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东亚研究所

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Upcoming Events

EAI Seminars

Measuring Domestic Value Added in China's Exports: A Direct Approach

by Professor Xing Yuqing

Wednesday, 28 January 2015 at 3:30pm  More

The Political Economy of Rural Finance in China

by Dr Feng Hui

Friday, 30 January 2015 at 3:30pm

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Earnings, Income and Wealth Distributions in China: Facts from the 2011 China Household Finance Survey

by Dr Zhu Shenghao

Wednesday, 4 February 2015 at 3:30pm  More

东亚研究所华语讲座

讲题 

中国超大城市新型多民族社区及其治理——北京的案例研究

主讲者

良警宇教授

日期   

2015213

 ( 星期五) , 下午3点半  More

Latest Publications

NEW RELEASE!

East Asian Policy

(Volume 6, No 3, Jul/Sep 2014)

More

an SSCI Journal

NEW RELEASE!

China: An International Journal
(Volume 12, Number 2, August 2014)

More

The Political Economy of Deng's Nanxun: Breakthrough

in China's Reform and Development

by John WONG

More

Another China Cycle: Committing to Reform

by WANG Gungwu

More

Food Security: The Role of Asia and Europe in Production, Trade and Regionalism

Edited by Wilhelm HOFMEISTER, Patrick RUEPPEL and John WONG

More

Advancing Singapore-China Economic Relations

Edited by SAW Swee-Hock & John WONG

More

新加坡社会发展转

:新方向、新模

黄朝翰、赵力涛 著

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Parliaments in Asia: Institution Building and Political Development

Edited by ZHENG Yongnian, LYE Liang Fook & Wilhelm HOFMEISTER

More

Health Policy Reform in China: A Comparative Perspective

by Jiwei QIAN & Åke BLOMQVIST

More

East Asian Institute Ranks Fifth in Asia and the Pacific Region in 2013 Global Go To Think Tank Survey

East Asian Institute (EAI) is placed fifth overall in the Asia and the Pacific category (which excludes China, India, Japan and South Korea) of the 2013 Global Go To Think Tank Survey's annual rankings.

For the second year running, EAI has retained its fifth position since it was first nominated in 2011. The 2013 international rankings report was released on 22 January 2014 by the University of Pennsylvania's Think Tanks and Civil Societies Program at the United Nations University and the World Bank in Washington DC.

Out of 6,826 think tanks invited to participate in the 2013 survey that consisted of 47 categories, 171 think tanks advanced into the nomination round and were ranked based on a set of stringent selection criteria such as quality and commitment of think tank's leadership, quality and reputation of research staff as well as the research and analysis produced and so on. EAI encompasses these attributes that contribute to its overall institutional standings.

EAI shares the roll of honour for the aforementioned category with four other Singapore think tanks, namely the Singapore Institute of International Affairs (SIIA), which secures the top spot; the Institute of Southeast Asian Studies, which is ranked 11th; the Institute of Defence and Strategic Studies ranked 16th; and the Political Risks Assessment Group ranked 29th.  

The 2013 Global Go To Think Tank Survey rankings report can be accessed at the Go To Think Tank website.


China: An International Journal (CIJ), indexed and abstracted in SSCI, JCR and CC/Social and Behavioral Sciences of Thomson Reuters

The East Asian Institute (EAI) is pleased to announce that, effective from December 2010, China: An International Journal (CIJ) will be indexed and abstracted in the renowned and authoritative interdisciplinary citation indexes of Thomson Reuters:

Social Sciences Citation Index®;

Journal Citation Reports/Social Sciences Edition; and

Current Contents®/Social and Behavioral Sciences.

The earliest issue of CIJ available for access in Thomson Reuters database is volume 7, issue 1, published in March 2009.

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EAI Weekly Talking Point

Tuesday, 13 January 2015

China and CELAC Deepen Cooperation

China and the Community of Latin American and Caribbean States (CELAC) — a regional bloc of 33 Latin American and Caribbean states formed in 2010 — forged closer collaboration in key concrete areas of cooperation in political dialogue, trade, investment, infrastructure, tourism as well as agriculture, industry and science and technology at the first China-CELAC forum ministerial meeting held in Beijing on 9 January 2015.

