China, the United States, and the Future of the Global Economy

By Adam Hurwitz

Chinese President Xi JinPing’s visit to the United States this week has created discussion of how the two nations can work together to improve their economic relationship as well as improve the global financial system going forward. Three major trends that are affecting global markets need to be addressed by these two nations. They are: the transformative financial technology, the strained trading liquidity, and the large scale of market intervention by central banks. Additionally, Xi JinPing’s visit may come with a breakthrough in Bilateral Investment Treaty talks which would not only benefit the economies of China and the United States, but contribute to the global economy as well.