By relying on low-interest loans to catalyze economic growth, China’s growth model resembles that of a huge development bank. While this approach has been successful so far, it remains to be seen whether it can be sustained.
When popular protests occur in China, Beijing’s official response is shaped by a number of factors, including the level of organization of the protesters, the media coverage the protests receive, the demands the protesters make, and the location of the protests.
While China’s new aircraft carrier does not pose a major threat to U.S. forces or allies in the Western Pacific, the United States needs to take steps to communicate this message of reassurance to countries in the region.
In order to reduce rural-urban inequality and prevent widespread unrest, China needs to invest its citizens with greater mobility and property rights by reforming its system for household registration.
Although movement is being made toward the resumption of six-party talks with North Korea, persistent disagreements will likely prevent any meaningful progress toward the denuclearization of the Korean Peninsula.
If China is able to rebalance its economy by increasing consumption and thus reducing its trade surplus, the United States would benefit from the decline in its trade deficit with China.
Although an increase in China's domestic consumption as a share of its GDP will cause its current account surplus to decline as it buys fewer U.S. government bonds, this will not necessarily be a bad thing for the U.S. economy.
The costs of the dollar's status as the international reserve currency now outweigh the benefits, and the United States should take the lead in moving to multi-currency reserves.
China’s stance on the recent UN Security Council Resolutions on Libya demonstrates that Beijing’s traditional foreign policy of noninterference is being challenged by its growing international involvement and expanding economic ties.
China's ongoing crackdown on domestic dissidents stems from a number of factors, including Beijing's fears about potential broader unrest and political posturing ahead of the upcoming leadership transition.