Wen Xin Lim is a Research Associate at IPP Review. She worked as a Research Assistant at the East Asian Institute, National University of Singapore from 2014-2015. She obtained her B. Soc. Science (Hons) in Economics & Chinese Studies from the National University of Singapore in 2013.
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Wen Xin Lim :
By Wen Xin Lim - 17 Jan 2017
In 2015, China’s capital outflow rose to nearly USD 1 trillion. The exodus of capital continued to surge in 2016, which prompted the government’s efforts in imposing new restrictions on yuan movements.
By Wen Xin Lim - 15 Dec 2016
China as a “regional bank” is not constrained geographically to Asia. In Latin America, the China Development Bank and the Export-Import Bank of China provided upwards of USD 29 billion to Latin American governments in 2015. In Europe, Chinese FDI increased by 44 percent from 2014 to reach USD 23 billion in 2015.
The title of “core” has more than a symbolic meaning for Xi Jinping. Xi has to make good use of his increased power to address power struggles within the party so as to unite the CPC; to execute his reform plan for sustainable economic growth; and to lead China into a path of socialism with Chinese characteristics.
Many observers commented that the quality of the presidential debates was far worse than they had expected. Remarks and comments made by both candidates had little to do with policies but a lot to do with personal attack or disparagement.
Lauded as a great success by Chinese President Xi Jinping, the Hangzhou G20 Summit came to a conclusion on September 5, 2016 with its final communique confirming the necessary consensus for the G20’s long-term vision.
Uber, the world’s most valuable ride-hailing startup with more than USD 13 billion in funding, has agreed to merge its China branch with Didi Chuxing, after suffering from a grueling price war with the local rival.
President Xi Jinping’s unyielding effort in the anti-corruption campaign has implicated 800,000 Chinese officials. How and when will he consider his mission to be accomplished? David Shambaugh and Zheng Yongnian had an in-depth exchange of views at a global forum on China in Singapore.
A natural corollary of the expansion of China’s economy and its massive financial reform would be the internationalization of the RMB. As an international payments currency, the RMB has leapfrogged from 20th position in 2012 to 5th in 2015.