Debt is rising more quickly in the United States than most people would prefer. This is happening in part because the U.S. current account deficit and the country’s high level of income inequality distort the structure and amount of American savings.
The United States should pragmatically continue to engage China where possible, while cultivating a coalition based on shared interests and values to hedge against Beijing’s unconstructive behavior.
January 2019 marks the fortieth anniversary of the normalization of relations between the People’s Republic of China and the United States. Four Carnegie scholars—two American and two Chinese—assess the relationship today.
Sheila A. Smith and Masahiro Kawai will join two panels of experts from academia, business, and the media to consider a broad range of political, economic, security, and societal issues likely to impact Japan and the U.S.-Japan alliance in the year ahead.
Secretary of State Mike Pompeo met with his North Korean counterpart, Kim Yong Chol, in Washington in what was reportedly a meeting to firm up about a second summit between President Trump and North Korean leader Kim Jong Un.
Analysts are increasingly skeptical that China’s very high reported GDP growth rate provides a meaningful picture of the economy’s health. There are, however, at least three very different ways that reported GDP can fail to reflect the underlying economy.
The U.S.-China relationship is confronting its most daunting challenge in the forty years since normalization of relations. Current trends portend steadily worsening relations over the long term and the threat of an even more dangerous decline in the relationship demands serious corrective measures.
A bilateral group of scholars and former defense officials will assess Japan’s policy priorities and defense capabilities through the lens of its newly revised guidelines and Mid-Term Defense Plan.
Will South Korea’s president be able to create peace with his quarrelsome northern neighbor, or will he stumble over economic weaknesses at home?
In the Balkans, just outside the EU, China is enjoying a different experience. Serbia claims to have become one of China’s best friends in Europe.
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.