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Russia’s annexation of Crimea and possible future incursions into eastern Ukraine could reshape the geopolitical map of Europe and derail cooperation between Moscow and the West for years to come.
Beijing has struck an ambivalent posture regarding the Ukrainian crisis and the severing of Crimea, but it is not hurting China’s interests.
Rising inequality is inextricably tied to economic imbalances and, in a context of limited productive investment opportunities, the only sustainable outcome is sharply higher unemployment.
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.
The North Korean nuclear threat is a growing concern in Tokyo and will influence the revision of the U.S.-Japan bilateral defense cooperation guidelines.
The United States should take concrete steps to reassure and support its allies in an effort to deter Chinese coercion.
Liberalizing deposit interest rates without first addressing other distortions within the financial system will exacerbate distortions and introduce new and unnecessary risks to China’s economy.
The driving motivation behind the decision by the National People’s Congress to set the growth target at 7.5 percent is their desire to guarantee full employment.
Exponents of reform have been skeptical of Xi’s top-down approach. The question is how many reforms from the Third Plenum will see concrete implementation by the National People’s Congress meeting.
The meeting between officials representing China and Taiwan is an important symbolic milestone and reflects broad progress in in improving cross-strait relations.