GDP growth means something fundamentally different in China than in most countries.
Michael Pettis
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"George Perkovich"
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"primaryCenter": "Carnegie Endowment for International Peace",
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}Source: Getty
Since acquiring atomic weapons, India, Pakistan and North Korea have not engaged in major warfare. But nuclear deterrence alone does not buy peace — diplomacy must keep the balance.
Source: Nature

By the mid-1970s, China, Israel and India had nuclear explosives, and Pakistan and South Africa were preparing to join them. These nations treated nuclear weapons differently. They built relatively few, did not deploy them for immediate use and kept them largely out of political view. South Africa disarmed in the early 1990s, and North Korea became nuclear-armed. Of the nine countries that have nuclear weapons today, the United States and Russia are hardly typical.
Read the full article in Nature.
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
GDP growth means something fundamentally different in China than in most countries.
Michael Pettis
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