A single agency responsible for systemic risk would be accountable in a way that no regulator was in the run-up to the 2008 crisis. With access to all necessary information to monitor the markets, this regulator would have a better chance of identifying and limiting the impact of future speculative bubbles.

There are some things that you can work on immediately.

There is no way to stabilize the markets other than through government intervention.

Anticompetitive practices hurt Chinese private firms nearly as much as foreign ones.

In China, export lobbies have fought for policies that favor their interests and limit foreign competition.

In just about every area of society, there's nothing more important than ethics.

U.S. exports to China have more than quintupled since China entered the WTO and have grown more quickly than imports. In fact, China is America's fastest-growing export market.