Asia

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.

The Carnegie–Tsinghua Center for Global Policy is a joint U.S.–China research center based at Tsinghua University in Beijing, China. The Center brings together senior scholars and experts from the United States and China for collaborative research on common global challenges that face the United States and China.
 
In the spotlight
 

The Debt Surge Will Not Ruin China

China will see a rise in banks’ nonperforming loans and increasingly frequent defaults in the bond and shadow banking markets. This process will be very messy but is unlikely to derail the economy.

Bujang Valley is Our National Heritage

The excavation of the Bujang Valley complex should be seen as an effort to preserve Malaysia’s venerable national heritage and used to build a multicultural nation that can accommodate diversity.

Let Us Not Miss the Point on Chinese Defaults

The decision not to bail Chaori out is not a true test of Beijing’s commitment to allow the “market to play a decisive role” in resource allocation as announced last year in the third plenum.

How Does the Ukraine Crisis Impact China?

Beijing has struck an ambivalent posture regarding the Ukrainian crisis and the severing of Crimea, but it is not hurting China’s interests.

Indonesia Must Rise to Strengthen ASEAN

Indonesia’s future rests with Southeast Asia, and ASEAN is at the heart of the region’s institutional architecture. If Indonesia is to shape its own geostrategic environment, then it must work with its neighbors to strengthen ASEAN.

Do Not Fear a Chinese Property Bubble

Much of China’s explosive debt growth has been driven by the development of a private land market over the past decade, making the surge in debt a sign of financial deepening rather than instability.

 

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China Insights

Carnegie Experts on Asia

  • Muthiah Alagappa
    Nonresident Senior Associate
    Asia Program

    Alagappa, a nonresident senior associate in the Asia Program, was the first holder of the Tun Hussein Onn Chair in international studies at the Institute of Strategic and International Studies in Kuala Lumpur, Malaysia. His research focuses primarily on Asian security, the political legitimacy of governments, civil society and political change, and the political role of the military in Asia.

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  • Evan A. Feigenbaum
    Nonresident Senior Associate
    Asia Program

    Feigenbaum’s work focuses principally on China and India, geopolitics in Asia, and the role of the United States in East, Central, and South Asia. His previous positions include deputy assistant secretary of state for South Asia, deputy assistant secretary of state for Central Asia, and member of the secretary of state’s policy planning staff with principal responsibility for East Asia and the Pacific.

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  • François Godement
    Nonresident Senior Associate
    Asia Program

    Godement, an expert on Chinese and East Asian strategic and international affairs, is a nonresident senior associate in the Asia Program at the Carnegie Endowment for International Peace.

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  • Paul Haenle
    Director
    Carnegie–Tsinghua Center for Global Policy

    Haenle served as the director for China, Taiwan, and Mongolian Affairs on the National Security Council staffs of former president George W. Bush and President Barack Obama prior to joining Carnegie.

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  • John L. Holden
    Nonresident Senior Associate
    Asia Program

    Holden is a nonresident senior associate in the Carnegie Asia Program. He also advises corporations and other organizations on their operations in China and assists Chinese companies overseas.

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  • Yukon Huang
    Senior Associate
    Asia Program

    Huang is a senior associate in the Carnegie Asia Program, where his research focuses on China’s economic development and its impact on Asia and the global economy.

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  • Vikram Nehru
    Senior Associate
    Asia Program
    Bakrie Chair in Southeast Asian Studies

    Nehru is a senior associate in the Carnegie Asia Program. An expert on development economics, growth, poverty reduction, debt sustainability, governance, and the performance and prospects of East Asia, his research focuses on the economic, political, and strategic issues confronting Asia, particularly Southeast Asia.

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  • Douglas H. Paal
    Vice President for Studies

    Paal previously served as vice chairman of JPMorgan Chase International and as unofficial U.S. representative to Taiwan as director of the American Institute in Taiwan.

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  • Michael Pettis
    Nonresident Senior Associate
    Asia Program

    Pettis, an expert on China’s economy, is professor of finance at Peking University’s Guanghua School of Management, where he specializes in Chinese financial markets.

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  • James L. Schoff
    Senior Associate
    Asia Program

    Schoff is a senior associate in the Carnegie Asia Program. His research focuses on U.S.-Japanese relations and regional engagement, Japanese politics and security, and the private sector’s role in Japanese policymaking.

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  • Michael Swaine
    Senior Associate
    Asia Program

    Swaine is a senior associate at the Carnegie Endowment for International Peace and one of the most prominent American analysts in Chinese security studies.

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About the Program

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.

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