Wang Luyi

Here is a recent op-ed building on the thread I shared here earlier on H1Bs Are High-Skill Immigrants a Problem? by Daron Acemoglu - Project Syndicate project-syndicate.org/commentary/us-…

China's factory activity likely remained flat in May: Reuters poll reut.rs/49YOsa2 reut.rs/49YOsa2

It's official: Canada has unexpectedly entered a technical recession for the first time since the pandemic lockdowns in 2020. Real GDP in Canada fell -0.1% in Q1 2026 following a -1.0% contraction in Q4 2025. This marks two-straight quarters of GDP contraction for the first time in six years. Economists had expected Q1 GDP growth of +1.5%, yet the economy suddenly contracted. The weak GDP data coincides with a weak job market as well, as the Canadian economy is likely to remain under pressure amid ongoing US tariffs. Meanwhile, the household saving rate fell to 3.5%, reaching its lowest level since the Q1 2024 as spending rose faster than incomes. Canada is facing a major economic slowdown.

Read the full article in the @IMFNews' Finance & Development Magazine. ustr.gov/about/policy-o…

📰 In the @IMFNews' Finance & Development Magazine, Ambassador Greer calls for the economics profession to revisit its assumptions and develop models that capture what matters to the real economy. If we want smarter policy, we need richer empirical tools that study how trade actually works.

Just concluded a productive trip to China.   As Canada focuses on diversifying trade and building new partnerships, our creative industries and cultural organizations have the talent, expertise, and creativity needed to seize opportunities on the world stage.

Le Canada et la Chine nouent un partenariat plus stable et constructif. Sur la base des progrès réalisés lors de ma visite en Chine au début de l’année, le ministre Wang Yi et moi avons parlé de la création d’occasions et d’une plus grande prospérité des deux côtés du Pacifique.

Congratulations to Ph.D. graduates #28, #29, and #30. From left to right, Zizhao Wang (now at OpenAI), Jiaxun Cui (now at Google), and Yuqian Jiang, (now at a startup in Boston).

The June 2026 issue of the Journal of Economic Literature (64, 2) is now available. aeaweb.org/issues/850

What is different about “China Shock 2.0”? It is not just an export surge: exports are rising much faster than imports, reflecting a more self-reliant strategy and pushing China’s trade surplus to unprecedented levels relative to the world economy. (1/2) federalreserve.gov/econres/notes/…

While America slept for decades, our vulnerabilities grew. But under President Trump’s leadership, we are alert to the risks we can no longer ignore—and attuned to the responsibilities we can no longer defer. Under @POTUS, we have awoken to morning again in America. And as we celebrate 250 years of the American story, I firmly believe that our best days still lie ahead.

For too long, our political class treated efficiency as a substitute for resilience and consumption as a measure of prosperity. Trade policy, industrial capacity, and national security are inseparable. And to allow foreign dependencies to degrade any one of those domains is to allow them to define America’s future. Under @POTUS’ leadership, we are rebuilding domestic production to restore American sovereignty.

Aujourd’hui, j’ai accueilli le ministre Wang Yi au Canada. Cette visite était la première d’un ministre chinois des Affaires étrangères au Canada depuis plus de dix ans, et représente une étape importante dans nos relations bilatérales. Nous avons convenu que le Canada sera le pays d’honneur à l’Exposition Internationale des Importations de la Chine, et nous nous sommes engagés à nous rencontrer au moins une fois par année, en tant que ministres des Affaires étrangères, afin de travailler étroitement à la résolution des enjeux sensibles. Nous avons aussi convenu de collaborer dans des secteurs clés comme l’agriculture, les technologies propres, l’énergie et la fabrication, ainsi que de rouvrir le dialogue sur les enjeux de sécurité nationale. J’ai également annoncé une mission commerciale canadienne des industries créatives en Chine cet automne. La communication entre nos gouvernements est essentielle, c’est pourquoi le ministre Wang Yi et moi avons convenu de nous revoir au sommet de l’ASEAN en juillet.

The Trump administration will not turn a blind eye to foreign trade practices undermining American innovators and creators. Today, Ambassador Greer initiated a Section 301 investigation to examine Vietnam’s acts, policies, and practices related to IP protection and enforcement. ustr.gov/about/policy-o…

@MedvedevRussiaE 发的什么疯？

Citizens of EU countries, You should realize your authorities have unilaterally entered into a war with Russia. So be vigilant and don't be surprised by anything. The peaceful sleep is over. But you know who to ask why!

Very valuable! "Handbook of the Economics of Climate Change" (Volume 2), edited by Lint Barrage and Solomon Hsiang. The "Handbook of the Economics of Climate Change, Volume Two provides readers from a broad range of backgrounds – including students, researchers, policymakers, and practitioners – with a central reference for core elements of the economics of climate change." It covers "how climate economics questions are addressed with diverse methodological approaches, including applied microeconometrics, game theory, industrial organization, and quantitative macroeconomics" It provides "up-to-date overviews of modern climate economics research prepared by leading experts in the field" Amazon: amzn.to/4nW3IdD Elsevier: sciencedirect.com/handbook/handb…

China is building a sprawling web of launch pads, bunkers and communications nodes near its nuclear missile silos in the country’s northwestern desert, satellite imagery shows reut.rs/4aenKdy

At Huawei Innovative Data Infrastructure Forum 2026, Yuan Yuan, President of Huawei Data Storage Product Line, delivered a keynote titled "Data Awakening, Infra Evolving", unveiling a full-stack data infrastructure solution for AI data centers to accelerate industry intelligence.

It was a pleasure to meet with President To Lam and Minister Giang of Vietnam and reinforce our commitment to deepen defense cooperation. A strong Vietnam makes the region more secure.

Exclusive: ByteDance is developing a new AI inference chip similar to Groq’s language processing units. ByteDance has been racing to secure its own AI silicon as Beijing pushes Chinese tech giants away from Nvidia and the U.S. government curbs exports of Nvidia chips to China. Read more: thein.fo/4wXVO7I