David Rothkopf
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}Source: Getty
China's Now Asia's #1 Economy
Although China is growing rapidly, it faces challenges from internal unrest and a lack of full integration into the global economy.
Source: CNBC
On CNBC’s The Kudlow Report, David Rothkopf argued that the popular uprising in Egypt could prove contagious to China, whose regime has faced 70,000 to 80,000 demonstrations a year in the past years. Rothkopf argued that China’s political problems, its inability to communicate clearly with the international community, and its failure to fully integrate into the global economy undermine claims that the nation's rapidly growing GDP will make it a world leader.
About the Author
Former Visiting Scholar
David Rothkopf was a visiting scholar at the Carnegie Endowment as well as the former CEO and editor in chief of the FP Group.
- How Bush, Obama, and Trump Ended Pax AmericanaIn The Media
- A Bigger ClubhouseIn The Media
David Rothkopf
Recent Work
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.
More Work from Carnegie China
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China has showcased its engineering prowess with small modular reactor demonstration projects. But turning these technological achievements into commercial success will be a greater challenge.
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The Plaza Accord was not an externally imposed punishment of Japan but part of a broader restructuring that Japanese economists and policymakers themselves recognized was necessary. Its effects were undermined, however, when Tokyo responded to the resulting slowdown with policies that exacerbated investment, credit expansion, and the very imbalances the adjustment was intended to resolve.
Michael Pettis
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The nuclear relationship between China and the United States is increasingly shaped by widening perception gaps rather than deliberate strategic design.
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- Who Paid for China’s Last Debt Cleanup, and Who Will Pay for the Next?Commentary
China’s banking crisis in the 2000s was resolved by transferring the costs to households through financial repression—a decision that recapitalized the banks while exacerbating the structural imbalances that continue to shape the Chinese economy today.
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