A prominent Beijing scholar who recently fled to the United States has warned that China was sending “spies” to American universities, and urged US institutions to tread carefully on academic co-operation.
Xia Yeliang is one of the original signatories of Charter 08, a petition for reform whose Nobel Prize-winning lead author Liu Xiaobo is in prison. Continue reading
Nobel Prize laureate Thomas Sargent says the era of the US dollar as the world’s largest trade currency could come to an end, China Entrepreneur magazine reports.
The United States was a poor country after it was founded in the 18th century but its economy improved dramatically after it “imported” many highly educated academics and was willing to admit to policy mistakes and rectify them, Sargent said. Continue reading
BERLIN (Reuters) – An American who won this year’s Nobel Prize for economics believes sharp rises in equity and property prices could lead to a dangerous financial bubble and may end badly, he told a German magazine.
Robert Shiller, who won the esteemed award with two other Americans for research into market prices and asset bubbles, pinpointed the U.S. stock market and Brazilian property market as areas of concern. Continue reading