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Shuaihua Wallace Cheng
Shuaihua Wallace Cheng
Shuaihua Wallace Cheng is the managing director for China at the International Centre for Trade and Sustainable Development

‘The US, not China, should write the rules of the global economy’: Is Beijing ready for a new Asia-Pacific trade pact led by the US?

U.S. President Barack Obama vetoes H.R. 1735 "National Defense Authorization Act for Fiscal Year 2016" in the Oval Office of the White House in Washington October 22, 2015. Obama officially vetoed the $612 billion defense bill on Thursday, sending the legislation back to Congress because of the way it uses money meant for war spending to avoid automatic budget cuts to military programs. REUTERS/Kevin Lamarque TPX IMAGES OF THE DAY

MacroscopeOvercapacity a time bomb for China’s economy

A Chinese worker at steel mill in Tangshan, China's Hebei province. Industries across China are struggling with massive debts and overcapacity, the hangover from credit-fuelled expansion which helped drive decades of stunning growth. Photo: AFP
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