Carnegie China

Research and analysis on China’s foreign policy and role in the world.

    • Commentary

    China, Russia Ties on Sound Base

    With the bureaucratic infrastructure for solid bilateral relations between China and Russia already in place, the next step is increased dialogue between the countries’ intellectuals, who can examine the relationship from a broader perspective.

    • Commentary

    The Lessons of Lagarde's IMF Coronation

    Although Brazil, Russia, India, China, and South Africa enjoy significantly more power individually nowadays, as a group they still haven't mastered the methods for transforming their newfound economic prowess into global power.

    • Commentary

    Is China Really Rebalancing? No.

    In spite of nominal changes in the value of China’s currency and domestic interest rates and wages, China’s economy remains unbalanced, as real interest rates continue to outpace real wages and any real appreciation of the renminbi.

    • Research

    The Chinese Are Coming!

    While China’s new aircraft carrier does not pose a major threat to U.S. forces or allies in the Western Pacific, the United States needs to take steps to communicate this message of reassurance to countries in the region.

    • Commentary

    Expand Cities to Stop Dissent

    In order to reduce rural-urban inequality and prevent widespread unrest, China needs to invest its citizens with greater mobility and property rights by reforming its system for household registration.

    • Research

    Talks Set to Start with North Korea

    Although movement is being made toward the resumption of six-party talks with North Korea, persistent disagreements will likely prevent any meaningful progress toward the denuclearization of the Korean Peninsula.

    • Research

    How Long Will the Dollar Be King?

    As emerging economies increase in size, a multi-currency arrangement will likely replace the dollar as the bedrock of the international monetary system. For both the United States and the rest of the world, this is not necessarily bad news.

    • Commentary

    Four Important Bank Reforms for China

    If China is to avoid accumulating unsustainable levels of debt, it must reform its banking system by lowering interest rates, improving corporate governance, ensuring a more predictable regulatory framework, and providing higher quality information to investors.

    • Research

    Nuclear Crisis in Japan: Preliminary Policy Implications for China

    The ongoing nuclear crisis in Japan is expected to have a profound psychological impact on decision makers and ordinary citizens in China, where the world’s most ambitious nuclear construction is scheduled to unfold in the coming decade.

    • China Financial Markets

    Is Loan Growth in China Slowing?

    Ineffectual loan quotas have led Chinese banks to devise new, riskier lending mechanisms. This trend will continue as long as China maintains its loose monetary and credit policies.

    • Research

    China and the U.S. Nuclear Posture Review

    While the United States has expressed its desire to enhance strategic stability with China, there needs to be a better understanding of how China perceives America’s nuclear posture.

    • Research

    China’s Potential Stimulus Hangover

    China’s growth in 2010 was impressive, but massive credit expansion has left the economy with a potentially dangerous liquidity overhang and its growth will likely slow in 2011. A host of other risks leave China’s longer-term future more uncertain.

    • Commentary

    Avoiding U.S.-China Military Rivalry

    If the Chinese and U.S. militaries cannot commit to a cooperative relationship, progress between the two nations on strategic issues will be limited, hostility could grow, and both sides could become more resolute about defending their respective military objectives.

    • China Financial Markets

    Currency Manipulation

    Although an appreciation in China's currency value could benefit the United States in theory, Chinese leaders would likely counterbalance such a rise with policies that could further damage both the Chinese and U.S. economies.

    • Multimedia

    Three Dimensionality in Chinese Views on India and Space

    • Lora Saalman
    • February 04, 2011
    • James Martin Center for Nonproliferation Studies

    China’s perception of India’s military modernization and space capabilities has evolved over recent years, and growing bilateral strains demonstrate the need for collaborative measures to reduce tensions and clarify national policies.

    • Commentary

    China-Latin American Relations: Long-term Boon or Short-term Boom

    • Matt Ferchen
    • January 28, 2011
    • Chinese Journal of International Politics

    China’s domestic development drive has prompted it to develop trade relations with Latin America. While generating positive economic results for both sides in the short-term, the threat of Latin America once again falling into a pattern of export dependency—this time with China—looms large.

    • Multimedia

    Balancing Efforts Toward Nuclear Proliferation and Reduction

    Since the five permanent members of the United Nations Security Council are nuclear weapon states, they struggle in their attempts to convince other nations, like Iran and North Korea, not to develop a nuclear weapon program.

    • Multimedia

    Hu Jintao's Visit to the United States and the Status of U.S.-China Relations

    Given upcoming leadership transitions and elections in both China and the United States, the increasing U.S. attention to the Asia-Pacific region, and China’s growing global presence, Hu Jintao's upcoming trip to Washington has particular significance for U.S.-China relations.

    • Commentary

    China’s Military Muscle

    As China’s military modernization steadily advances, there are questions in Washington about Beijing’s ability to project power abroad and deter U.S. intervention in the Pacific—and whether that poses a threat to American interests

    • Commentary

    Overcoming Mistrust in U.S.-China Relations

    Open communication between the U.S. and Chinese governments and militaries can help overcome mutual distrust and create opportunities to tackle the world’s most critical problems, from the global economic crisis to stability on the Korean peninsula.

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