequate development.
This is especially pertinent in this time of economic hardship for many women in the region.
Another ministerial conference is approaching later this year and, with a new director-general at the helm, there are hopes for a revival in the global body’s fortunes.
Workers are left at the mercy of employers, who laid off an estimated 10 percent of the workforce.
The concern should not be about the level of debt but about how the country deploys the financing and whether it is able to implement further structural reforms.
In the long run, the impact on China will be limited.
A closer look at the initiatives to create alternate global supply chains that are durable, resilient and less reliant on China.
The passage of the national security law and China's suppression of the democratic movement in Hong Kong could mean the end of the supply of global talent.
A look at how the Belt and Road has put China in a more influential and favorable position than its critics would allow.
Beijing is now seeking to turn the tide in its favor through fresh narratives centering on China’s goodwill in providing public goods for international cooperation.
Asia's economies cannot sustain high growth forever, social tensions are increasing and ageing government leaders lack the capacity to cope with critical challenges.
While their main emphasis will be on domestic regeneration, the Biden team will be prepared to work with allies to rebuild international economic cooperation.
Examining the relationship between EU and US regulatory initiatives on Asia-Pacific IPR – and their apparent unnecessary duplication.
India and Japan are well positioned to shape strategic solutions and to deliver on the shared responsibility of providing global public goods.
Who will take the lead in ensuring cyber security, privacy and other critical safety factors?
For the ASEAN community as a whole to benefit from technology, economics should not be the sole determining driver.
Financial crises, rapid technological advances, shifting competitive advantages, and the pandemic are straining emerging Asian economies.