Gregory Chin, In the News
CIGI Senior Fellow Gregory Chin comments on the internationalization of China's currency, in the wake of recent offshore futures contracts deliverable in yuan by a Chicago-based exchange operator.
“What’s at stake here is not just about IMF voting share. Since the crisis, the previously preferred models, the so-called Washington Consensus, have been called into question,” says CIGI Senior Fellow Gregory Chin, commenting on the reaction of Brazil and other nations to last week's elections to the International Monetary Fund (IMF)’s executive board.
"Beijing still needs to look carefully at the limits of key European states in backing such mechanisms and then determine how much support it is willing to give," says CIGI Senior Fellow and China Research Chair Gregory Chin, commenting on the establishment of the European Stability Mechanism.
“It is clear that China is pursuing way more bilateral deals than it is going through any international banks. But this doesn’t mean it’s undermining the established order. You could say that China is trying to reform the existing order by shifting to a regional, decentralized system,” says CIGI Senior Fellow and China Research Chair Gregory Chin
China Research Chair and Senior Fellow Gregory Chin comments on Waterloo Mayor Brenda Halloran promoting the city to the Chinese public via the social media site Sina Weibo.
"The concern across the border is that if there is a contract to sell resources to China, then they can't be sold to the US...they might have to buy from less secure sources of supply," says Senior Fellow Barry Carin, commenting on CNOOC's bid to acquire Canadian oil and gas producer Nexen Inc.
"They are looking for an opportunity to better present their views by linking the issue of increased contributions to the IMF to the pre-condition of increasing the voices of the developing nations," says CIGI Senior Fellow Gregory Chin, commenting on the Chinese government's approach to increasing its contribution to the IMF's efforts to stabilize the euro zone.
CIGI China Research Chair and Senior Fellow Gregory Chin says that making Canada's next ambassador to China a political appointment would be "very well-received in Beijing."
CIGI Senior Fellow Gregory Chin comments on Prime Minister Stephen Harper's visit to China. He says, "It's going to be extremely important for Canada to diversify beyond the United States at a time when Canadians and the Canadian government are trying to secure prosperity for Canadians."
In an interview with CTV News Channel's Power Play, CIGI Senior Fellow Gregory Chin discusses Canada and China's relationship and what will be discussed on Prime Minister Stephen Harper's trip.