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Tuesday, 6 January 2015

The New Normal in Chinese Economy

"New normal" (or xin chang tai) has become the Chinese government's catchphrase of the year under Xi Jinping's leadership. China has entered a "new normal" period of lower economic growth after 35 years of double-digit growth. Not limited to economics, the terminology is also widely applied in the politics and sociology realms. 

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in focus

INTERNATIONAL CONFERENCE

Europe's Pivot towards Asia? New Opportunities and Challenges in EU-Asia Relations

14 January 2014

While media focus in this part of the world has always been on the Pacific powers, namely the United States, China and Japan, this roundtable discussion brought the strategic relations between the European Union (EU) and Asia, an infrequently broached subject, in the spotlight. 

The East Asian Institute (EAI) collaborated with Professor Thomas Christiansen, Jean Monnet Chair of European Institutional Politics from Maastricht University and visiting senior research fellow at EAI, in co-organising an international conference, titled Europe's Pivot towards Asia? New Opportunities and Challenges in EU-Asia Relations, that convened leading experts and scholars from Australia, China, Japan, the United Kingdom and Singapore. This conference, spearheaded by GEAR (Research Group on EU-Asia Relations), provided an in-depth and multidisciplinary analysis of the challenges of EU-Asia relations. 

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LATEST China AnalysEs

CHINA'S ECONOMY 2014/15: REFORM AND REBALANCING TO SUSTAIN GROWTH UNDER THE "NEW NORMAL"

John WONG, 17 December 2014

Having chalked up double-digit rates of growth for more than three decades, China's economy has in recent years slowed down, with only 7.3% growth for 2014. Growth for 2015 may further moderate to 7.1% or just about 7%. What is most crucial for President Xi Jinping is not pure GDP growth in quantitative terms, but whether the economy is on track to rebalance and reform, which is critical for the next phase of higher quality growth. After its long period of hyper growth, China's economy is badly in need of restructuring and rebalancing. A lot of China's structural problems are caused by its over-saving and under-consumption, leading to over-production and over-export. Apart from rebalancing its major growth drivers, China needs to step up technological progress for greater contribution to growth from productivity, especially since its former sources of productivity growth from the early market reform have dried up. By far the greatest challenge is "institutional innovation" as revealed by Xi Jinping's comprehensive reform package at the Third Party Plenum in November 2013. China has run out of its "demographic dividend" associated with its former labour-intensive manufacturing because of fertility decline.  To support future growth under the New Normal, China needs to exploit the new growth potential of future reforms and institutional changes, i.e. to utilise the "reform dividend".  With these, China is set to overcome the so-called "Middle Income Trap" and make a successful transition to a low per-capita developed economy before 2030.

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CHINA'S ECONOMY 2014/15: ADJUSTING TO THE "NEW NORMAL" OF MODERATE GROWTH

John WONG, 17 December 2014

According to the IMF, China has become the world's largest economy in 2014 based on PPP (purchasing power parity) GDP. Beijing was actually quite blasé about this new landmark.  China's GDP, even in nominal terms, will inevitably catch up with the US level to be the world's largest in a decade or less. As China's economic growth has lost its momentum, growth for 2014 is widely estimated to be 7.3%, the lowest in 15 years and a marked decline from 7.7% of 2013. Xi Jinping, however, has openly embraced this low-growth threshold as the "New Normal". China today as a big economic mammoth of about US$10 trillion should not continue to be growing at its former high rates.  Its mere 7% growth will add to it the amount of GDP that is slightly more than two-thirds of Indonesia's and one-third of India's.

The unfavourable global economic environment in 2014 had brought down growth everywhere. But China's present slowdown is attributable mainly to its own deliberate "policy options" and "structural factors" that are needed for the New Normal. Apart from being "policy induced", China's present slowdown has also been caused by "structural factors". In the past, China's growth was mainly investment driven. But excess capacities in heavy industry and the cooling housing market have recently depressed domestic investment. Meanwhile, domestic consumption (very low for China because of its high savings and high investment) has not risen fast enough to compensate for the decline in domestic investment. China's external demand has also plummeted partly due to the erosion of China's export competitiveness. In all, China's major growth drivers have been seriously weakened. Hence the inevitable slowdown. Most significantly, China's leadership has recently changed its perception of economic development by ending its long obsession with GDP-dominated growth in exchange for higher quality growth. Xi wants more balanced and more stable growth, emphasising quality and efficiency.

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Last Modified on 27 January 2015