Despite yuan’s meteoric rise, dollar will dominate

ITHACA, N.Y. – The international finance community is on the brink of what Cornell economist Eswar Prasad calls “a momentous event.” On Oct. 1, the International Monetary Fund will add China’s currency, the renminbi, to its elite basket of reserve currencies. This international stamp of approval means the renminbi – and its unit, the yuan […]

China gets pass at G20 thanks to fluidity in the West

The G20 meeting – now underway in China – takes place in a world that is in an unprecedented degree of flux. Andrew Mertha, a Cornell University specialist in Chinese politics, says China is likely to get what it wants: an emphasis on economic issues. Bio: Mertha says: “For the G20 Summit, China’s leaders […]

US needs to tread carefully after South China Sea ruling

A United Nations tribunal has ruled in favor of the Philippines and against China in an arbitration case involving contested territory in the South China Sea. Chinese experts at Cornell University are available for comment on today’s development. Jessica Chen Weiss, professor of government at Cornell University, says that in the aftermath of the ruling, […]

South China Sea court ruling will have profound impact, regardless of decision

On July 12, a United Nations tribunal is expected to rule on an arbitration case involving contested territory in the South China Sea. Allen Carlson, professor of government and expert in Chinese politics at Cornell University, says that the Philippines brought the case to court with the hope of undermining Chinese claims. Regardless of whether […]

Cornell inducts China Advisory Board

Media note: Please find photos of Laura Spitz, vice-provost for international affairs at Cornell University, welcoming members of the new board here. ITHACA, N.Y. – Cornell University inducted seven members of its inaugural Cornell-China Advisory Board in a ceremony on April 2 at the Rosewood Hotel in Beijing. The role of the board members is […]

Pulitzer Prize-winning journalist to give environmental lecture

WHAT: “Navigating Environmental and Economic Conflicts in China and the World” WHEN: Wednesday, April 20, 5 p.m. WHERE: Klarman Hall auditorium, Cornell University MEDIA: The event is free and open to the public. Media members are asked to RSVP to Daryl Lovell in Cornell’s Media Relations Office at 607-254-4799 or ITHACA, N.Y. – Pulitzer […]

Top entrepreneurs to join Cornell China Advisory Board

The induction will follow a day of panels about China-U.S. relations, transpacific dialogue and business innovation in China WHAT: Cornell’s China Advisory Board Induction; Panels on China-U.S. relations, transpacific dialogue and business innovation in China WHEN: Saturday, April 2, 1 to 5 p.m. WHERE: Rosewood Hotel, Jing Guang Centre, Hujialou, Chaoyang District, Beijing MEDIA: The panels and […]

Apple Pay likely to take small bite out of Chinese market

Apple is expanding its mobile wallet, Apple Pay, to the Chinese market. In doing so, Apple is partnering with UnionPay, one of China’s top state-owned lenders. Murillo Campello, a professor of management and finance at Johnson at Cornell University and an expert on Apple Inc., says branching out into new activities might be positive for […]

U.S. missile plan in Korean peninsula makes little technical sense

The United States and South Korea are discussing the possibility of placing an advanced missile defense system in South Korea in response to North Korea’s recent rocket launch into orbit, which many see as part of a secret nuclear weapons program. George Lewis, a visiting scholar at Cornell’s Judith Reppy Institute for Peace and Conflict Studies, has […]

Dissatisfaction with outgoing president fuels pro-independence party in Taiwan

Taiwanese voters will elect a new president and parliament later this week, with polls currently favoring the Beijing-skeptic and pro-independence Democratic Progressive Party, and its leader Tsai Ing-wen. Allen Carlson, associate professor in Cornell University’s government department, says that Tsai’s advantage in the polls is a product of voters’ dissatisfaction with the ruling party on domestic […]