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It may be useful to think about Japan as a model for understanding the adjustment process in China, since the Japanese model shows how risky it is to shift to a slow-growth model.
As the North Korean regime continues to issue provocative warnings for foreigners to evacuate the Korean peninsula, suggesting military escalation, regional cooperation has become essential to maintainingstability on the peninsula.
India should take note of China’s rapid, multifaceted expansion of its ability to project power through its navy.
After weeks of escalating rhetoric, tensions between North Korea and the United States appear to be easing. But what prompted Pyongyang’s recent provocative statements?
China’s new leadership has taken shape since November and March but programmatic policy statements are not expected until around the time of the Third Plenum of the Central Committee in the autumn.
The conditions that facilitated China’s last major burst of economic reform in the 1990s are largely present today, potentially boosting the prospects for real and enduring economic change.
The Asia and the Pacific region continues to be the global growth leader even as it faces significant development challenges and downside risks.
As Taiwan peacefully manages its differences with mainland China, it seeks dignity within the international system and believes it can play a positive role supporting its close unofficial relationship with the United States.
In China, Kerry needs to focus on the broader context of the U.S.-China strategic relationship and how North Korea will harm this relationship.
China’s leadership is saying all the right things, but the political and economic challenges they face to achieve meaningful reforms remain daunting.