Bilateral trade balances alone aren’t an accurate reflection of a country’s economic strength.
Both the United States and China have to recognize the reality, if not the legitimacy, of each other’s fears about North Korea and make concessions that indicate their good faith in eventually moving toward a Korean Peninsula that is united.
After five years of consolidating power, Xi Jinping will emerge stronger than ever before. For this year at least, Xi will play the role of global leader, and the world will be better for it.
Both China and the United States need to address shared problems such as moderating rising income disparities, designing effective regulatory systems, and promoting innovation.
The only effective way to create a more stable environment in the maritime areas near China is for the United States to lead a serious diplomatic dialogue with Beijing and other claimants aimed at establishing mutually acceptable restraints, accompanied by strong U.S. and allied deterrence signals.
The Chinese development model is an old one and can trace its roots at least as far back as the infant industry protection, internal improvements, and system of national finance of the American System of the 1820s and 1830s. Understanding why the many precedents for its growth model have succeeded in some few cases and failed in others will help us enormously in understanding China’s prospects.
South Korea’s ongoing political crisis is making it difficult to respond effectively to North Korean provocations.
The Chinese underground music scene lives on social media—but not on the platforms the rest of the world uses
Large concentrations of capital into a single market can eventually lead to a debt crisis and rising unemployment, making large infrastructure investment a necessity in both the United States and Europe.
Contrasting political systems and cultural norms have always made it difficult for China and the United States to work together. Ironically, with Presidents Trump and Xi, the potential for conflict is now greater not because of these differences but because of commonalities in their aspirations.
This Chinese-language monthly offers objective and original policy analysis on China for American and Chinese researchers and policymakers.
The Carnegie Asia Program in Beijing and Washington provides clear and precise analysis to policy makers on the complex economic, security, and political developments in the Asia-Pacific region.