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Maxwell School News and Commentary

Filtered by: East Asia

Lovely helps debunk Trump's statement on China's economy in PolitiFact

"As an economy develops, growth rates come down," says Mary Lovely, professor of economics. "Over the long term, we have seen China’s average growth rate decline, which is what we would expect."

September 17, 2019

See related: China, Economic Policy

Gueorguiev comments on US-China trade talks, Huawei in Washington Examiner

"If differentiating the Huawei issue into trade and security strands makes it politically more palatable for the Trump administration to make a limited deal that lifts the ban on non-security related Huawei transactions, it is hard to see what the Chinese side stands to gain from not playing along," says Dimitar Gueorguiev, assistant professor of political science.

September 17, 2019

Lovely discusses US-China trade war with Business Insider, Marketplace

"Higher taxes on these goods are likely to be highly regressive, in that lower and middle class Americans spend a higher portion of their income on these Chinese imports than do higher income Americans," says Mary Lovely, professor of economics.

September 6, 2019

Lovely discusses the US-China trade war with Insider, Bloomberg

Mary Lovely discusses the uncertainty of US-China trade relationships, as the trade war between the two nations and the economic uncertainty has become a "dead weight on the economy", Lovely tells Bloomberg and Business Insider.
August 29, 2019

Hou paper wins joint best research award

Yilin Hou, professor of public administration and international affairs, won a joint best research award from the Deng Ziji Foundation and the Journal of Trade and Finance Economics in China for a co-authored paper published in the journal. The paper provides evidence to advocate for a broad-base property tax in order to capture the capitalized value arising from improved public services.

August 22, 2019

See related: Awards & Honors, China, Taxation

Lovely discusses costs of US-China trade war on Knowledge@Wharton

"We’re going to see permanently higher prices because the system as a whole will be less efficient," says Professor of Economics Mary Lovely. "President Trump’s actions are cementing firms’ view that this is going to go on for a long time."

August 14, 2019

Lovely discusses impact of Trump's new tariffs in CNN op-ed

"This new bundle of taxes falls heavily on final goods, such as clothing, shoes, household goods and baby products. If the tariffs start on September 1, as suggested by the president's tweet, shoppers will see the impact immediately, as they begin their back-to-school shopping," writes Professor of Economics Mary Lovely. 

August 6, 2019

Lovely weighs in on slowdown of China's economic growth in Associated Press

Slowing demand in China could depress their revenue, earnings and stock market value, says Mary Lovely, professor of economics. "President Trump is probably happy that he’s starting to tank the Chinese economy," Lovely says. "But it’s a case of ‘be careful what you wish for.’"

July 22, 2019

Lovely comments on widening US-China trade gap on NPR

"I think whatever jobs are created by President Trump's war on global supply chains are going to be dwarfed by losses in the U.S. export sectors," says Mary Lovely, professor of economics.

July 15, 2019

Lovely discusses possible outcomes of Trump-Xi meeting on Bloomberg

"We're looking at politics here so he [President Trump] may be looking for some gigantic sign that he has won, that he as somehow brought the Chinese to the table in a way that no one else could," says Mary Lovely, professor of economics. "And I think that's where the danger lies because that's what the Chinese are not going to want to give him."

June 26, 2019

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